` Akvilė Bosaitė | COBALT

Akvilė Bosaitė

Partner / Lithuania

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, The Legal 500 2022
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Languages

  • Lithuanian, English, Russian

Membership & education

  • Member of the Lithuanian Bar Association (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)
    Experience

    A Lithuanian medical technology start-up Ligence has secured a EUR 3 million investment

    Ovoko attracts EUR 20 million investment

    Practica Venture Capital KŪB successfully exited its investment in MedDream

    Aquila Clean Energy secures EUR 125 million green Loan for development of Windfarm Akmenė Two

    Practica Capital and Market One Capital have invested EUR 2 million in Eany.io

    Raft Capital Baltic Equity Fund raises EUR 50 million in investments

    Practica Capital finishes a EUR 1 million pre-seed funding round into CTO2B

    Business angels and Firstpick invests €1M in Softloans

    Viola Credit provides €100m debt facility to B2B BNPL fintech Hokodo

    Practica Capital and Impellent Ventures invest in the startup Evergrowth

    Practica Capital announced the final closing of its largest fund to date at an €80 million hard cap

    Practica Capital and EIC fund start a partnership with Sentante

    Venture capital firm Highland Europe invested in PVcase

    Practica Capital has invested in Amlyze: a modern innovation in money laundering prevention

    COBALT advised Practica Capital on the realisation of their investment in UAB Upa MCT

    COBALT advised kevin. on attraction of $65m investment

    COBALT advised TT Express UAB on its acquisition of an Electronic Money Institution licence in Lithuania

    COBALT advised Practica Capital on its investment in a Swedish start-up Favro

    COBALT assisted Aviva in the successful closing of the sale of Aviva Poland and Lithuania to Allianz

    COBALT supports start-ups and contributes to a free legal document platform

    COBALT advised kevin. on attraction of $10m investment

    COBALT advised Practica Capital on investing in a Lithuanian start-up Billo

    COBALT advised Practica Capital on investing in a European pharmaceutical marketplace Pipelinepharma

    COBALT advised Practica Capital on investing in a Lithuanian SolarTech PVcase

    COBALT advised Netrisk Group on acquiring an insurance services aggregator Edrauda

    COBALT advised Change Ventures on investing in a Lithuanian edtech Memby

    COBALT advised Noviti finance on attracting EUR 700 000 investment

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

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

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

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

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

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

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

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

    COBALT advised Practica Capital on completing the €28.5M fundraising

    COBALT advised ValorPay UAB on obtaining a payment institution licence

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

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

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

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

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

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

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

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

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

    COBALT represented East West Agro in its preparations for an IPO

    COBALT advised Practica Capital on its investment in Rubedo sistemos

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

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

    COBALT advised Practica Capital on its investment to TRAFI

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

    COBALT advised AB Invalda LT on the acquisition of Finasta Group

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

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

    COBALT advised Practica Capital on its investments in Cheap Data Communications

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

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

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

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

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

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

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

    COBALT contributed to the establishment of two Practica Capital funds

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

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

    We are driven by your recognition

    “Akvile has a very effective strategy in negotiations, she helps us to move forwards in difficult matters.”
    Chambers Europe 2024, Banking & Finance
    “Her ability to mediate and stay loyal to the client is a strength.”
    Chambers Europe 2024, Banking & Finance
    “Akvilė often advises clients on obtaining electronic money institution licences, as well as other financial services regulatory matters, M&A transactions and capital markets work.”
    Chambers FinTech Guide 2024
    "What makes her stand out is their availability and promptness of responses. We worked on a deal which in a few cases required feedback on hourly bases and we were never let down."
    The Legal 500 2023, Banking, Finance and Capital Markets
    "Akvilė Bosaitė is a true leader."
    Chambers Europe 2023, Banking & Finance
    "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."
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