FlyCap and the founder have sold Bio2You to INVL Baltic Sea Growth Fund
Latvia-based growth capital fund FlyCap has sold its 39% stake in Bio2You to INVL Baltic Sea Growth Fund. The remaining 61% of the shares was sold by the founder and CEO of the company. As a result of this transaction, INVL Baltic Sea Growth Fund now controls 100% of Bio2You.
Bio2You is a cosmetics manufacturer based in Latvia. The company offers private label and contract manufacturing services, as well as selling products under their own brand. It produces skin, body, hair and oral care products, and other bath and shower items (bath salts and bath bombs), as well as their own soap base. The brand has a particular focus on anti-aging products.
INVL Baltic Sea Growth Fund is a closed-end investment fund intended for professional investors and is one of the largest private equity investment funds in the Baltic region. It is focused on growth capital, buy-out, and buy-and-build investments.
Oaklins’ team in Latvia advised the sellers through all stages of this transaction.
Contacter l'équipe de la transaction
Reinholds R Razums
Oaklins Baltics
Transactions connexes
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.
En apprendre plusSunrise Eggs has been acquired by Agrova International
Sunrise Eggs, one of the UK’s best-established independent egg producers and distributors, has joined Agrova International AS, a European poultry and agri-foods group.
En apprendre plusBrand 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.
En apprendre plus