KPMG Law advised in the acquisition of controlling block of shares from a major shareholder of Autokurtas UAB. The transaction was structured as a management buy-out (MBO) combined with attracting of a new major investor.
The assistance by KPMG Law comprised the limited legal due diligence, transaction structuring and advice regarding the letter of intent and the sale-purchase agreement, assistance in securing the bank financing, as well as advice regarding the shareholders agreement and related management stock option schemes. KPMG Law team has been led by the Law Firm Partner Gediminas Lisauskas.
Autokurtas UAB provides trucks technical support and repair services in Lithuania over 20 years, and form 2019 it is also an authorized distributor and representative of FORD TRUCKS in Lithuania.
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