FlyCap and the founder have sold Bio2You to INVL Baltic Sea Growth Fund
February 2022 — 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.
Our role in the transaction
Oaklins’ team in Latvia advised the sellers through all stages of this transaction.
Contáctese con el equipo de la transacción
Transacciones relacionadas
AcadeMedia has acquired Dutch childcare group Kindernet
AcadeMedia, a publicly listed Sweden-based education company, has acquired Kindernet, a Netherlands-based childcare provider with 40 preschool and after-school care locations. The partnership supports Kindernet’s next phase of growth and represents an important step in AcadeMedia’s expansion strategy in the Netherlands. The acquisition provides AcadeMedia with a strong platform in the eastern Netherlands and complements its existing portfolio of daycare centers across the country. It also creates a strong foundation for further expansion through both greenfield initiatives and complementary strategic acquisitions.
Aprenda másDan Group Alarm Syd has been sold to Varna Security
Dan Group Alarm Syd, a leading provider of subscription-based security solutions, has been acquired by Varna Security, a newly formed security platform backed by Triton Partners. Through the transaction, Dan Group Alarm Syd enters into a new partnership with Triton Partners, positioning the company for its next phase of growth. As part of Varna Security, Dan Group Alarm Syd will continue to operate independently, retaining its entrepreneurial culture and close customer relationships, while gaining access to capital, resources and strategic support to accelerate expansion.
Aprenda másLivlande Agro has been acquired by Merito Partners
Merito Partners has acquired a controlling stake in Gaižēni SIA, one of Latvia’s leading pig farming companies operating under the Līvlande Agro brand, from NCH Capital and other shareholders. The company’s founder and management team will remain actively involved in the business, supporting its continued growth and development.
Aprenda más