BaltCap Growth Fund and shareholders sold their stakes in LIVIN, a leading healthy lifestyle retailer in the Baltics, to Ogmios Group, a prominent real estate and investment company in Lithuania, with management continuity ensured following the transaction.

Target Information

LIVIN is the premier healthy lifestyle retailer in the Baltics, renowned for its commitment to promoting well-being through a diverse range of products. Established with a vision to cater to health-conscious consumers, LIVIN has successfully expanded its footprint by operating 21 retail locations in Lithuania and Latvia. In addition to its physical stores, the company has developed a robust e-commerce platform and wholesale operations across the Baltic region.

Since partnering with BaltCap Growth Fund (BGF) in 2019, LIVIN has experienced significant growth, seeing revenues rise nearly fourfold to surpass EUR 20 million by 2025. Its EBITDA has also increased dramatically, achieving more than a sixfold rise during the same period, indicating robust operational performance and market demand for its offerings.

Industry Overview in the Target's Country

The healthy lifestyle market in Lithuania has witnessed substantial growth over the past few years, driven by increased consumer awareness regarding health and wellness. There has been a m