AAA Holdingas – consolidation and structure creation
We helped Investor Marius Jakulis Jason to consolidated the shares of AAA Holdings – from now on all shares of the company will belong to M J Jakulis’ family company IKKB Mūsų Ateities Investicijos and philanthropic foundation VŠĮ Marius Jakulis Jason Fund.
Orion role in this project
CEO of family office Orion Wealth Mindaugas Strėlis, Head of corporate finance at Orion Securities Mykantas Urba and law firm AAA Law consulted the client regarding consolidation and transaction structure.
The family company bought out the shares of Algimantas Smičius, the former head of AAA Holdingas, while Marius transferred the shares as recently as last year. The objective of a multi million transaction is to strengthen the company financially and bring management under one roof.
Project type | Holding structure |
Client | Marius Jakulis Jason |
Project value | Multi million |
Orion role | Strategy, organisation, implementation |
Project year | 2020-2021 |
AAA Holding owns some of the most luxurious hotels Grand Hotel Kempinski Vilnius and Radisson Blu Royal Astorija Hotel in Vilnius. Marius Jakulis Jason, Chairman of the Board, says that following the pandemic, it is crucial for businesses to build a strong team of professionals which would help regarding both strategic and financial issues.
Marius Jakulis Jason | Entrepreneur, philanthropist and investor
This is not the first project Orion Wealth corporates with investor Marius Jakulis Jason. Both sides are working together to develop airport hotels, student housing projects and other real estate projects in Lithuania and Central Europe. In addition, Mindaugas Strėlis, the head of Orion Wealth, is the board member of philanthropic foundation Marius Jakulis Jason Fund.
Orion Securities – Member of Pandea Global M&A network
This international advisory network gives Orion team an exclusive access to foreign buyers and investors, allowing our clients based in Lithuania to access a larger number of acquisitions in new geographies. In addition to that our cooperation gives clients the opportunity to consult with Pandea consultants, who can help and advise our clients on issues of business development abroad.