A. Landsbergienės company bought a school building from the BaltCap fund(1)

Knowledge Investment, a subsidiary of the BaltCap Infrastructure Fund, constructed a school building, including a kindergarten, valued at 11 million euros. This facility was subsequently leased to private educational institutions, specifically the Queen Mother School and the Children’s Garden kindergarten, starting in 2020. The initial rental agreement was established in 2018, predicated on the facility’s capacity to accommodate 800 children, with the rental fund and the A.

Landsbergienė school network entering into the arrangement. Recent records from the Registrų centras indicate a significant change in ownership. On June 26, the shares of Knowledge Investment were acquired by the company Kibirkštis.

Kibirkštis is identified as the sole shareholder of A. Landsbergienė. Furthermore, this acquiring company, Kibirkštis, also manages rental agreements for premises utilized by various educational institutions.

This transaction means that the ownership structure overseeing the school and its associated infrastructure has shifted. The original investment by the BaltCap Infrastructure Fund through Knowledge Investment provided the physical asset, which is now managed under the control of Kibirkštis, the parent company to A. Landsbergienė.

The continued operation of the school and kindergarten facilities relies on these established rental agreements between the involved entities.

Topics: #school #fund #company

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