03/03/2021
Invest Europe recognizes the excellence of private equity in the CEE region by publishing a special report “Private Equity in CEE: Creating Value and Continued Growth”. The report highlights and describes the best selected private equity investments during 2015-2019.
LitCapital is proud that the turnaround of its portfolio company Baltik Vairas was also mentioned (the only investment from Lithuania this time). Our focus was on building the top management team, transforming the client base, digitalizing and automating production; thereby growing the company’s sales 4x and transforming Baltik Vairas into a future-proof market leader. This investment was also granted the RealDeals European Private Equity Deal of the Year 2020 award (the first such award for the most successful deal from Lithuania).
Link to the report: Invest Europe “Private Equity in CEE: Creating Value and Continued Growth”