{"success":true,"data":{"pressRelease":{"id":"116265","rtpr_id":"nGNE3XRLrg","ticker":"IVL1L","exchange":"","all_tickers":["IVL1L"],"title":"REG-INVL Fund and Tesonet to Jointly Acquire Šiaurės Licėjus Schools and Kindergartens","author":"Globe Newswire","published_at":"2026-08-12T06:30:00.045Z","article_body":"Technology Group Tesonet and one of the leading private equity funds in\nCentral and Eastern Europe, INVL Private Equity Fund II, having decided\nearlier this year to invest jointly in the private education sector, will\nacquire the Šiaurės Licėjus network of schools and kindergartens. The\ncompanies will execute the project through a joint venture Kurianti Karta.\nThis transaction aims to develop high-quality private education in Lithuania\nthat meets contemporary needs.\n\nThe transaction is expected to close by the end of 2026, subject to approval\nfrom the Lithuanian Competition Council.\n\nŠiaurės Licėjus, which launched operations more than a decade ago,\ncurrently operates two schools, three kindergartens, and a swimming pool and\nextracurricular activities center in Vilnius. Nearly one thousand students and\nkindergarteners attend the school and kindergarten facilities.\n\nThe incoming owners are committed to building a high-quality learning\necosystem.\n\n\"To achieve the highest standard of education, it is essential to create the\nbest conditions for it to flourish. This matters to us personally — this is\nour home — so we see this not merely as a business investment, but as a\ndrive to directly contribute to an environment and the opportunities that will\nnurture a free-thinking, creative, and courageous generation, and to help\nimprove and expand both quality and accessibility,\" says Eglė Eidimtaitė,\nHead of Investments at the Tesonet Group.\n\n\"The examples of many of the world's most successful countries demonstrate\nthat private investment enhances the quality of education and creates value\nfor society and investors alike. Together with the Tesonet team, we aim to\ncreate the conditions for the school and kindergarten network to grow by\ninvesting in infrastructure and continuously raising the standard of\neducation,\" says Nerijus Drobavičius, Partner at INVL Private Equity Fund II.\n\nEglė Sidorova, Head of Šiaurės Licėjus, notes that the arrival of a new\nstrategic partner represents a meaningful recognition of the organization's\njourney to date — and, at the same time, an opportunity to plan the future\nwith even greater ambition. In recent years, Šiaurės Licėjus has\nconsistently invested in growth. The school and kindergarten in Didžioji\nRiešė are already operating in a new, modern building featuring dedicated\nlearning, sports, and swimming pool facilities, and within the next year the\nCentral campus plans to relocate to entirely new school, kindergarten, and\nswimming pool premises.\n\n\"This decision is an important recognition for us, one that confirms that the\neducational system built over many years of dedicated work, the team we have\nassembled, and the trust of our community carry clear long-term value. We are\ngaining a strong partner with whom we can invest consistently in educational\nquality, the learning environment, and our educators' professional growth.\nWhat matters most to us is that students, parents, and staff experience this\nchange as an opportunity to grow, while preserving the values and educational\ndirection of Šiaurės Licėjus,\" says E. Sidorova.\n\nŠiaurės Licėjus generated EUR 8.8 million in revenue in the 2025–2026\nacademic year, and the group employs approximately 180 people. The buyer's\nfinancial advisor was Forvis Mazars, and its legal advisor was Motieka &\nAudzevičius. The seller's legal advisors were Glimstedt.\n\nAbout INVL Private Equity Fund II\nWith EUR 410 million of commitments, this is one of the leading private equity\nfunds in Central and Eastern Europe. The fund is sector-agnostic and is\nlooking to build a diversified portfolio investing in companies with the\npotential to become regional leaders in their respective industries. Equity\ntickets range between EUR 10 million and EUR 60 million, though larger tickets\nare possible with co-investors. The fund is seeking majority or significant\nminority stakes where it could drive long-term value creation. The focus is on\nbusinesses with strong potential to grow and compete amid intensifying global\ncompetition. Geographically, the fund is targeting opportunities in the Baltic\ncountries, Poland, and the broader European Union.\nThe fund is managed by INVL Asset Management, the leading Baltic alternative\nasset manager, which is a part of the Invalda INVL Group with over 30 years of\nexperience. The group’s companies manage or have under supervision EUR 2.1\nbillion in assets across a diverse range of investment strategies, including\nprivate equity, forests and agricultural land, renewable energy, real estate,\nand private debt. Additionally, the group provides family office services in\nLithuania, Latvia and Estonia, manages pension funds in Latvia, and invests in\nglobal third-party funds.