Maria focuses on financing transactions and restructurings. She has experience of a wide range of finance related work, such as leveraged finance, corporate lending, capital markets, and securitisations.
Prior to joining Snellman, Maria worked as Legal Counsel for Large Corporate & Financial Institutions at Skandinaviska Enskilda Banken AB (publ) for 12 years, and has been involved in various demanding and highly complex bank financing transactions mainly in connection with leveraged finance.
Snellman Counsel to CORDET in the Financing of MVI’s Acquisition
Snellman acted as counsel to CORDET in connection with senior secured debt facilities provided by CORDET to support MVI Fund II (“MVI”) in acquiring a majority stake in the Swedish firms DSolution and EasyPartner.
CORDET is an experienced alternative credit investor that provides bespoke financing solutions to lower mid-market companies in Northern Europe
For further information, please visit CORDET’s press release here.
Snellman’s core advisory team comprised Maria Orrgard, Oscar Bengtsson, Johan Erlandsson, and Sofia Granberg (Finance & Restructuring).
Snellman Counsel to Revelop on Property Financing Transactions
Snellman acted as counsel to Revelop in several financings for Revelop in connection with acquisition of properties.
Revelop has long track-record of outperformance from investing in urban industrial, mixed-use and social infrastructure assets with repositioning and development potential. Revelop aims to invest in properties that can be made resilient for the future through various ESG initiatives such as substantial carbon footprint reduction, enhanced energy efficiency and environmental accreditation, as well as generating positive social impact.
Snellman’s core advisory team comprised Maria Orrgard, Joel Montin, Albert Danielsson, Johan Erlandsson, and Lina Lundevall-Brunö (Finance & Restructuring), Angelica Berntsson (Real Estate), and Douglas Essehorn, and Elin Boman (Private M&A).
Snellman Counsel to MotionTech (backed by Systematic Growth) in the Acquisitions of LAC Conveyors & Automation and Holloway Control Systems
Snellman acted as counsel to MotionTech (backed by Systematic Growth) in its strategic acquisitions of LAC Conveyors & Automation and Holloway Control Systems.
MotionTech was established by Systematic Growth in 2021, with a clear strategy to become a full solutions and service partner to customers within intralogistics and warehouse automation. LAC Conveyors & Automation specialises in the designing, manufacturing, and installation of automation solutions across various industries, whereas Holloway Control Systems is known for its expertise in developing advanced control and software systems.
Snellman’s advisory team comprised Miklos Kovacs Scherlin, Jonas Sjöberg, and Klara Hasselberg (Private M&A), Maria Orrgard, Oscar Bengtsson and Sofia Granberg (Finance and Restructuring).
Snellman Counsel to MotionTech (backed by Systematic Growth) in the Acquisitions of LAC Conveyors & Automation and Holloway Control Systems
Snellman acted as counsel to MotionTech (backed by Systematic Growth) in its strategic acquisitions of LAC Conveyors & Automation and Holloway Control Systems.
MotionTech was established by Systematic Growth in 2021, with a clear strategy to become a full solutions and service partner to customers within intralogistics and warehouse automation. LAC Conveyors & Automation specialises in the designing, manufacturing, and installation of automation solutions across various industries, whereas Holloway Control Systems is known for its expertise in developing advanced control and software systems.
Snellman’s advisory team comprised Miklos Kovacs Scherlin, Jonas Sjöberg, and Klara Hasselberg (Private M&A), Maria Orrgard, Oscar Bengtsson and Sofia Granberg (Finance and Restructuring).
Snellman Advises on Eltel AB’s EUR 25 Million Issue and Listing of Sustainability – Linked Hybrid Capital Securities
Snellman is acting as legal advisor on Eltel AB’s issue and listing of EUR 25 million of subordinated sustainability-linked hybrid capital securities. Eltel is a service provider for critical infrastructure listed on Nasdaq Stockholm (Mid Cap). The capital securities have no maturity date, and the proceeds from the issue will be used for partially refinancing certain existing indebtedness and to support Eltel’s expansion within renewable energy infrastructure and efforts to improve profitability. Eltel will apply for the capital securities to be admitted to trading on Nasdaq Stockholm Sustainable Debt Market. Danske Bank A/S, Nordea Bank Abp and OP Corporate Bank plc acted as joint lead managers.
