UMEGA | Raising share capital for a strategic acquisition
In 2015, Umega AB sought to acquire a metalworking company in Germany. The acquisition would have provided Umega group with additional sales channels in Western Europe and strengthened the group’s production capacity. Umega lacked share capital to finance the transaction.
Orion role in this project
Orion raised 2.5 m EUR by distributing a 22% of the company’s shares:
― Orion attracted 5 financial investors and coordinated the 2 months negotiation of investment terms and conditions;
―The financial investors agreed to invest in the shares of minority shareholders subject to the minimum additional shareholder interest conditions set out in the shareholders’ agreement;
― 2.5 m EUR raised share capital together with bank funds enabled the acquisition of the target, which increased the group’s revenue by 2.3 times (+ EUR 30 million) and secured long-term business development opportunities.
| Project type | Organising issue of shares |
| Client | UMEGA, UAB |
| Project value | 2,5 m EUR |
| Orion role | Sell side |
| Project year | 2016 |
Orion Securities – Member of Pandea Global M&A network
This international advisory network gives Orion team an exclusive access to foreign buyers and investors, allowing our clients based in Lithuania to access a larger number of acquisitions in new geographies. In addition to that our cooperation gives clients the opportunity to consult with Pandea consultants, who can help and advise our clients on issues of business development abroad.