\n\nAbout Tesonet\nTesonet is a business developer and investor that has helped grow two\nLithuanian unicorns: cybersecurity market leaders NordSecurity + Surfshark,\nand the internet data infrastructure group Oxylabs. Over a year ago, Tesonet\nlaunched the artificial intelligence platform nexos.ai, and companies nurtured\nwithin its ecosystem now employ more than 4,200 professionals.\nSince 2018, Tesonet has also been actively investing in a broader portfolio of\ncompanies, including Hostinger, Artea, BC Žalgiris, BC Lions Club, Cast AI,\nEneba, Turing College, Lovable, and others.\n\nAbout Šiaurės licėjus\nŠiaurės Licėjus is a private network of schools and kindergartens in\nVilnius, educating children from one year of age through 12th grade. The\nnetwork comprises schools in Vilnius city centre and Didžioji Riešė, three\nkindergartens, and a complex featuring a swimming pool and an extracurricular\nactivities centre.\nThe educational philosophy of Šiaurės Licėjus is rooted in Nordic education\nprinciples, balancing child well-being with academic achievement through\nintegrated and experiential learning as well as social and emotional\ndevelopment. The school was the first in Lithuania to implement\nphenomenon-based learning. Its Nordic approach to education is captured in the\nschool's motto: \"Happy children learn better.\"\nToday, the Šiaurės Licėjus community numbers nearly one thousand students\nand kindergarteners, supported by 180 staff members. Since the previous\nacademic year, the Didžioji Riešė school has been operating in a modern,\narchitecturally distinctive building where learning spaces are seamlessly\nintegrated with sports, swimming pool, and leisure areas. By September 2027,\nthe city centre school will also open its doors in a state-of-the-art building\ndesigned to meet not only today's educational needs but those of the future as\nwell.\n\nFurther information:\nNerijus Drobavičius, Partner at INVL Private Equity Fund II\nnerijus.drobavicius@invl.com","article_body_html":"","raw_payload":{"data":{"id":"nGNE3XRLrg","title":"REG-INVL Fund and Tesonet to Jointly Acquire Šiaurės Licėjus Schools and Kindergartens","author":"Globe Newswire","ticker":"IVL1L","created":"2026-08-12T06:30:00.045Z","tickers":["IVL1L"],"exchange":"","article_body":"Technology Group Tesonet and one of the leading private equity funds in\nCentral and Eastern Europe, INVL Private Equity Fund II, having decided\nearlier this year to invest jointly in the private education sector, will\nacquire the Šiaurės Licėjus network of schools and kindergartens. The\ncompanies will execute the project through a joint venture Kurianti Karta.\nThis transaction aims to develop high-quality private education in Lithuania\nthat meets contemporary needs.\n\nThe transaction is expected to close by the end of 2026, subject to approval\nfrom the Lithuanian Competition Council.\n\nŠiaurės Licėjus, which launched operations more than a decade ago,\ncurrently operates two schools, three kindergartens, and a swimming pool and\nextracurricular activities center in Vilnius. Nearly one thousand students and\nkindergarteners attend the school and kindergarten facilities.\n\nThe incoming owners are committed to building a high-quality learning\necosystem.\n\n\"To achieve the highest standard of education, it is essential to create the\nbest conditions for it to flourish. This matters to us personally — this is\nour home — so we see this not merely as a business investment, but as a\ndrive to directly contribute to an environment and the opportunities that will\nnurture a free-thinking, creative, and courageous generation, and to help\nimprove and expand both quality and accessibility,\" says Eglė Eidimtaitė,\nHead of Investments at the Tesonet Group.\n\n\"The examples of many of the world's most successful countries demonstrate\nthat private investment enhances the quality of education and creates value\nfor society and investors alike. Together with the Tesonet team, we aim to\ncreate the conditions for the school and kindergarten network to grow by\ninvesting in infrastructure and continuously raising the standard of\neducation,\" says Nerijus Drobavičius, Partner at INVL Private Equity Fund II.\n\nEglė Sidorova, Head of Šiaurės Licėjus, notes that the arrival of a new\nstrategic partner represents a meaningful recognition of the organization's\njourney to date — and, at the same time, an opportunity to plan the future\nwith even greater ambition. In recent years, Šiaurės Licėjus has\nconsistently invested in growth. The school and kindergarten in Didžioji\nRiešė are already operating in a new, modern building featuring dedicated\nlearning, sports, and swimming pool facilities, and within the next year the\nCentral campus plans to relocate to entirely new school, kindergarten, and\nswimming pool premises.