Algoritmu sistemos, UAB has been acquired by INVL Technology
The private shareholders of Algoritmu sistemos, UAB have sold the company to Inventio, a subsidiary of INVL Technology.
Algoritmu sistemos develops high quality, effective and reliable information systems and business processes facilitating programs for large and medium-sized public organizations and enterprises. The company offers solutions in the e-governance, e-health, finance, social security, environmental protection and education areas.
INVL Technology is a closed-end investment company which invests in IT businesses. It is listed on the Nasdaq Vilnius exchange (INC1L).
The company was established in early 2015 through the merger of the asset management and IT business companies INVL Technology AB and BAIP Group AB.
Oaklins' team in Lithuania advised the seller in this transaction.
Talk to the deal team
Related deals
TEAM Safety Services Limited has been acquired by Vadella Group
TEAM Safety Services Limited, a leading UK-based health, safety and fire safety consultancy, has been acquired by Vadella Group, a specialist provider of inspection-led compliance services for the built environment.
Learn moreNiscon Inc. has been acquired by SGPS ShowRig
Niscon Inc. has been successfully acquired by SGPS ShowRig, a global provider of staging, rigging and automation for live entertainment. The acquisition reinforces SGPS Showrig’s commitment to pushing the boundaries of innovation in the entertainment industry. By adding Niscon’s unique motion-control technology to its portfolio, SGPS Showrig strengthens its ability to deliver cutting-edge, precision-driven solutions.
Learn moreBrand Group has acquired The Natoon Group
The Natoon Group has been acquired by Brand Group. This acquisition represents a significant strategic move that will help establish new, robust and stable growth channels. The transaction is intended to expand Brand Group’s revenues through service companies with recurring and predictable income streams supported by long-term contracts. As part of the agreement, Natoon’s senior management will continue to lead the company’s growth.
Learn more