Averus has advised American fund X5 TG Acquisition Co on its acquisition of a Lithuanian IT company.
According to Averus, the deal was valued at up to EUR 1 million.
The necessary steps included “obtaining approval from National Security Commission, ensuring the deal is in line with all national safety requirements,” X5 TG Acquisition Co CEO James Crennan commented.
The Averus team included Managing Partner Laura Cereskaite-Kinciuviene and Associate Partner Lina Taletaviciute-Misiuniene.
Averus did not respond to our inquiry on the matter.