
Noted for its strong command of the local regulatory framework, the fintech practice at Cobalt handles a wide array of licensing and M&A matters in the banking and finance sector. Led by Akvilė Bosaitė, who is lauded for her expertise in niche practices including advising on one of the first public offerings of equity and debt securities in Lithuania, the team services clients in venture capital, asset management, financial services and private equity. Other leading partners include Eva Suduiko and Irmantas Norkus, who bring extensive experience in international financing and M&A transactions.
Legal 500 Editorial commentary
Testimonials
Collated independently by Legal 500 research team.
- ‘Cobalt's team is at the forefront of fintech practice in Lithuania. They are good at getting deals done rather than getting buried in the details.’
- 'I would recommend Akvilė Bosaitė.'
- ‘They listen to client issues and address them in the most appropriate way while exercising in-depth knowledge of the local regulatory and legal framework.’
Key clients
- Alter Domus
- Prosperus Asset Management
- Corpay
- Existing and new investors of Alter Domus (From Alter Domus, Permira, and Cinven)
- Alpha Asset Management
- Groa Capital UAB
- B2 Impact UAB
- Raft Capital Baltic Equity Fund
- Korelya Capital
Work highlights
Advised on the Lithuanian legal aspects of Cinven’s EUR 4.9 billion acquisition of a majority stake in Alter Domus from Permira.
Advised Prosperus Asset Management UAB on obtaining an alternative investment fund manager licence from the Bank of Lithuania.
Advised Raft Capital Baltic Equity Fund on the establishment and closing of its EUR 50 million fund, licensed by the Bank of Lithuania.
Lawyers
Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.

Practice head
Akvilė Bosaitė; Eva Suduiko
Other key lawyers
Irmantas Norkus
