Snellman advised Mission Trail Partners on the recommended public cash offer for all shares in Formpipe Software AB, listed on Nasdaq Stockholm. The public offer was made by a consortium, acting through Tabellae BidCo ApS, consisting of Tabellae HoldCo ApS (controlled by Valedo Partners IV AB), Mission Trail Partners LP and Aktiebolag Grenspecialisten. Mission Trail Partners is the largest shareholder of Formpipe Software AB, holding approximately 18.6 percent of all outstanding shares and votes, and Grenspecialisten is the third largest shareholder of Formpipe Software AB, holding approximately 10.7 percent of all outstanding shares and votes. The offer values all outstanding shares in Formpipe Software AB at approximately SEK 879 million. The board of directors of Formpipe Software AB has unanimously recommended the shareholders to accept the offer and shareholders holding in aggregate 25 percent of the outstanding shares and votes have irrevocably undertaken to accept the offer.

Snellman’s core advisory team includes Mattias Friberg and Anton Eriksson. (Public M&A)