Sten Olsson
Partner | Helsinki@hannessnellman.com
Hannes Snellman's Private Equity and Financial Sponsors practice covers the full range of transactional work and fund formation encompassing all aspects of this rapidly changing field. We have advised on some of the highest-profile and most complex buyouts and restructurings in the Nordic region. Our experience and understanding of this industry ensure that we are at the forefront in developing innovative structures to solve the complexities inherent in the field. We work closely with our finance team and tax specialists to provide the Firm’s clients with a comprehensive service.
Hannes Snellman’s fund formation and investments team assists our clients in all aspects of private equity fund related matters, such as fund formation, fund investments, restructurings, secondary transactions, co-investments and fund management services.
We provide a dedicated team of experts covering the spectrum of private equity fund related services as well as market-leading tax and financial regulation services. In our work we emphasise the importance of combining high quality legal expertise with a commercial approach.
Catena Media (seller), Moneta Communications (buyer)
Hannes Snellman counsel to Moneta Communications Ltd in its acquisition of UK and Australian online sports betting brands from Catena Media plc
EUR 6.0 million
Counsel to Moneta Communications Ltd
Equip Capital (bidder), Remagruppen (target)
Equip Capital acquired Remagruppen
Value not public
Counsel to Equip Capital
Equip Capital, Lakers Group AB, Vestum AB
Equip Capital has acquired a portfolio of companies from Lakers Group by Vestum AB
Value not public
Counsel to Equip
IK Small Cap III Fund, Responda Group
IK Small Cap III Fund’s investment in Responda Group
Value not public
Counsel to IK Partners
Vendre AB (Target), Main Capital Partners, Optimizers
Optimizers (Main Capital Partners) acquires Vendre
Value not public
Counsel to Vendre AB
KLAR Partners, Nimlas Group, Konstel
Nimlas Group, a leading Nordic technical installation services platform, has acquired Konstel, a leading electrical installation company in Norway
Value not public
Counsel to KLAR Partners / Nimlas Group
Puzzel AS (Buyer), S2 Communications AB (Target), Marlin Equity Partners
Counsel to Marlin Equity Partners and its Portfolio Company Puzzel AS in the acquisition of S2 Communications AB
Value not public
Counsel to Marlin Equity Partners
MedCap (Seller), Vitamin D (Target), Pharmaprim AB (Buyer)
MedCap, who has through its subsidiary Unimedic Pharma AB, divested its rights to the product Vitamin D to Pharmaprim AB
Value not public
Counsel to MedCap
Thomas H. Lee Partners, inriver AB
Counsel to Thomas H. Lee Partners in its investment in inriver AB
Not public
Counsel to Thomas H. Lee Partners
Gores Guggenheim, Inc., The Gores Group and Guggenheim Capital, LLC, and Polestar.
Gores Guggenheim, Inc. in its closing of business combination with Polestar
The transaction implies an equity value of approximately USD 20 billion for Polestar.
Legal advisor to Gores Guggenheim, Inc. together with Weil, Gotshal & Manges LLP.
KLAR Partners, Oleter Group, Swoosh
Counsel to KLAR Partners backed Oleter Group in the merger between its underground infrastructure maintenance business (UIM) and Swoosh
Value not public
Counsel to KLAR Partners
Accent Equity, Norcospectra
Counsel to Accent Equity in its investment in Norcospectra
Not public
Counsel to Accent Equity
Kingdom of Sweden (Seller), Metria AB (Target), Sikri Holding AS (Buyer)
Counsel to the Kingdom of Sweden in the sale of Metria AB to Sikri Holding AS
Value not public
Counsel to the Kingdom of Sweden
IK Partners (Buyer), Intera Fund II Ky, Intera Fund III Ky, management and other minority shareholders (Sellers), Renta Group Oy (Target)
Intera Partners’ sale of Renta Group Oy to IK Partners
Value not public
Counsel to Intera Partners
KLAR Partners Limited, Oleter Group consisting of OCAB and Frøiland Bygg Skade
Counsel to KLAR Partners Limited in the Investment in Oleter Group
Value not public
Counsel to KLAR Partners Limited
Parties
The founder and other owners of Hemfrid, Fidelio Capital and Hemfrid
Transaction
Advised the founder and owners of Hemfrid, in the sale of Hemfrid to Fidelio Capital.
Deal Value
Value not public
Role
Advisor to the founder and other owners of Hemfrid
Koch Industries, Inc, Infor, Hexagon AB
Swedish counsel to Koch Industries, Inc and its subsidiary Infor on their divestment of Infor’s global EAM (Enterprise Asset Management) business to Hexagon AB for approximately USD 2.75 billion (SEK 23.65 billion) on a cash and debt-free basis, consisting of approximately USD 800 million in cash and USD 1.95 billion in the form of 132.6 million newly issued series B shares in Hexagon corresponding to 4.9 per cent of all shares in Hexagon after completion of the transaction.