\n\n\"This decision is an important recognition for us, one that confirms that the\neducational system built over many years of dedicated work, the team we have\nassembled, and the trust of our community carry clear long-term value. We are\ngaining a strong partner with whom we can invest consistently in educational\nquality, the learning environment, and our educators' professional growth.\nWhat matters most to us is that students, parents, and staff experience this\nchange as an opportunity to grow, while preserving the values and educational\ndirection of Šiaurės Licėjus,\" says E. Sidorova.\n\nŠiaurės Licėjus generated EUR 8.8 million in revenue in the 2025–2026\nacademic year, and the group employs approximately 180 people. The buyer's\nfinancial advisor was Forvis Mazars, and its legal advisor was Motieka &\nAudzevičius. The seller's legal advisors were Glimstedt.\n\nAbout INVL Private Equity Fund II\nWith EUR 410 million of commitments, this is one of the leading private equity\nfunds in Central and Eastern Europe. The fund is sector-agnostic and is\nlooking to build a diversified portfolio investing in companies with the\npotential to become regional leaders in their respective industries. Equity\ntickets range between EUR 10 million and EUR 60 million, though larger tickets\nare possible with co-investors. The fund is seeking majority or significant\nminority stakes where it could drive long-term value creation. The focus is on\nbusinesses with strong potential to grow and compete amid intensifying global\ncompetition. Geographically, the fund is targeting opportunities in the Baltic\ncountries, Poland, and the broader European Union.\nThe fund is managed by INVL Asset Management, the leading Baltic alternative\nasset manager, which is a part of the Invalda INVL Group with over 30 years of\nexperience. The group’s companies manage or have under supervision EUR 2.1\nbillion in assets across a diverse range of investment strategies, including\nprivate equity, forests and agricultural land, renewable energy, real estate,\nand private debt. Additionally, the group provides family office services in\nLithuania, Latvia and Estonia, manages pension funds in Latvia, and invests in\nglobal third-party funds.\n\nAbout Tesonet\nTesonet is a business developer and investor that has helped grow two\nLithuanian unicorns: cybersecurity market leaders NordSecurity + Surfshark,\nand the internet data infrastructure group Oxylabs. Over a year ago, Tesonet\nlaunched the artificial intelligence platform nexos.ai, and companies nurtured\nwithin its ecosystem now employ more than 4,200 professionals.\nSince 2018, Tesonet has also been actively investing in a broader portfolio of\ncompanies, including Hostinger, Artea, BC Žalgiris, BC Lions Club, Cast AI,\nEneba, Turing College, Lovable, and others.\n\nAbout Šiaurės licėjus\nŠiaurės Licėjus is a private network of schools and kindergartens in\nVilnius, educating children from one year of age through 12th grade. The\nnetwork comprises schools in Vilnius city centre and Didžioji Riešė, three\nkindergartens, and a complex featuring a swimming pool and an extracurricular\nactivities centre.\nThe educational philosophy of Šiaurės Licėjus is rooted in Nordic education\nprinciples, balancing child well-being with academic achievement through\nintegrated and experiential learning as well as social and emotional\ndevelopment. The school was the first in Lithuania to implement\nphenomenon-based learning. Its Nordic approach to education is captured in the\nschool's motto: \"Happy children learn better.\"\nToday, the Šiaurės Licėjus community numbers nearly one thousand students\nand kindergarteners, supported by 180 staff members. Since the previous\nacademic year, the Didžioji Riešė school has been operating in a modern,\narchitecturally distinctive building where learning spaces are seamlessly\nintegrated with sports, swimming pool, and leisure areas. By September 2027,\nthe city centre school will also open its doors in a state-of-the-art building\ndesigned to meet not only today's educational needs but those of the future as\nwell.\n\nFurther information:\nNerijus Drobavičius, Partner at INVL Private Equity Fund II\nnerijus.drobavicius@invl.com"},"type":"article","timestamp":"2026-08-12T06:30:00.137211144Z","server_sent_at_ms":1786516200137},"received_at":"2026-08-12T06:30:00.188Z","source_url":null},"analysis":{"id":"105260","press_release_id":"116265","analysis_json":{"industry":{"label":"Capital Markets","sector":"Financials"},"redFlags":["Transaction closing is subject to approval from the Lithuanian Competition Council","Deal value was not disclosed in the release"],"eventType":"m_and_a","narrative":"INVL Private Equity Fund II and Tesonet are jointly acquiring the Šiaurės Licėjus network of private schools and kindergartens via a joint venture named Kurianti Karta.\n\nThe target currently operates two schools, three kindergartens, and a sports center, serving nearly 1,000 students and generating EUR 8.8 million in revenue for the 2025–2026 academic year.