Finasta
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Finasta - overview
Location
Vilnius, -, Lithuania
Primary Industry
Financial Services
About
Finasta is a financial services company specializing in investment management, focused on private equity, real estate, and renewable energy sectors, providing tailored solutions for investors. Finasta operates as an investment management firm, primarily serving institutional and private clients with an array of funds. Acquired by Snoras Bank Group in March 2009 for EUR 13. 25 mn, the company is headquartered in Vilnius, Lithuania.
Asta Jovaisiene currently serves as CEO. Finasta provides investment management services, managing funds such as the INVL Private Equity Fund II and INVL Baltic Sea Growth Fund. They focus on sectors like sustainable timberland, farmland, and technology, catering to high-net-worth individuals and institutional investors in the Baltic region and beyond. In 2014, Finasta reported revenue of EUR 4,249,134.
60 and an EBITDA of EUR 451,347. 90, primarily driven by management fees from assets under management across their investment funds. Finasta's recent acquisition has positioned the company for potential growth in new markets, especially in the broader European region. The EUR 13.
25 mn raised will likely support the expansion of their investment product offerings and enhance their competitive edge in private equity and real estate sectors.
Primary Industry
Financial Services
Sub Industries
Private Equity
Website
www.finasta.com
Company Stage
Acquired
Total Amount Raised
Subscriber access only
Finasta - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Completed | Finasta | - | ||||||||
| Buyout | Completed | Finasta | - |
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