Vertikali Medija has been acquired by LitCapital
Kemplake SA, a private holding based in the Netherlands, has sold Vertikali Medija UAB to Sena LT, a classified holding funded by LitCapital.
Vertikali Medija is the second largest player in the online classified industry in Lithuania. The company operates two platforms, one for cars (autogidas.lt) and one for properties (domoplius.lt). These are primarily B2C listings for customers selling cars and properties.
LitCapital is a private equity fund focused on investments in Lithuania. Founded in 2010, LitCapital is a leading dedicated growth capital investor that invests in the development and growth phases of technologically enabled and advanced companies. The firm supports entrepreneurs and management teams with not only financial resources, but also expertise and strategic guidance in areas such as top talent attraction, strategy and business model development, finance, sales and add-on acquisitions.
Oaklins’ team in Lithuania acted as advisor to the seller in this transaction.
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