\n\nThe transaction is expected to close by the end of 2026, subject to approval from the Lithuanian Competition Council.","sentiment":"bullish","agentHooks":{"shouldPost":true,"suggestedAngle":"Strategic M&A push into Baltic private education sector via joint venture."},"keyFigures":{"revenue":8800000,"customDimensions":{"employees":180,"student_count":"nearly one thousand","fund_commitments_eur":410000000,"assets_under_management_eur":2100000000}},"quotedText":"Together with the Tesonet team, we aim to create the conditions for the school and kindergarten network to grow by investing in infrastructure and continuously raising the standard of education","namedEntities":{"people":[{"name":"Eglė Eidimtaitė","role":"Head of Investments at Tesonet Group"},{"name":"Nerijus Drobavičius","role":"Partner at INVL Private Equity Fund II"},{"name":"Eglė Sidorova","role":"Head of Šiaurės Licėjus"}],"products":["nexos.ai","Surfshark"],"companies":[{"name":"INVL Private Equity Fund II","relationship":"Acquirer"},{"name":"Tesonet","relationship":"Acquirer/Partner"},{"name":"Šiaurės Licėjus","relationship":"Target"},{"name":"Kurianti Karta","relationship":"Joint Venture"},{"name":"INVL Asset Management","relationship":"Manager"},{"name":"Invalda INVL Group","relationship":"Parent Company"},{"name":"Forvis Mazars","relationship":"Financial Advisor"},{"name":"Motieka & Audzevičius","relationship":"Legal Advisor"},{"name":"Glimstedt","relationship":"Legal Advisor"},{"name":"Lithuanian Competition Council","relationship":"Regulatory Body"},{"name":"NordSecurity","relationship":"Portfolio Company"},{"name":"Surfshark","relationship":"Portfolio Company"},{"name":"Oxylabs","relationship":"Portfolio Company"},{"name":"Hostinger","relationship":"Portfolio Company"}],"dollarAmounts":[{"amount":"EUR 8.8 million","context":"Šiaurės Licėjus revenue in 2025–2026 academic year"},{"amount":"EUR 410 million","context":"INVL Private Equity Fund II commitments"},{"amount":"EUR 2.1 billion","context":"Invalda INVL Group assets under management"}]},"materialImpact":{"score":5,"reasoning":"The announcement represents a definitive M&A transaction involving the acquisition of the Šiaurės Licėjus network by the group-managed private equity fund, executed via a joint venture to expand into the private education sector."},"tickerRelevance":{"others":[],"primary":"IVL1L"},"globalImportance":15,"audienceRelevance":15,"eventTypeSecondary":["partnership"],"importanceComponents":{"dealSize":"small-mid","tickerTier":"small-cap","eventGravity":"m&a","sectorWeight":"Financials"}},"event_type":"m_and_a","event_type_secondary":["partnership"],"sentiment":"bullish","material_impact_score":5,"narrative":"INVL Private Equity Fund II and Tesonet are jointly acquiring the Šiaurės Licėjus network of private schools and kindergartens via a joint venture named Kurianti Karta.\n\nThe target currently operates two schools, three kindergartens, and a sports center, serving nearly 1,000 students and generating EUR 8.8 million in revenue for the 2025–2026 academic year.\n\nThe transaction is expected to close by the end of 2026, subject to approval from the Lithuanian Competition Council.","key_figures":{"revenue":8800000,"customDimensions":{"employees":180,"student_count":"nearly one thousand","fund_commitments_eur":410000000,"assets_under_management_eur":2100000000}},"named_entities":{"people":[{"name":"Eglė Eidimtaitė","role":"Head of Investments at Tesonet Group"},{"name":"Nerijus Drobavičius","role":"Partner at INVL Private Equity Fund II"},{"name":"Eglė Sidorova","role":"Head of Šiaurės Licėjus"}],"products":["nexos.ai","Surfshark"],"companies":[{"name":"INVL Private Equity Fund II","relationship":"Acquirer"},{"name":"Tesonet","relationship":"Acquirer/Partner"},{"name":"Šiaurės Licėjus","relationship":"Target"},{"name":"Kurianti Karta","relationship":"Joint Venture"},{"name":"INVL Asset Management","relationship":"Manager"},{"name":"Invalda INVL Group","relationship":"Parent Company"},{"name":"Forvis Mazars","relationship":"Financial Advisor"},{"name":"Motieka & Audzevičius","relationship":"Legal Advisor"},{"name":"Glimstedt","relationship":"Legal Advisor"},{"name":"Lithuanian Competition Council","relationship":"Regulatory Body"},{"name":"NordSecurity","relationship":"Portfolio Company"},{"name":"Surfshark","relationship":"Portfolio Company"},{"name":"Oxylabs","relationship":"Portfolio Company"},{"name":"Hostinger","relationship":"Portfolio Company"}],"dollarAmounts":[{"amount":"EUR 8.8 million","context":"Šiaurės Licėjus revenue in 2025–2026 academic year"},{"amount":"EUR 410 million","context":"INVL Private Equity Fund II commitments"},{"amount":"EUR 2.1 billion","context":"Invalda INVL Group assets under management"}]},"model_name":"glm-4.7","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-08-12T06:48:37.810Z","global_importance":15,"audience_relevance":15,"importance_components":{"dealSize":"small-mid","tickerTier":"small-cap","eventGravity":"m&a","sectorWeight":"Financials"}},"durationMs":232402,"modelName":"glm-4.7"}}