Castrén & Snellman’s Post

YPOG advised the DUBAG Group on the final closing of its third private equity fund Lenbach Equity Opportunities III. with a value of €80 million, almost doubling the fund size of their predecessor fund. The team led by Fabian Euhus regularly advises DUBAG on fund structuring and other legal topics. Congratulations to our client, DUBAG Group, and all parties involved! The YPOG team was led by Fabian Euhus, and included Helder Schnittker Saskia Bong, Dajo Sanning, and Dr. Jannik Zerbst.   ➡ Link to the press release in the comments below.   #YPOG #PartnersOfGamechangers #Funds #Growth 

IMIZI Rum, a Rwandan spirits brand, has raised $500,000 in pre-seed funding led by angel investors from North America, UK, Singapore, and #Rwanda.

A Schoenherr team led by Matija Vojnovic and Vojimir Kurtic is advising Agri Europe Cyprus Ltd, a leading financial holding company in Southeast Europe, on the agreed acquisition of 74.94 % of shares in Hipotekarna Banka. Read our press release here: https://lnkd.in/dCTfU595 The Schoenherr advisory team further includes Zoran Soljaga, Petar Vucinic, Luka Milosevic, Stefan Dobraš, Željko Loci and Dušan Obradović.

FNDX is thrilled to announce our continued strategic support in the latest funding round for LimoLane, which has successfully secured €35 million. This investment will accelerate LimoLane's ambitious plan to sustain organic growth and implement a strategic buy-and-build approach. LimoLane has become a global leader in premium mobility solutions for corporate clients across the industrial, fashion, travel, tourism, hospitality, and financial & professional services sectors. With its proprietary software that digitizes B2B mobility demand, LimoLane integrates with client management systems and consolidates a fragmented market of chauffeur service providers, thereby increasing their visibility, vehicle usage, and revenue. The company has demonstrated robust growth, with revenues climbing from €8 million in 2022 to €16.5 million in 2023, and is projected to reach €34 million in 2024, maintaining an EBITDA Margin above 30%. This funding round was led by Cherry Bay Capital Group, in partnership with FNDX VC and FG2 Capital, alongside a selected group of investors from a previous €4 million round in early 2023. Congratulations to Francesco Righetti and the entire team at LimoLane on this remarkable achievement! #PrivateEquity #MobilitySolutions #DigitalTransformation #StrategicGrowth #GlobalExpansion

Tirlán Co-op shareholders have voted overwhelmingly in favour of a proposal to change the rules of the Society to give more flexibility to manage its financial investments on behalf of Members. The result at today’s Special General Meeting (SGM) was in excess of 80% in favour of this proposal. Following today’s vote, the rules will change to allow the Board of the Co-op greater flexibility in managing its investment in Glanbia plc. Tirlán Co-op today holds a 28.9% shareholding in Glanbia plc, which is valued at more than €1.1 billion. The positive vote will facilitate the release of approximately €222 million of value to Members through a spin-out of 15 million Glanbia plc shares, which will take place as early as possible in 2025. Commenting after the result was announced, John Murphy, Chairperson of Tirlán Co-op, said: “This is a transformational outcome for our Co-op. Today’s positive vote will provide our ambitious Co-op with greater flexibility to better manage our financial investments. The core aim of today’s resolution is to drive farm family income, secure the future for this generation and, equally importantly, ensure we have a strong Co-op for the next generation.” For more 👉 https://bit.ly/4dyUGMV #hereforgood

If you haven’t heard yet what Prototron fund is all about, why do we support this initiative, and what have we achieved over the years of working together, check out the video (in Estonian). 😊👇 Here’s a hint: Prototron aims to ensure that innovative ideas get the support they need to take the first big steps in the start-up landscape. This year, the prototype financing programme Prototron will launch two funding rounds. In the spring application round, a total amount of €75,000 will be awarded to companies for developing new prototypes. One company may receive a maximum funding of €35,000. Read more 👉 https://lnkd.in/d_fcBFpY 💡Bring your smart idea to Prototron and turn it into a successful business! The programme will help you develop the initial prototype with both expert and financial support. Apply by 31 March at 👉 https://prototron.ee/

𝐌𝐚𝐫𝐚𝐭𝐡𝐨𝐧 𝐏𝐚𝐫𝐭𝐧𝐞𝐫𝐬 𝐀𝐝𝐯𝐨𝐜𝐚𝐭𝐞𝐬 𝐟𝐨𝐫 𝐁𝐞𝐜𝐥𝐞'𝐬 𝐔𝐒 𝐋𝐢𝐬𝐭𝐢𝐧𝐠 𝐨𝐫 𝐒𝐭𝐫𝐚𝐭𝐞𝐠𝐢𝐜 𝐑𝐞𝐯𝐢𝐞𝐰 Marathon Partners Equity Management is urging Becle SAB de CV, the world's leading tequila producer, to either relocate its stock listing from Mexico to the U.S. or explore strategic options, including a sale. This move, as articulated in a letter to Becle's board, aims to address the company's perceived undervaluation since its 2017 Bolsa Mexicana de Valores listing. With the majority owned by the Beckmann family and the rest by investors including Fidelity and South-eastern Asset Management, Marathon Partners highlights the opportunity for Becle to either enhance stock liquidity or merge with a larger entity to fortify its global competitive stance. #finance #news #BecleStrategicMove Source: https://lnkd.in/gnAKTE3v

Perigeum Capital, sister company of Africa Private Equity News partner Intercontinental Trust Ltd, has steered the first three listings on the SEMX – the High-Growth Segment of the Stock Exchange of Mauritius. Perigeum Capital acted as the Mauritian transaction advisor to Africa Eats, Elite Meat Processors and Ziweto Holdings. Read more: https://lnkd.in/dSbnFsPw

Top tip for whisky investors: Know the impact of the angels’ share As whisky ages, some evaporates, reducing the quantity but enhancing the flavours and character. This natural process can boost the value of your cask over time. Understanding this helps you gauge yield and profitability, adding to the mystique of cask investment. #Whisky1901 #CaskInvestment #WhiskyInvestment #whisky #whiskylover #whiskygram #instawhisky #whiskylife #scotland #WhiskyTasting #dram #instadram #AngelsShare #WhiskyAging

Gómez-Pinzón has counselled DUWEST COLOMBIA on an asset purchase and sale agreement with Del Monte Agrosciences, for the acquisition by Duwest of 100% of the assets of Del Monte Agrosciences for the development of the agrochemical trading business. Gómez-Pinzón’s team was led by partners Natalia García Arenas (pictured left) and Mauricio Jaramillo (pictured right), with support from senior associates Daniela Romero Castellanos and Biviana Helo Villegas, associate Andrea Carolina Vargas Cendales and junior associate Jerónimo Ocampo Meléndez. Read the full article >> https://lnkd.in/dmFAWCdf #TheLatinAmericanLawyer #deals #transactions