TMF Group acquires Nordgain 09 October 2025Lithuania Reporter: Zarah Choudhary
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TMF Group, a provider of global administrative and compliance services, has announced the acquisition of Nordgain, a provider of finance, accounting and tax compliance services based in Lithuania.
Nordgain also operates in Latvia and will soon open an office in Estonia.
With this acquisition, TMF Group expands into two new countries, increasing its global footprint to 89 jurisdictions and establishes a physical presence in the Baltic region.
They also include specialised services?for licensed companies, electronic money institutions, investment funds, and collective investment undertakings.
Jan Willem van Drimmelen, head of Europe at TMF Group, comments: “The Baltics have been an important trading partner for many countries in Europe and the Nordics, and we’ve been following the rapid economic development in the Baltics over the past decade.
“We’re thrilled to expand into this dynamic region for international business. We’re delighted to welcome Agne and her team at Nordgain, and their broad portfolio of services will complement our existing offering.”
Joanna Romanczuk, head of Northern Europe at TMF Group, adds: “Our acquisition of Nordgain is a key step in strengthening TMF Group’s global footprint, adding three jurisdictions to our portfolio and expanding into the Baltics.
“By increasing our local presence in key countries, we’re uniquely positioned to continue delivering in-depth local expertise combined with strong international outreach.”
Agn? Jasinskait?, founder and CEO at Nordgain, says: “Joining TMF Group is an exciting milestone for us. By being part of their global platform, we will be able to offer our clients even broader capabilities and international reach, while continuing to deliver the high-value services they know us for.
“This step also creates exciting career opportunities for our team, giving them the chance to grow as part of a leading global firm.
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