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Bio2You

Latvian-based beauty and cosmetic manufacturer and brand owner. B2Y develops and manufactures natural skincare, oral care, hair care and other hygiene products with a strong focus on quality and innovation. B2Y brand is targeted towards people with sensitive or problematic skin and is especially known for its anti-ageing product range.

Entry February 2022
Country Latvia
Industry Beauty and cosmetics
Turnover (2021) €1.5m
Personnel/ FTE (2021) 20
Status Active
Website www.bio2you.lv

Deal Team

Darius Šulnis
Darius Šulnis

Managing Partner, Investment Committee Member

Over 20 years of experience in private equity and M&A

Chairman of the Management Board of INVL Asset Management; Member of the Management Board of Invalda INVL

Darius Šulnis
Darius Šulnis

Managing Partner, Investment Committee Member

Over 20 years of experience in private equity and M&A

Chairman of the Management Board of INVL Asset Management; Member of the Management Board of Invalda INVL

Started as CEO of financial brokerage firm Finasta and been pioneering investments in the Baltic securities market since 1994. Joined Invalda INVL in in 1996. Has over 20 years of experience in private equity and operational management. After joining Invalda INVL was building and developing the group together with Alvydas Banys and others. Has served on the boards of 40+ portfolio companies. Together with Invalda INVL local and international investment partners, implemented acquisitions and sales of companies, capital raising deals with a total value of over EUR 1.2 billion.

Holds an MBA from Duke University, USA and Master’s degree in Accounting and Audit (Economist qualification) from Vilnius University, Lithuania.


Vytautas Plunksnis
Vytautas Plunksnis

Partner, Investment Committee Member

Over 15 years of experience in private equity and M&A

Chairman of the Board at Investors’ Association in Lithuania; Member of the Management Board of INVL Asset Management

Vytautas Plunksnis
Vytautas Plunksnis

Partner, Investment Committee Member

Over 15 years of experience in private equity and M&A

Chairman of the Board at Investors’ Association in Lithuania; Member of the Management Board of INVL Asset Management

Started his career as financial analyst at the first Lithuanian online brokerage Jusu Tarpininkas in 1999. In 2002 he became a business journalist and since 2004 was Editor in Chief, Business Desk, Lithuanian News Agency Elta. His career in asset management started in 2006 as an analyst and fund manager in Finasta Asset Management (Invalda INVL’s portfolio company). Since 2009 until 2016 he was an Investment Manager at Invalda INVL and since 2016 – the Head of Private Equity and a Member of the Management Board at INVL Asset Management. He has successfully implemented over 10 deals with a total value of c. EUR 250 million and has served on the boards of 20+ portfolio companies.

Currently is a Chairman of the Investor’s Association in Lithuania.

Holds Bachelor’s degree in Business Administration, Kaunas University of Technology, Lithuania.


Diana Ūselytė
Diana Ūselytė

Senior Associate

Over 15 years of experience in private equity and M&A

Former business analyst at Swedbank, AB

Diana Ūselytė
Diana Ūselytė

Senior Associate

Over 15 years of experience in private equity and M&A

Former business analyst at Swedbank, AB

In 2005 started her career in Financial Brokerage Company Finasta (subsidiary of Invalda) as a financial analyst and since 2010 took positions of credit analyst and then senior credit analyst at Bank Finasta. Since 2014 through 2016 worked as business analyst in Swedbank. Since 2016 re-joined Invalda INVL group taking the position of senior private equity analyst.

Holds a Master’s degree in Economics from Kaunas University of Technology, Lithuania.


Dalius Mikalauskas
Dalius Mikalauskas

Associate

Started private equity and M&A experience in 2019

University of Exeter graduate

Dalius Mikalauskas
Dalius Mikalauskas

Associate

Started private equity and M&A experience in 2019

University of Exeter graduate

From 2017 to 2018 completed internships at the Bank of Lithuania, Swedbank and SEB Bank. Before joining Invalda INVL group in 2019 worked as an audit consultant at Ernst & Young.

Holds a Bachelor’s degree in Accounting and Finance from the University of Exeter in United Kingdom.