Go to deals
Private Equity | Logistics

Management has acquired NNL LT from LitCapital

The management team, through an SPV, has acquired NNL LT, UAB.

The management team, who already owned 51% of NNL LT, UAB, has acquired the remaining 49% from LitCapital and a small minority shareholder, sponsored by Orion Private Equity fund.

NNL is an independent temperature-controlled logistics and warehousing company operating in Lithuania and Latvia. It also handles international forwarding operations through its Litcargo subsidiary. NNL distributes refrigerated and frozen products to large Lithuanian and Latvian grocery chains, gas stations, convenience stores and restaurants.

LitCapital is an independent private equity fund management company based in Lithuania. It was founded in 2010 and is currently managing two growth capital funds.

Oaklins’ team in Lithuania acted as buy-side advisor to the management team. This also included raising and structuring financing for the transaction.

Parties

Talk to the deal team

 Marius  Binkevičius

Marius Binkevičius

Partner
Vilnius, Lithuania
Oaklins Baltics

Related deals

Maître Pierre has been acquired by Compagnie des Pâtissiers
Private Equity | Food & Beverage

Maître Pierre has been acquired by Compagnie des Pâtissiers

The shareholders of Maître Pierre have sold the company to Compagnie des Pâtissiers. With this transaction, the combined group reinforces its market position in snacking and future growth potential with supermarkets, bakery chains and wholesalers.

Learn more
Industrie Polieco - M.P.B. has sold a minority stake to RedFish Longterm Capital
Private Equity | Energy | Industrial Machinery & Components | Other Industries

Industrie Polieco - M.P.B. has sold a minority stake to RedFish Longterm Capital

T.P. Holding Srl, the company controlled by the Tonelli family, has sold Industrie Polieco - M.P.B. SpA to RedFish Longterm Capital SpA.

Learn more
HC Partners has successfully raised debt financing for the acquisition of AQ Group
Private Equity | Business Support Services

HC Partners has successfully raised debt financing for the acquisition of AQ Group

HC Partners, a Netherlands-based private equity firm, has raised debt financing for its acquisition of the HVAC installation business AQ Group. The financing was provided by ING and Aegon Asset Management. The tailored debt package provides the necessary flexibility in accordance with HC Partners’ vision and AQ Group’s foreseen growth trajectory.

Learn more