A Lithuanian EMI found its buyer three time zones away

Nine months of local conversations produced nothing. Nine days on the marketplace produced a qualified buyer in the Gulf who had never heard of the business — and could not have, through any Baltic advisor.

A Lithuanian EMI found its buyer three time zones away

Deal file

N5-0114

Asset type

Electronic Money Institution, operational

Jurisdiction

Lithuania · Bank of Lithuania

Licence

EMI with EEA passporting into 22 states

Trigger

Ready to exit, needed visibility among qualified buyers

Counterparty

Gulf-based payments group, first EEA acquisition

Time to match

9 days from listing to first qualified buyer

Outcome

Sold to a buyer three time zones away

How it actually went

The situation

The owner had run a Vilnius-licensed EMI for six years — passported into 22 EEA states, modest but real transaction volume, clean regulatory history. He wanted out. Not distressed, not desperate: he had a second business taking his attention and no appetite for the compliance load the licence carried.

What the marketplace route saved him

Measured against the nine months he had already spent searching locally, using his own figures for what the licence cost to keep alive while it sat unsold

30x

Faster to a qualified buyer — 9 days on the marketplace against 271 days of local search

8 months

Taken off the search, from first listing to first serious approach

€67.5k

Carrying cost avoided — compliance officer, audit and regulatory reporting at €7,500/month for eight months

3

Competing offers instead of one stalled approach, which is what moved the final price

How these are calculated

Time

Nine months covers the seller's local search before listing. Nine days is from listing to first verified buyer contact — not deal completion, which took additional months.

Engagement closes

€7,500/month is the seller's stated cost of keeping the dormant EMI compliant, covering outsourced compliance, audit and regulatory reporting. Actual costs vary.

What is not counted Title

Three competing offers created price tension, but no sale-price uplift is claimed because the figure is confidential.

What actually changed

The same asset, a different audience

What the listing carried

Licence class, jurisdiction, passporting scope, year of authorisation and a revenue band. No entity name, no client list, no exact figures.

Who it reached

Buyers who had cleared identity and source-of-funds verification before the information memorandum was released — never a competitor fishing for diligence.

What closed

A Gulf payments group building EEA distribution, with no relationship to any Baltic advisor and no route to hearing about the asset otherwise.

"Everyone I could reach already knew everything about my business. Nobody who could actually pay for it knew it existed."

SellerEMILithuanianame withheld under NDA

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Sold to a buyer three time zones away

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