Investment Summary

LitCapital Asset Management UAB Invests In Elinta Charge

On July 14, 2022, growth capital firm LitCapital Asset Management UAB invested in electrical equipment company Elinta Charge

Investment Highlights
  • This is LitCapital Asset Management UAB’s 2nd transaction in the Electrical Equipment sector.
  • This is LitCapital Asset Management UAB’s 7th transaction in Lithuania.

Investment Summary

Date 2022-07-14
Target Elinta Charge
Sector Electrical Equipment
Investor(s) LitCapital Asset Management UAB
Deal Type Growth Capital

Target

Elinta Charge

Kaunas, Lithuania
Elinta Charge designs and manufactures electric vehicle charging ecosystems, including chargers, associated software and EMSP services (enabling customers to charge money for charging via Elinta Charge mobile app/back-end). The company specialises in the design and assembly of AC type chargers and the resale and installation of DC chargers. Elinta Charge was founded in 2018 and is based in Kaunas, Lithuania.

Search 214,238 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Investor(S) 1

Investor
DESCRIPTION

LitCapital Asset Management is a growth capital and venture investor focused on opportunities in Lithuania. The Firm looks to commit €1 to €3 million per transaction to support and accelerate growth for small to mid-sized companies in a variety of sectors. LitCapital Asset Management was formed in 2010 and is headquartered in Vilnius.


DEAL STATS #
Overall 9 of 11
Sector: Electrical Equipment M&A 2 of 2
Type: Growth Capital M&A Deals 6 of 8
Country: Lithuania M&A 7 of 9
Year: 2022 M&A 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-10-27 Ondato

London, United Kingdom

Ondato is a provider of KYC/AML compliance management technology for financial institutions. While there are many solutions addressing individual points of pain across the AML/KYC compliance management process on the market, Ondato excels vis-à-vis competitors by providing a complete compliance management suite as a standalone platform, which ultimately saves time and money. Ondato is based in London, United Kingdom.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-08-18 Sena lt

Vilnius, Lithuania

Sena lt is managing a platform for second-hand books where registered users can post free of charge ads of the used books, they wish to sale, trade, or just give away. Sena lt is based in Vilnius, Lithuania.

Buy -