Mid Europa Partners completed the acquisition of UAB Pigu and Hobby Hall Group.

Mid Europa Partners, an independent private equity firm, completed the acquisition of UAB Pigu and Hobby Hall Group, two e-commerce and online marketplace platforms. Financial terms were not disclosed. "With several million registered customers across four countries, over 3,000 merchants onboarded on Pigu's proprietary marketplace platform over the last year, as well as a unique portfolio of online shopping destinations such as pigu.lt, kaup24.ee, hansapost.ee, 220.lv, xnet.lv, and hobbyhall.fi, the combined Group is expected to lead the development of the region's rapidly growing digital economy by offering the best-in-class value proposition and online shopping experience for its customers and merchants alike," Mid Europa Partners.