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FERN Group

FERN Group is one of the largest engineering solutions, industrial equipment manufacturing, industrial construction and installation companies in Lithuania. The company is providing general contractor, engineering solutions, design, manufacturing, mounting, consulting and other services to industrial and energy companies operating in Lithuania and throughout the European Union.

     

Entry June 2019
Country Lithuania
Industry Civil engineering, metal processing
Turnover (2023) €33m
Personnel/ FTE (2023) 341/224
Status Active
Website www.montuotojas.lt

Deal Team

Vidas Venckus
Vidas Venckus

Partner, Investment Committee Member


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

Former Partner at PricewaterhouseCoopers Lithuania, Head of Advisory Services

Vidas Venckus
Vidas Venckus

Partner, Investment Committee Member


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

Former Partner at PricewaterhouseCoopers Lithuania, Head of Advisory Services

Since 1994 through 2016 he worked with PwC Lithuania and took the path from Assistant to Manager and on to Partner. He headed the team of 40+ professionals in the Baltics specializing in Management Consulting and Transaction Advisory. Management Consulting business included IT, business processes optimization and risk management. Transaction Advisory included due diligence, M&A advisory, business analysis and other transaction support services. He accumulated unmatched experience in M&A, private equity, finance consulting and due diligence advising local and international investors on 200+ transactions. Joined Invalda INVL group in 2017.

Holds Master’s degree in Accounting and Audit from Vilnius University, Lithuania.


Vytautas Plunksnis
Vytautas Plunksnis

Partner, Investment Committee Member

Over 20 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 20 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.


Darius Šulnis
Darius Šulnis

Managing Partner, Investment Committee Member

Over 30 years of experience in private equity and M&A

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

Darius Šulnis
Darius Šulnis

Managing Partner, Investment Committee Member

Over 30 years of experience in private equity and M&A

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

Started as CEO of financial brokerage firm Finasta and been one of pioneering investments in the Baltic securities market since 1994. Joined Invalda INVL in in 1996. Has over 30 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 2 billion.

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


Gytis Činčius

Senior Associate

Over 6 years of experience in M&A and started private equity experience in 2024

Stockholm School graduate

Gytis Činčius

Senior Associate

Over 6 years of experience in M&A and started private equity experience in 2024

Stockholm School graduate

Started his career in 2018 as an analyst in a management consulting company Vendos. In 2019 in parallel started working in a corporate finance advisory firm Aalto Capital, specializing in capital raising and M&A. Continued working in both Vendos and Aalto Capital as a project manager and associate during the years 2020-2024. Holds a Bachelor’s degree in Economics and Business from Stockholm School of Economics in Riga.