Akvilė Bosaitė

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Akvilė
Bosaitė

Partner / Lithuania

akvile.bosaite@cobalt.legal

+370 698 06964

+370 5250 0800

about

Akvilė Bosaitė is a Partner and Co-Head of the Banking and Finance Practice Group. She has specialised in banking, finance, investment funds, project financing, restructuring of financing, securities and M&A for over fourteen years. Akvilė Bosaitė is a recommended expert in finance law by international law firm directories. She holds a Master’s degree in Law from Vilnius University and an LL.M. from Erasmus University, Rotterdam (The Netherlands).

During her legal practice, Akvilė Bosaitė has led a number of the largest financing, investment funds, capital markets and mergers and acquisitions projects both in Lithuania and foreign jurisdictions. She acted as an adviser in numerous banking-related assignments (including lending, refinancing and loan portfolio sale), one of the few initial public offerings of equity and debt securities in Lithuania, structuring and formation of various funds (including venture, seed and UCITS) and other finance law related projects.

practice

recognition

Banking and finance - Band 2, Chambers Europe 2023
Fintech legal - Band 2, Chambers Fintech 2022
Banking - Market leader, IFLR1000 2022
M&A - Market leader, IFLR1000 2022
Banking and finance - Leading individuals, Legal500 2022

Languages

Lithuanian, English, Russian

Membership & education

Member of the Lithuanian Bar (since 2009)
Erasmus University Rotterdam, the Netherlands, Postgraduate LLM in Business, Corporate and Maritime Law (specialisation Corporate Law) (2008)
PhD studies at the Faculty of Law, Vilnius University (2004-to date)
Faculty of Law, Vilnius University, Master’s degree in Law (2004)
European and Comparative Law studies at University of Gent, Belgium (2003)

Publications

experience

2021 — 10 — 05

COBALT advised Practica Capital on investing in a Lithuanian SolarTech PVcase

2021 — 09 — 02

COBALT advised Netrisk Group on acquiring an insurance services aggregator Edrauda

2021 — 08 — 25

COBALT advised Change Ventures on investing in a Lithuanian edtech Memby

2021 — 06 — 18

COBALT advised Noviti finance on attracting EUR 700 000 investment

2021 — 05 — 25

COBALT is advising Interactio on attracting the largest Series A round investment in Lithuania

2021 — 03 — 29

COBALT advised Aviva on the sale of its shareholding in Aviva Poland and Lithuania to Allianz

2021 — 03 — 10

COBALT advised a US-based “buy now, pay later” unicorn Sezzle on acquiring an EMI licence in Lithuania

2021 — 03 — 10

COBALT advised a US-based “buy now, pay later” unicorn Sezzle on acquiring an EMI licence in Lithuania

2021 — 03 — 03

COBALT advised Genesis on its strategic alliance with Heston Aviation to create Heston Airlines

2020 — 12 — 22

COBALT advised Practica Capital on investing in a start-up Eneba

2020 — 12 — 14

COBALT advised Practica Capital on investing in a start-up RRR.lt

2020 — 12 — 09

COBALT advised CoInvest Capital on investing in a teachers learning start-up Teachers Lead Tech

2020 — 12 — 01

Advised a licensed payment institution Kevin EU, UAB on the raised €1.5M seed funding from a number of European business angels from the finance and insurance sectors

2020 — 10 — 27

COBALT advised on the sale of UAB TVC Solutions shares to the Broadcast Solutions Group

2020 — 10 — 15

COBALT advised Practica Capital on completing the €28.5M fundraising

2019 — 02 — 18

COBALT advised ValorPay UAB on obtaining a payment institution licence

2018 — 06 — 29

COBALT advised KEVIN EU, UAB in obtaining a licence of a payment institution

2018 — 05 — 31

COBALT advised Morgan Stanley in connection with the financing of the acquisition and takeover bid of Olympic Entertainment Group shares

2018 — 05 — 10

COBALT advised Wallter, UAB in obtaining a licence of an electronic money institution

2018 — 03 — 15

COBALT advised Practica funds on the sale of their shareholding in UAB NanoAvionika to AST&Science

2018 — 01 — 15

COBALT is advising Agrosfera UAB on the sale of a shareholding in UAB ICOR

2017 — 12 — 19

COBALT advised UAB GlobalNetint in obtaining a licence of an electronic money institution

2017 — 10 — 20

COBALT advises managers of the Baltic entities of pharmaceutical wholesale company Oriola in management buy-out

2017 — 05 — 25

COBALT represented a syndicate of banks in granting Telia Lietuva a syndicated loan of EUR 60 million

2017 — 05 — 15

COBALT advised Mobilūs mokėjimai in obtaining a licence of an electronic money institution

2017 — 05 — 02

COBALT represented East West Agro in its preparations for an IPO

2016 — 11 — 17

COBALT advised Practica Capital on its investment in Rubedo sistemos

2016 — 10 — 05

COBALT advised UAB Bitė Lietuva in obtaining a licence of an electronic money institution

2016 — 05 — 25

COBALT advised 4finance Group on issue of EUR 100 million corporate bonds

2015 — 05 — 15

COBALT advised Practica Capital on its investment to TRAFI

2015 — 03 — 23

COBALT acted for AB Bobutės paskola in admission of its bonds to trading on First North market

2014 — 12 — 03

COBALT advised AB Invalda LT on the acquisition of Finasta Group

2014 — 05 — 27

COBALT advised UAB EPSO-G on the acquisition of shares in AB Amber Grid from E.ON Ruhrgas International

2014 — 05 — 19

COBALT advised UAB Ūkio Banko Investicinė Grupė bankruptcy administrator on the sale of Hearts Football Club

2014 — 01 — 02

COBALT advised Practica Capital on its investments in Cheap Data Communications

2013 — 12 — 20

COBALT advised Practica Capital on its first investments under the JEREMIE initiative

2013 — 12 — 15

COBALT advised Practica Capital on the establishment of business accelerator Startup.lt

2013 — 10 — 28

COBALT advised UAB Martesa on the acquisition of 100% shares in UAB PONTEM

2013 — 05 — 15

COBALT led an unprecedented transfer of good bank assets to a major Lithuanian bank

2013 — 01 — 16

COBALT advised LKAB Klaipėdos Smeltė in relation to EUR 65 million credit facilities

2013 — 01 — 14

COBALT advised AB Linas Agro Group on the acquisition of Jungtinė ekspedicija

2012 — 08 — 09

COBALT advised AB Linas agro group on the acquisition of the remaining shareholding in UAB Dotnuvos projektai

2012 — 07 — 27

COBALT contributed to the establishment of two Practica Capital funds

2012 — 06 — 07

COBALT contributed to the establishment of the real estate fund Lords LB Baltic Fund III

2012 — 03 — 28

COBALT contributed to the establishment of the umbrella hedge fund ORION PORTFOLIO FUND

"Akvilė Bosaitė has received widespread recognition from market sources for her efficiency and availability. She has extensive experience in transactional and regulatory issues, and also advises clients on venture capital matters."

Chambers Europe 2019

"Led by Akvilė Bosaitė, the Banking & Finance team excels in the full scope of banking matters, including handling high-profile banking industry transactions and litigation."

Legal 500, 2019

"Banking team head Akvilė Bosaitė is a well-respected name on the market. "I think highly of her," one source says, adding: "She is smart and organised."

Chambers Europe 2016, Banking and finance

"Akvilė Bosaitė is excellent; very smart, efficient and proactive."

IFRL1000 2016