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

Sorainen
44A Gedimino Ave
LT-01110 Vilnius
Lithuania

Work Department

Corporate and M&A

Position

Partner, head of the firm’s Corporate and M&A team in Lithuania

Career

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

Advising major M&A projects in the Baltics. While helping clients to carry out dozens of M&A transactions, Sergej has learnt that M&A is not about winning or losing “negotiating battles” – it is about the art of achieving compromises. Sorainen Corporate and M&A 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. Sergej’s 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. His 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. Sergej is 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. Sorainen Corporate and M&A 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

Sorainen’s forte is in handling large cross-border transactions, with a recent workload including pan-Batlic instructions as well as matters also involving the US and other EU countries. M&A specialist Sergej Butov oversees the team and has a particular interest in the energy and life sciences sectors. Fellow M&A expert and managing partner Laimonas Skibarka is another key name and focuses predominantly on the TMT sector. As well as M&A transactions, the team is also notably adept in private equity and venture capital, where Mantas Petkevičius is a key name of note. The team is also highly skilled in corporate governance work, largely owing to the expertise of Algirdas Pekšys. Senior associate Mindaugas Dominykas Baniulis, who has a particular interest in the TMT sector, is another key figure. Evaldas Dūdonis was promoted to the partnership in January 2022.

Lithuania > Projects and energy

Sorainen is prominent in projects spanning a number of areas, such as energy, utilities, infrastructure, telecoms and transport. The team’s work in the energy sector has included advising on major wind and solar energy projects. On the transport side, it has notably been involved in the Rail Baltica project. The practice is led by corporate partner Sergej Butov and Asta Augutytė-Rapkevičienė, whose background is in real estate and construction.