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Merito invests in good companies with a mission to help them develop into great and sustainable companies

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Vision

To be the next step
• For entrepreneurs
• For scalable businesses
• For investors
vision

Our goal

Merito is here to help grow big, successful businesses. We believe we can inspire entrepreneurs to achieve ambitious goals and go beyond those.

vision
Our Core Belief

Meritocracy: A social system in which advancement within society is based on an individual's capabilities and merits rather than family, wealth, or social status.

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Team

About

Davis is responsible for sourcing, evaluation and execution of investment opportunities across the Baltics. Besides new investments, he supports the team in management of our investment companies in Lithuania.

Prior to joining Merito, Davis worked at a management consulting firm Civitta, mainly focusing on strategy development and commercial due diligence projects and as an Investment Advisor at Newsec.

Funds and Investment Strategies
Merito Management AIFP

Merito Growth Capital Fund I

Provides flexible growth financing to developing companies predominantly across New Nordics. Fund cooperates with ambitious entrepreneurs and focuses on profitable and sustainable growth of its portfolio companies. Fund invests EUR 0.5 – 5 million per transaction, acquiring either minority or majority stakes in its portfolio companies. Total target size of the fund is EUR 50 million with more than EUR 12.5 million already committed by investors. The minimum investor commitment is EUR 50'000 and the fund will continue its fundraising shortly.

About Fund
  • Status
    No public fundraising
  • Launch
    2022
  • Size
    EUR 50 million
  • Minimum commitment
    EUR 50'000
Merito Management AIFP

Merito Sustainable Energy Fund I

On behalf of its growing number of close to 80 investors, the fund is dedicated to development of industrial scale photovoltaic (PV) energy projects in Latvia. Fund’s experienced team manages all stages of project development from initial planning to operating solar parks. Fund intends to have significant positive impact on sustainable electricity generation in Latvia and plans to develop 70+ MW solar portfolio during the next year.

About Fund
  • Status
    Fundraising closed
  • Launch
    2023
  • Size
    EUR 20 million
Merito Management AIFP

Merito Self Storage Fund

Will develop a network of self storage facilities in the Baltic States. Drawing on the successful experience of its management team and significant market opportunity, the fund will establish a portfolio of 10 - 15 self storage facilities across the region. The fund offers investors an opportunity to partake in the burgeoning New Nordic self storage market. Total target fund size is EUR 30 million and the minimum investor commitment is EUR 50'000. Merito Partners kindly welcome any inquiries from potential investors for further discussion about the investment opportunity.

Invest in our Funds
About Fund
  • Status
    Fundraising
  • Launch
    2023
  • Size
    EUR 30 million
  • Minimum commitment
    EUR 50'000
Merito Real Estate Management AIFP

Merito Real Estate Special Fund I

The fund has acquired a prime property located at Kaleju 18/20 in Riga Old Town. This building boasts 3,000 m2 of Gross Building Area (GBA) and features 12 high-end residential rental units and 2 beautifully designed commercial spaces on the ground floor. We are looking to return the building to a circular economic activity, contribute to the post-pandemic comeback of the Old Town tourism and support sustainability course of the industry itself. Our approach includes a series of targeted activities: incl. redesigning apartment layouts, enhancing the tenant mix, optimising the maintenance and utilities costs, furnishing, securing design approvals and permits etc. The fund is currently fully funded by 9 investors and fundraising process has concluded.

About Fund
  • Status
    Fundraising closed
  • Launch
    2023
  • Size
    EUR 1.3 million
Merito Real Estate Management AIFP

Merito Real Estate Special Fund II

The fund has aquired a stunning river-view residential building at Pasta street 6. This property, situated in the charming Riga Old Town and bordering the newly developed Rail Baltica infrastructure, features a Gross Building Area (GBA) of 3,000 square meters and comes with an approved renovation plan of 85 compact-living apartments, catering to the strong demand from both the short-term rental market and private investors. Renovation is done by a general contractor with planned commissioning by the end of 2024. We are looking to return the historical building to a circular economic activity, contribute to the post-pandemic comeback of the Old Town tourism and support sustainability course of the industry itself. Fund is still open for commitments - if you are interested, please contact us.

Invest in our Funds
About Fund
  • Status
    Fundraising
  • Launch
    2024
  • Size
    EUR 1.9 million
  • Minimum commitment
    EUR 50'000
Merito Management AIFP

Merito Management Target Fund II

The fund was established in April 2024 with a sole purpose to acquire controlling stake in SIA Adaptive Media. The acquisition was successfully done in July 2024.

About Fund
  • Status
    Fundraising closed
  • Launch
    2024