Approximately USD 2.75 billion (SEK 23.65 billion) on a cash and debt-free basis, consisting of approximately USD 800 million in cash and USD 1.95 billion
Swedish counsel to Koch Industries, Inc and its subsidiary Infor
KLAR Partners, Sandbäckens, Segulah
KLAR Partners funds make first acquisition in Sweden: Acquire Sandbäckens to build the Nordic region's leading technical installation and property services Group
Value not public
Counsel to KLAR Partners
Supermetrics Oy, Highland Europe LLP, IVP, Open Ocean
Counsel to Supermetrics Oy, a Finland-based global leader in data integration, on its EUR 40 million Series B investment round.
EUR 40 million
Counsel to Supermetrics Oy
Quest Diagnostics Incorporated (Buyer), Shareholders of Blueprint Oy (Sellers), Blueprint Genetics Oy (Target)
The sale of Blueprint Genetics’ entire share capital to Quest Diagnostics
Value not public
Counsel to Blueprint Genetics and its owners
Smartly.io Solutions Oy and its owners, Providence Equity Partners
Counsel to Smartly.io and its owners in the sale of a majority stake to Providence Equity Partners
EUR 200 million
Counsel to Smartly.io Solutions Oy and its owners
Sentica Partners (Seller), Adelis Equity Partners (Buyer), Ropo Capital (Target)
Sale of Ropo Capital
Value not public
Counsel to Sentica Partners
Summit Partners (Bidder), Syncron International AB (Target)
Summit Partners in its USD 67 million investment in Syncron. Syncron™, a provider of cloud-based after-sales service solutions focused on empowering the world's leading manufacturers to maximize product uptime.
Value not public
Counsel to Summit Partners
Danica Pension A/S (Seller), Dancia Pension Försäkringsbolag AB (Target), Unigestion (Bidder), Acathia Capital GmbH (Bidder), Polaris Private
A consortium consisting of Polaris, Acathia, Unigestion, and other co-investors has acquired Danica Pension Försäkringsaktiebolag (publ)
SEK 2.6 billion
Counsel to Unigestion
Rettig ICC Ltd (Buyer), Sigarth Aktiebolag (Seller)
Rettig ICC Ltd in the Acquisition of Sigarth Aktiebolag
SEK 70 Million
Counsel to Rettig ICC Ltd
Infranode 1 (No. 1) AB and Infranode Energi AB (Buyers), Skånska Energi AB (publ) (Target)
Infranode Energi AB’s recommended public cash offer for all shares in Skånska Energi AB (publ)
SEK 621 million
Counsel to Infranode 1 (No. 1) AB and Infranode Energi AB
Accent Equity (Seller) Volati AB (publ) (Buyer) S:t Eriks Group AB (Target)
Accent Equity in its divestment of S:t Eriks Group AB to the Swedish industrial group Volati AB (publ)
Value not public
Counsel to Accent Equity
Collectia Sverige AB (Buyer), OpusCapita Kredithanterarna AB (Target), Svenska Fakturaköp AB (Target), Posti Messaging Oy (Seller)
Collectia Sverige AB's acquisition of OpusCapita Kredithanterarna AB and Svenska Fakturaköp AB from Posti Messaging Oy
Value not public
Counsel to Collectia Sverige AB
Vitruvian Partners LLP (buyer) Easy Park AS (target) Verdane Capital (seller)
Vitruvian Partners LLP acquisition of Easy Park AS
Value not public
Counsel to Vitruvian Partners LLP
Vaaka Partners (Buyer), management and minority shareholders (Sellers), Smoothie Heaven Oy (Target)
Vaaka Partners acquired majority of shares in Smoothie Heaven Oy, a juice and smoothie bar company known as Jungle Juice Bar, from management and minority shareholders
Value not public
Counsel to Vaaka Partners
Accent Equity (Buyer), Procuritas Capital Investors IV and other minority owners (Sellers), Oral Care (Target)
Accent Equity's acquisition of Oral Care from Procuritas Capital Investors IV and other minority owners
Value not public
Counsel to Accent Equity
Adelis Equity Partners (Buyer), AddPro (Target)
Adelis Equity Partners' acquisition of AddPro
Value not public
Counsel to Adelis Equity Partners
Valedo (Buyer), BRP Systems (Target)
Valedo's investment in BRP Systems
Value not public
Counsel to Valedo
Accent Equity 2012 (Seller), Lavare AB (Target), De Forenede Dampvaskerier (Buyer)
Accent Equity 2012's divestment of Lavare AB to De Forenede Dampvaskerier
Value not public
Counsel to Accent Equity 2012
Intera Fund III Ky (Buyer), Management and minority shareholders (Sellers), Wise Group Finland Oy (Target)s
Intera’s acquisition of majority ownership in Wise Group Finland Oy from the management and minority shareholders
Value not public
Counsel to Intera
Hartwall Capital Oy Ab (Buyer), SUEZ Suomi Oy (Target)
Hartwall Capital Oy Ab's acquisition of SUEZ Suomi Oy, comprising the Finnish operations of SUEZ Group
