INVL Fund and Tesonet to Jointly Acquire Šiaurės Licėjus Schools and Kindergartens

Technology Group Tesonet and one of the leading private equity funds in Central and Eastern Europe, INVL Private Equity Fund II, having decided earlier this year to invest jointly in the private education sector, will acquire the Šiaurės Licėjus network of schools and kindergartens. The companies will execute the project through a joint venture Kurianti Karta. This transaction aims to develop high-quality private education in Lithuania that meets contemporary needs.