Debifo / Factris merger

23/1/2019

Merger

Status:

Announced

Date:

23/1/2019

Overview:

Lithuanian alternative lender Debifo and Dutch factoring company Factris have agreed to merge and will operate as Factris.
Debifo is a leading working capital provider in Lithuania and had a 35% market share in the alternative lending space.
The acquisition was financed by Speedinvest and Optima Investments.

Jurisdiction:

Lithuania

Deal type:

Merger

Practice area:

M&A

Governing law:

Lithuania

Industry sector:

Financial services

Firms:

Cobalt

Party: Debifo (Merger party)

Lawyer: Juozas Rimas

TGS Baltic

Party: Factris (Merger party)

Lawyer: Dalia Tamašauskaitė-Žilienė

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