WIDEN advised the management of Credit Union Saulėgrąža on a EUR 21.8 million investment by Enterprise Investors Fund IX

July 9, 2026

WIDEN advised the management of Credit Union Saulėgrąža on a EUR 21.8 million investment by Polish private equity fund Enterprise Investors Fund IX. After the transaction, the fund will hold 81.5% of the shares in Saulėgrąža. The transaction remains subject to approval by the Lithuanian Competition Council.

In 2025, Saulėgrąža held approximately 70 million euros in assets, and its loan portfolio amounted to 62 million euros. Saulėgrąža, which has operated since 2012 and provides financial services mainly in the Vilnius region, is seeking a bank license. The new capital is expected to support its transformation into a licensed bank providing financial services throughout Lithuania, as well as in Latvia, Estonia and Poland.

Enterprise Investors Fund IX is part of Enterprise Investors, one of the largest private equity firms in Central and Eastern Europe. The fund has EUR 340 million under management and invests in fast-growing sectors, including financial services, technology, healthcare, consumer goods, retail and manufacturing. This is Enterprise Investors’ second investment in Lithuania.

WIDEN team in Lithuania advised the management of credit union Saulėgrąža on all legal aspects of the transaction, including due diligence, negotiations, and transaction documents. The WIDEN team was led by Partners Aušra Brazauskienė and Lina Šikšniutė-Vaitiekūnienė, together with Associate Partner Monika Misiūnienė and Managing Associate Haroldas Kupstas.

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