We would like to congratulate Mid Europa Partners on their recent acquisition of UAB Pigu and agreement to combine with Hobby Hall Group OÜ. The combination will result in the creation of the leading e-commerce and online marketplace platform operating across Lithuania, Latvia, and Estonia with a growing presence in Finland.
We are delighted to have supported Mid Europa Partners on this transaction, providing key digital insights through our digital go-to-market and technology due diligence.
With several million registered customers across four countries, over 2,000 merchants onboarded on Pigu's proprietary marketplace platform over the last year, as well as a unique portfolio of online shopping destinations such as pigu.lt, kaup24.ee, hansapost.ee, 220.lv, xnet.lv, and hobbyhall.fi, the combined Group is expected to lead the development of the region's rapidly growing digital economy by offering the best-in-class value proposition and online shopping experience for its customers and merchants alike.
This transaction adds to our already established track record as one of the leading advisors in the digital marketplace and e-commerce space. With a growing number of deals supported in central and eastern Europe, Palladium has established itself as one of the leading advisory firms for investors in these regions.
Why digital due diligence?
Today's business is digital. So it's vital to assess digital in due diligence to help uncover both potential risks and opportunities for growth through digital.
To learn more about how we can support your next transaction with digital due diligence, please email james.prebble@palladiumdigital.co.uk or call +44 07468 590 643.
Palladium was named both Specialist Due Diligence Provider of the Year and Specialist Adviser of the Year 2020.
