Motieka & Audzevicius has advised the sellers on the EUR 84 million sale of Lithuanian startup MailerLite to Polish technology company Vercom. Gessel and Ellex advised the buyer.
MailerLite is a global supplier of email communication tools for business customers. The company has activities in most countries in the world, with a focus on the US.
Poland's Vercom is a listed technology company providing cloud solutions in the CPaaS model and building cloud communications platforms.
"Upon acquisition, the group plans to significantly accelerate the business growth and dynamically scale up operations and finances across global markets," Motieka & Audzevicius informed. "It is anticipated that the number of customers will triple from approximately 19,000 to around 57,000, located in 180 different markets."
The Motieka & Audzevicius team included Partners Giedrius Kolesnikovas and Rokas Jankus, Senior Associate Aivaras Grigas, and Associates Darius Amsiejus and Laurynas Ramonas.
The Gessel team was led by Partner Karol Sokol, Associate Dominik Kaszuba, and Junior Associate Pawel Plisko and included Partner Krzysztof Marczuk, Of Counsel Inarda Bielinska, Managing Associate Karolina Krzal-Kwiatkowska, Senior Associates Michal Wielinski and Michal Bragiel, and Associate Jakub Rowicki.
The Ellex team consisted of Partner Olga Petroseviciene, Associate Partners Rapolas Kasparavicius and Azuolas Cekanavicius, Senior Associates Mantas Juska and Arvydas Gruseckas, and Associates Edvinas Dzulis and Marijus Dingilevskis.