INVL Fund, Tesonet form joint venture to acquire Šiaurės Licėjus schools and kindergartens
Reuters2026/08/12 06:30Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Invalda Invl AB’s INVL Private Equity Fund II formed a joint venture with Tesonet to acquire the Šiaurės Licėjus education network.
- Deal targets Lithuania’s private education sector; closing expected by end-2026, pending Lithuanian Competition Council clearance.
- Šiaurės Licėjus operates schools and kindergartens in Vilnius; nearly 1,000 students enrolled across the network.
- Business generated EUR 8.8 million revenue in the 2025-2026 academic year; employs about 180 people.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Invalda Invl AB published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608120230OMX_____CNEWS_EN_GNW1001257181_en) on August 12, 2026, and is solely responsible for the information contained therein.
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