Snellman’s core advisory team includes Maria Orrgard, Mattias Friberg, Markus Bremer, Joel Montin, Khaled Talayhan, Annemari Rosi, Pauliina Sutinen, Marc Tevell de Falck, Ebba Sjölin, and Sebastian Sund.
Snellman Counsel to PCP in Its EUR 60 million Loan Facility to Nordic Leisure Travel Group AB (“NLTG”)
Snellman acted as counsel to PCP in its EUR 60 million loan facility to Nordic Leisure Travel Group AB (“NLTG”), the market leading tour operator in the Nordic countries, selling packaged holidays under well-known brands such as Ving, Spies, Tjäreborg, and Sunclass Airlines.
PCP provides tailored funding solutions to mid-sized companies in Northern Europe and acts as a strategic financial partner to companies who need additional funds to expand, make acquisitions, refinance their balance sheets, or restructure their operations. Over the last two decades, PCP has engaged and invested in over 130 companies and helped them maximise their potential.
Snellman’s core team included Fredrik Olsson, Maria Orrgard, Albert Danielsson, and Ebba Sjölin.
Snellman Counsel to PCP in Its SEK 350 million Term Loan to Avia Pharma AB
Snellman acted as counsel to PCP in its SEK 350 million term loan to Avia Pharma AB, a Swedish pharma company with sales and marketing organisations in all four Nordic countries executing a buy and build strategy.
PCP provides tailored funding solutions to mid-sized companies in Northern Europe and acts as a strategic financial partner to companies who need additional funds to expand, make acquisitions, refinance their balance sheets, or restructure their operations. Over the last two decades, PCP has engaged and invested in over 130 companies and helped them maximise their potential.
Snellman’s core team included Fredrik Olsson, Maria Orrgard, Ebba Sjölin, Tiia Mäki, and Veera Heiskanen (Finance & Restructuring), Oskar Helsing (Competition & Procurement), and Josephine Lindgren (Employment).
Snellman Counsel to Meko AB (publ) on the Refinancing of Existing Financing Agreements
Snellman acted as counsel to Meko AB (publ) in its refinancing of SEK 1,965,000,000 term loans and amendment and restatement agreement of its revolving credit facility of SEK 1,300,000,000.
Meko AB (publ) (formerly Mekonomen AB) is a market-leading spare parts distributor with well-known concepts and brands in northern Europe.
Snellman’s core team comprised of Fredrik Olsson, Maria Orrgard and Rezan Akkurt.
Snellman Acted as Counsel to PCP in the Provision of an ESG-linked Debt Financing to Kry International AB
Snellman acted as counsel to PCP, who provided an ESG-linked debt financing to Kry International AB, Europe’s market leader in digi-physical healthcare services, as part of their €160m fundraise.
PCP provides tailored funding solutions to mid-sized companies in Northern Europe and acts as a strategic financial partner to companies who need additional funds to expand, make acquisitions, refinance their balance sheets, or restructure their operations. Over the last two decades, PCP has engaged and invested in over 130 companies and helped them maximise their potential.
Kry was co-founded in 2014 by its CEO Johannes Schildt and has become a market leader by enabling patients to access quality healthcare, quickly and efficiently. Working in partnership with healthcare professionals, governments, and partners across Europe, Kry improves patient access to both primary and specialist care via its technology and physical care centres.
Snellman’s core team included Fredrik Olsson, Maria Orrgard, Oscar Bengtsson, Tanja Schnitt, Jenny Lundberg, Lisa Pålsson, Olof Östman, Lars Lundgren, and Andreas Wingren.
Snellman Counsel to Thomas H. Lee Partners in its investment in inriver AB
Snellman acted as counsel to Thomas H. Lee Partners in its investment in inriver AB, a provider of Product Information Management (PIM) software for the world’s leading manufacturers, distributors, and retailers.
