Sorainen has advised Barclays Group Operations Lithuania on the transfer of the Rise Vilnius startup hub to Swedbank.
Since its establishment in the summer of 2016, the Rise Vilnius hub has been assisting startups and organizing hackathons, creativity workshops, and other events. The startup hub has 64 members and covers 34 companies.
The Sorainen team consisted of Partner Laimonas Skibarka and Senior Associates Vytautas Sabalys, Jonas Kiauleikis, and Gerda Skirbutiene.
Sorainen informed CEE Legal Matters that it cannot provide any additional information about the deal.