Representing the seller in sale of controlling stake of insurance brokerage firm SAGAUTA

Our team consulted and represented a seller (natural person) in sale of majority shareholding in the second largest Lithuanian insurance brokerage firm SAGAUTA.

The controlling stake in SAGAUTA was acquired by Austrian-based insurance broker GrECo which has already been present in Lithuania with one office in Vilnius since 2008. The transaction allows GrECo to significantly expand its operations in Lithuania as well as provides the target company with additional expertise as well as further growth opportunities.