Snellman’s core team included Claes Kjellberg, Moa Fritzon Torbjelt, Maja Uppgren, Tanja Schnitt and Nicolina Hultgren Farsani (M&A Private), Mattias Friberg and Khaled Talayhan (M&A Public), Fredrik Olsson, Carolina Wahlby, Maria Orrgard, Albert Danielsson and Oscar Bengtsson (Finance), and Jenny Lundberg (Employment).
Snellman Counsel to Vitec Software Group AB (publ) in its Refinancing and Extension of its Loan Facilities
Snellman acted as counsel to Vitec Software Group AB (publ) in its refinancing and extension of its loan facilities from SEK 1,000 million to SEK 2,500 million from Nordea and SEB.
Vitec is a market leader for vertical market software in the Nordic region. It grows through acquisitions of well-managed and well-established software companies, and it has 1 050 employees based in Denmark, Finland, Norway, and Sweden. Vitec is listed on Nasdaq Stockholm and had net sales of SEK 1,571 million in 2021.
Snellman’s core team comprised of Fredrik Olsson, Maria Orrgard and Albert Danielsson.
Snellman Counsel to NeoGames S.A. in Its Public Offer for Aspire Global plc
Snellman acted as counsel to NeoGames S.A., a global provider of iLottery solutions incorporated in Luxembourg and listed on Nasdaq Stock Exchange in the US, in its recommended public takeover offer for all outstanding shares in Aspire Global plc, a B2B-provider of iGaming solutions incorporated in Malta with its shares listed on Nasdaq First North Premier Growth Market in Sweden. At the time of announcement of the offer, the offer valued Aspire Global plc at approximately SEK 4.3 billion.
Snellman’s advisory team consisted mainly of Ola Åhman, Mattias Friberg, Marcus Lehtinen, Marc Tevell de Falck, Lisa Kindstedt, and Anton Eriksson (Public M&A and Capital Markets); Maria Orrgard (Finance); and Peter Forsberg and David Olander (Competition).
Snellman Counsel to PCP
Snellman acted as counsel to PCP, who provided a five-year senior secured loan facility to Aarke, a Swedish manufacturer of premium carbonators and home appliance accessories for the consumer market. Aarke is a globally recognised brand that combines quality products, premium materials, and a unique design coupled with a clear focus on sustainability.
PCP provides tailored funding solutions to mid-sized companies in Northern Europe and acts as a strategic financial partner to companies who need additional funds to expand, make acquisitions, refinance their balance sheets, or restructure their operations. Over the last two decades, PCP has engaged and invested in over 130 companies and helped them maximise their potential.
Aarke was founded in 2013 by industrial designers Carl Ljungh and Jonas Groth with a focus on design and development of home appliances from premium materials engineered for the everyday use. The first product, the Aarke Carbonator, was launched in December 2016 after four years of development. The company has since then expanded its product range within the carbonated water market while continuing its strong focus on design and quality engineering.
Snellman’s core team included Fredrik Olsson, Maria Orrgard, and Amanda Alexandersson.
Snellman Advised on NP3 Fastigheter AB’s SEK 400 Million Subsequent Bond Issue
Snellman acted as legal counsel on NP3 Fastigheter AB’s subsequent issue of senior unsecured sustainable bonds of SEK 400 million, within a frame amount of SEK 1 billion of which SEK 600 million was already outstanding. NP3 Fastigheter AB is listed on Nasdaq Stockholm, Mid Cap. Nordea Bank Abp and Skandinaviska Enskilda Banken AB acted as joint global coordinators and bookrunners for the subsequent bond issue.
Snellman’s advisory team included Mattias Friberg, Paula Röttorp, Maria Orrgard, Khaled Talayhan, Sofia Bengtsson, Emma Greiff, and Anton Eriksson.
Snellman Counsel to KLAR Partners Limited in the Investment in Oleter Group
Snellman acted as counsel to KLAR Partners Limited in the investment in Oleter Group consisting of OCAB and Frøiland Bygg Skade, market leading providers of property damage restoration services. The investment was made by funds advised by KLAR Partners, a European private equity company focused on investments in companies operating in the business services and light industrials.
