INVL Private Equity Fund II, one of Central and Eastern Europe’s leading private equity funds, has partnered with Kurianti karta – a company founded by the technology group Tesonet – which, following authorisation from the Competition Council, will assess opportunities to invest in and develop Lithuania’s private education sector.
Both partners intend to jointly analyse the private educational institutions market and make decisions regarding potential acquisitions.
“We believe that our experience in growing organisations and Tesonet’s technological expertise will contribute to improving the quality and advancement of education, as well as fostering the integration of technology and innovation in the teaching process. Our specific steps and any future projects considered or implemented will depend on the needs and readiness of educational institutions to cooperate. New ideas and initiatives often inspire everyone to set higher standards,” says Nerijus Drobavičius, Partner at INVL Private Equity Fund II.
In Western countries, investments in education are a common practice among private equity funds, driven by the increasing demand for high-quality services. At the same time, the sector is characterised by sustainable growth and long-term value creation potential.
“We value the INVL Private Equity Fund II team – they are the strongest potential partner in the region, with extensive experience managing ambitious, long-term national projects. We also see numerous synergies grounded in shared values. Naturally, by combining our competencies, we will be able to act faster and more effectively,” says Eglė Eidimtaitė, Head of Investments at Tesonet.
The partners will issue separate announcements regarding specific projects in the private education sector, should such agreements be made.
About the INVL Private Equity Fund II
With EUR 410 million of commitments, this is one of the leading private equity fund in Central and Eastern Europe. The fund is sector-agnostic and is looking to build a diversified portfolio investing in companies with the potential to become regional leaders in their respective industries. Equity tickets range between EUR 10 million and EUR 60 million, though larger tickets are possible with co-investors. The fund is seeking majority or significant minority stakes where it could drive long-term value creation. The focus is on businesses with strong potential to grow and compete amid intensifying global competition. Geographically, the fund is targeting opportunities in the Baltic countries, Poland, and the broader Europe Union.
The fund is managed by INVL Asset Management, the leading Baltic alternative asset manager, which is a part of the Invalda INVL Group with over 30 years of experience. The group’s companies more than EUR 2 billion in assets under management or supervision across various investment strategies, including private equity, forests and agricultural land, renewable energy, real estate, and private debt. Additionally, the group provides family office services in Lithuania, Latvia and Estonia, manages pension funds in Latvia, and invests in global third-party funds.
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