Mr Sergej Butov > Sorainen > Vilnius, Lithuania > Lawyer Profile

Sorainen
44A Gedimino Ave
LT-01110 Vilnius
Lithuania

Work Department

Corporate and M&A

Position

As head of the firm’s Corporate and M&A team in Lithuania, I enjoy working with a bright, energetic and dynamic team consisting of the field’s leading experts. I have been passionate about assisting clients in the M&A and corporate field since the very beginning of my career nearly 20 years ago. I believe that good M&A and corporate advice always requires innovative solutions and unconventional thinking, which is what makes this field so fascinating.

Career

Advising major M&A projects in the Baltics. While helping clients to carry out dozens of M&A transactions, I have learnt that M&A is not about winning or losing “negotiating battles” – it is about the art of achieving compromises. Our team has been involved in landmark M&A transactions in the Baltics. These included PZU’s acquisition of RSA Baltic’s business (total transaction value approx EUR 270 million); Partners Group’s acquisition of a real estate portfolio in all three Baltic States and Poland from the BPT Optima real estate fund (total transaction value EUR 163 million); Oriola’s divestment of its Baltic business to Oribalt Group, controlled by the management of Oriola Baltic subsidiaries; PZU’s sale of a majority stake in its Lithuanian subsidiary to Gjensidige Forskiring (transaction value approx EUR 66 million); and numerous others.

Elegant corporate solutions. My particular interest lies in complex corporate matters that require tailoring solutions that would work flawlessly in practice, in line with applicable law, and would perfectly resolve issues which the client is facing. My corporate work highlights include assisting FREOR in attracting private equity investment from Mezzanine Management and Livonia Partners, plus adjusting the corporate governance structure of FREOR to balance the interests of the parties; advising Olympic Entertainment Group on structuring and implementing a highly complex merger of two regulated businesses in Lithuania; and many other projects.

Power of good project management. I am a true believer that there can never be too much good project management, which creates additional value by structuring the process, thus saving time, energy and money. Our team is always happy to take over this task and remove the hassle from the client’s shoulders.

Languages

Lithuanian, English, Russian

Memberships

  • Lithuanian Bar Association
  • Lithuanian Young Bar Association
  • Candidate–Observer of the Board of the American Chamber of Commerce in Lithuania

Education

  • Vilnius University, Lithuania (Dr of Social Sciences, Law, to be obtained)
  • Baltic Management Institute, Lithuania (Executive MBA)
  • Erasmus University Rotterdam, The Netherlands (Postgraduate LLM in Business, Corporate and Maritime Law (specialisation Corporate Law), cum laude)
  • The College of Law of England and Wales, UK (International Practice Diploma Programme in International Mergers and Acquisitions)
  • The College of Law of England and Wales, UK (International Practice Diploma Programme in International Business Organisations)
  • Vilnius University, Lithuania (MA in Law)

Lawyer Rankings

Lithuania > Commercial, corporate and M&A

(Leading individuals)

Sergej ButovSorainen

With one client commending their ‘top-notch service’, Sorainen handles high-value deals including M&A as well as shareholder relations, investments, and corporate structuring. Also noted is the private equity and venture capital group that is well-placed to advise foreign investors on Lithuanian market entry. Mantas Petkevičius leads this part of the team, while Sergej Butov, a highly experienced M&A and energy lawyer, oversees the broader practice as a whole. Laimonas Skibarka, the firm’s managing partner, also assists on M&A, foreign investments, and TMT matters. Other key names include Evaldas Dūdonis  and Jonas Kiauleikis , the last of which also co-heads the firm’s TMT area, as well as Mindaugas Dominykas Baniulis .

Lithuania > Projects and energy

Sorainen‘s energy and infrastructure team is well known for handling high-profile M&A deals, PPPs, transactions and financing matters within the renewable energy space. On the energy side of the practice, onshore wind projects are a key area of instruction, while on the infrastructure side, the group has been kept busy advising on prominent, design-related construction and rail development projects. Cross-border matters are another key driver of work for the team, which has a solid track record in assisting European and other international investors with entering into the Lithuanian energy market. Corporate and energy lawyer Sergej Butov and real estate, construction and environmental law expert Asta Augutytė-Rapkevičienė co-head the practice. Counsel Andrius Šimkus brings expertise in energy law, while Paulius Murauskas handles public procurement projects.