Snellman’s core team included Claes Kjellberg, Miklos Kovacs Kal, Emma Andersson, Maria Orrgard, Fredrik Olsson, and Josephine Lindgren.
Advised on NP3 Fastigheter AB’s SEK 600 million bond issue, 2021
Snellman acted as legal counsel on NP3 Fastigheter AB’s issue of senior unsecured sustainable bonds of SEK 600 million, within a frame amount of SEK 1 billion. Nordea Bank Abp and Skandinaviska Enskilda Banken AB (publ) acted as joint global coordinators and bookrunners for the bond issue.
Snellman’s advisory team included Mattias Friberg, Paula Röttorp, Maria Orrgard, Sofia Bengtsson, Emma Greiff, and Anton Eriksson.
Snellman Counsel to Proventus Capital Partners IV AB (publ) in Its SEK 700 Million Loan Facility to MatHem
Snellman acted as counsel to Proventus Capital Partners IV AB (publ) in its SEK 700 million loan facility to MatHem. MatHem is the Swedish market leader in online groceries with revenues of approximately SEK 2.3 billion in 2020, a customer base of around 250 000 persons, and almost 2 million annual deliveries.
Proventus Capital Partners IV AB (publ) provides tailored funding solutions to mid-sized companies in Northern Europe. Proventus Capital Partners IV AB (publ) acts as a strategic financial partner to companies who need additional funds to expand, make acquisitions, refinance their balance sheets, or restructure their operations. Over the last two decades, Proventus Capital Partners IV AB (publ) has engaged and invested in over 130 companies and helped them maximise their potential.
Snellman’s core team included Fredrik Olsson, Maria Orrgard and Sofia Bengtsson (Finance & Restructuring), Jonas Sjöberg and Ebba Almén (Private M&A), and Josephine Lindgren (Employment)
Snellman Counsel to Proventus Capital Partners IV AB (publ) in the Debt Financing of the Ovzon-3 Satellite
Snellman acted as lead counsel to Proventus Capital Partners IV AB (publ) in relation to the debt financing of the Ovzon-3 Satellite. Proventus Capital Partners IV provided a commitment for a six-year senior secured loan of USD 60 million to Ovzon AB (publ), a company headquartered in Sweden, offering revolutionary mobile broadband service via satellite combining high bandwidth with highly mobile terminals. The financing provided by Proventus Capital Partners will partly fund the construction and launch of Ovzon’s first own satellite, Ovzon-3.
PCP provides tailored funding solutions to mid-sized companies in Northern Europe. Over the last two decades, PCP has engaged and invested in over 130 companies and helped them maximise their potential. Snellman’s advisory team included Fredrik Olsson, Maria Orrgard, Sofia Bengtsson, David Smith (Finance & Restructuring), and Mattias Friberg and Khaled Talayhan (Public M&A).
Snellman Advised on Mekonomen AB’s SEK 1.25 Billion Bond Issue
Snellman acted as legal advisor on Mekonomen AB’s issue of senior unsecured bonds of SEK 1.25 billion, within a frame amount of SEK 2 billion, and the listing of the bonds on Nasdaq Stockholm. The bond issue attracted strong interest from Nordic investors and was oversubscribed. The bond proceeds will be used to refinance existing bank debt and for general corporate purposes. Danske Bank, Nordea and SEB acted as joint bookrunners in the transaction.
Mekonomen Group consists of the leading automotive spare-parts chains in the northern Europe, with proprietary wholesale operations, over 470 stores, and almost 3,600 workshops operating under the Group brands. The Group offers a wide and easily accessible range of inexpensive and innovative solutions and products for workshops and car owners.
Snellman’s advisory team included Paula Röttorp, Mattias Friberg, Maria Orrgard, Sanna Böris, Sofia Bengtsson, Marcus Lehtinen, and Anton Eriksson.
Snellman Advokatbyrå AB
Kungsträdgårdsgatan 20
111 47 Stockholm Sweden
P.O. Box 7801
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Business ID: 556757-2101
VAT number: SE556757210101
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