Value not public
Counsel to Hartwall Capital Oy Ab
DevCo Partners Oy’s group of investors (Buyers); Vexve Oy (Target); Partnos Oy (Seller)
DevCo Partners Oy’s acquisition of Vexve Oy from Partnos Oy
Value not public
Counsel to DevCo Partners Oy
Valedo Partners (Existing lead investor), General Atlantic (Investor), Joe & the Juice (Target)
General Atlantic has made a strategic growth investment in Joe & the Juice to become the second largest shareholder in Joe & the Juice alongside existing lead investor Valedo Partners
Value not public
Counsel to Valedo and other shareholders of Joe & the Juice
Valedo (Buyer), CMA Research AB and Markör Marknad & Kommunikation AB (Targets)
Valedo's parallel acquisitions of CMA Research AB and Markör Marknad & Kommunikation AB
Value not public
Counsel to Valedo
Bogfelts Holding AB (Buyer) Ljuspoolen i Kumla AB (Target) Ljuspoolen Holding AB (Seller)
Accent Equity's acquisition of Bogfelts
Value not public
Counsel to Accent Equity 2012
Valedo Partners Fund I (Seller), Akademikliniken (Target), Polaris Private Equity (Buyer)
Valedo Partners Fund I has agreed to divest its majority holding in Akademikliniken to Polaris Private Equity
Value not public
Counsel to Valedo
Cor Group Oy, Industry Investment, Norvestia Plc and acting management (Sellers), EQT MidMarket Limited Partnership (Buyer), Touhula Varhaiskasvatus Oy (Target)
Cor Group Oy, Industry Investment, Norvestia Plc and acting management sold the leading Finnish private day care provider Touhula Varhaiskasvatus Oy to EQT MidMarket Limited Partnership.
Value not public
Counsel to EQT
Bridgepoint Development Capital (Seller), Solhagagruppen (Target), Ambea AB (Buyer)
The Swedish care companies Solhagagruppen and Nytida are joining forces. The enlarged personal care group will be formed pursuant to an agreement whereby Bridgepoint Development Capital and the minority shareholders of Solhagagruppen have agreed to sell all shares in Solhagagruppen to Ambea AB, who operates within private care and assistance under the brand Nytida.
Value not public
Counsel to Bridgepoint
Adven Group (Target), EQT (Seller), AMP Capital, Infracapital (Buyers)
EQT Infrastructure Limited’s sale of Adven Group to a consortium comprising of AMP Capital Investors and Infracapital Partners II
Value not public
Counsel to EQT
EQT VII Fund (Buyer), Piab Group Holding AB (Target), Altor Fund II and minority shareholders (Seller)
EQT's acquisition of Piab from Altor. Hannes Snellman is advising EQT in relation to the acquisition, including with respect to patents and IPR, acquisition financing, merger control filings and other legal aspects of the agreed transaction.
Value not public
Counsel to EQT
Summit Partners (Buyer), Retail Logistics Excellence - RELEX Oy and certain shareholders of RELEX (Seller), Retail Logistics Excellence - RELEX Oy (Target)
Summit Partners' acquisition of a EUR 20 million minority stake in RELEX, a Finnish provider of supply chain software solutions for retailers
EUR 20 million
Counsel to Summit Partners
Novax, part of the Axel Johnson Group (Buyer), ApoEx AB (Target)
Novax has acquired 46% of ApoEx AB.
Value not public
Counsel to Novax
Adelis Equity Partners (Buyer), INTERSPORT Sweden (Target)
Adelis Equity Partners has agreed to acquire a 70% stake in INTERSPORT Sweden.
Value not public
Counsel to Adelis Equity Partners
Priveq Investment and RoosGruppen (Sellers), Mediplast AB (Target), Addtech (Buyer)
Priveq Investment’s and RoosGruppen’s divestment of Mediplast AB to Addtech
SEK 480 million
Counsel to Priveq Investment
Bridgepoint's acquisition of Nordic Cinema Group
Bridgepoint's acquisition of Nordic Cinema Group from Ratos and Bonnier
SEK 4,700 million
Counsel to Bridgepoint
Alder Fund I AB (Buyer); Gasmet Technologies Oy (Seller); the business of Gasmet Technologies Oy (Target)
Alder’s acquisition of the business of Gasmet Technologies Oy from Gasmet Technologies Oy
Value not public
Counsel to Alder Fund I AB
Novax (Buyer), Academic Work (Target), Latour (Seller)
Novax' acquisition of Latour’s entire shareholding in Academic Work
Value not public
Counsel to Novax
Accent Equity 2012, St. Eriks group
The acquisition of the St. Eriks group by Accent Equity 2012
Value not public
Counsel to Accent Equity 2012
Equip Capital, Lakers Group AB, Vestum AB
Equip Capital has acquired a portfolio of companies from Lakers Group by Vestum AB
Value not public
Counsel to Equip