Snellman advisor to Vitec Software on its SEK 700 million MTN issuance
2026
Snellman acted as legal advisor to Vitec Software Group AB (publ), a provider of vertical software and an industrial acquirer of software companies, listed on Nasdaq Stockholm (Large Cap), on its placing and issuance of SEK 700 million notes under its Medium Term Note (MTN) programme with a framework amount of SEK 5 billion. The notes were admitted to trading on Nasdaq Stockholm’s Corporate Bond List.
Snellman’s advisory team comprised Carolina H. Wahlby and Lina Lundevall-Brunö (Finance and Restructuring) and Mattias Friberg, Marc Tevell de Falck and Agnes Svensson Backlund (Capital Markets).
Snellman advised Vitec Software Group AB on the establishment of a new financing structure including an MTN programme and a notes issue of SEK 1 billion thereunder
2025
Snellman acted as legal advisor to Vitec Software Group AB (publ), a provider of vertical software and an industrial acquirer of software companies, listed on Nasdaq Stockholm (Large Cap), on the establishment of a new financing structure with Nordea Bank Abp and Skandinaviska Enskilda Banken AB in order to increase financial flexibility and support future acquisitions. The new financing structure includes a multicurrency revolving credit facility of SEK 3 billion and a Medium Term Note (MTN) programme with a framework amount of SEK 5 billion. Snellman also acted as legal advisor in connection with the issue of floating rate senior unsecured notes of SEK 1 billion under the MTN programme, which received very strong investor demand. The notes were admitted to trading on the corporate bond list of Nasdaq Stockholm.
Snellman’s advisory team comprised Carolina H. Wahlby and Lina Lundevall-Brunö (Finance and Restructuring) and Mattias Friberg, Marc Tevell de Falck and Love Holmgren (Capital Markets).
Snellman advised NYAB AB on its acquisition of businesses from Dovre Group Plc
2024
Snellman acted as counsel to NYAB AB, a leading specialised contractor in sustainable infrastructure and renewable energy projects listed on Nasdaq First North Premier Growth Market in Sweden, in connection with its acquisition of Dovre Group Plc’s consulting business in Norway and project personnel businesses across Norway, Asia-Pacific, North America, and the Middle East, together with certain customer contracts and related personnel. The acquisition further strengthens NYAB’s position as a leading provider of engineering, construction, and maintenance services in line with its growth strategy. The acquisition is subject to approval by an Extraordinary General Meeting of Dovre Group Plc.
Snellman’s core advisory team included Mikael Klang, Isabelle Vinterskog, Aykut Aslan Yucel and Adrian Bäck (Private M&A), and Mattias Friberg, Khaled Talayhan and Marc Tevell de Falck (Corporate & Capital Markets).
Snellman legal advisor to the Independent Bid Committee of Fantasma Games in connection with the public offer from EveryMatrix
2024
Snellman advised the Independent Bid Committee of Fantasma Games AB (publ), a game studio based in Stockholm with games available through over 250 operators, in connection with the recommended public offer from EveryMatrix Software Limited to acquire all shares in Fantasma Games, listed on Nasdaq First North Growth Market, for SEK 59 in cash per share. Penser by Carnegie and Carnegie Investment Bank AB (publ) acted as financial advisors to the Independent Bid Committee in connection with the offer.
Snellman’s advisory team comprised Ola Åhman, Khaled Talayhan and Marc Tevell de Falck.
Snellman advised Vitec Software Group AB on its SEK 1.125 billion private placement
2024
Snellman has advised Nordic software company Vitec Software Group AB, listed on Nasdaq Stockholm (Large Cap) on its directed issue and private placement of 2,250,000 new class B shares to Swedish and international professional and institutional investors. The private placement was carried out through an accelerated book-building process, raising proceeds of SEK 1.125 billion before transaction costs, and was significantly oversubscribed. Nordea Bank Abp, filial i Sverige and Skandinaviska Enskilda Banken AB acted as joint global coordinators and joint bookrunners in the private placement.
Snellman’s advisory team comprised Mattias Friberg, Khaled Talayhan, Marc Tevell de Falck and Lisa Kindstedt.
Snellman advisor to NYAB on its ground-breaking cross-border conversion re-domiciliation and simultaneous listing transfer from Finland to Sweden
2024
Snellman acted as legal advisor to NYAB Plc / NYAB AB, a leading specialized contractor of sustainable infrastructure and renewable energy projects, on its re-domiciliation and transfer of listing from Finland to Sweden. The re-domiciliation to Sweden was executed as a cross-border conversion, pursuant to the so-called EU Mobility Directive, whereby NYAB Plc, without being dissolved or liquidated, was converted from a Finnish to a Swedish public limited liability company, NYAB AB, with its registered office in Sweden. The conversion of the shares was implemented by delivery of the converted shares in NYAB AB to the shareholders in the form of so-called link securities in the book-entry securities system maintained by Euroclear Finland Oy, such link securities being exchangeable to shares in NYAB AB issued in the book-entry securities system maintained by Euroclear Sweden AB.
Simultaneously with the cross-border conversion, NYAB Plc’s shares were delisted from Nasdaq First North Growth Market in Finland and NYAB AB’s shares were listed at the Premier segment of Nasdaq First North Growth Market in Sweden. Based on the closing share price on the first day of trading at Nasdaq First North Premier Growth Market in Sweden, 28 June 2024, the market capitalisation of NYAB AB amounted to approximately SEK 7.3 billion.
The transaction is the first EU Mobility Directive based cross-border conversion with a simultaneous cross-border transfer of listing in Europe.
Snellman’s core advisory team included Mattias Friberg, Khaled Talayhan, Marc Tevell de Falck, and Sebastian Sund (Corporate & Capital Markets), and Jenny Lundberg, Josephine Gjerstad Medina, and Nellie Jönsson (Employment).
ABG Sundal Collier acted as financial advisor to NYAB in the cross-border conversion re-domiciliation and listing transfer.
Snellman counsel to Episurf Medical AB on its rights issue of units
2024
Snellman acts as counsel to MedTech company Episurf Medical AB, listed on Nasdaq Stockholm, on its partially secured rights issue of units, each consisting of 15 class B shares and 6 warrants entitling to subscription of additional class B shares. The rights issue raises proceeds of up to approximately SEK 120 million from the issuance of class B shares and, additionally, up to approximately SEK 48 million in case of exercise of the warrants in February 2025. The rights issue is secured by subscription commitments, subscription intentions and guarantee commitments covering approximately SEK 90 million, corresponding to 75 percent of the rights issue. Pareto Securities AB acts as Sole Manager and Bookrunner in the rights issue.
Snellman’s core advisory team includes Mattias Friberg, Khaled Talayhan, Marc Tevell de Falck, Lisa Kindstedt, and Edvin Matton (Corporate & Capital Markets), Elisabeth Vestin and Louise Nordback (IP & Technology), Peter Forsberg (Regulatory).
Swedish counsel to the Marshall Family in the creation of the Marshall Group together with Zound Industries
2023
Snellman acted as Swedish counsel to the Marshall Family, along with Geoffrey Leaver Solicitors, who advised the Marshall Family on the deal itself including all UK aspects of the transaction, in the sale of Marshall Amplification to Zound Industries, in connection with which the Marshall Family will become the largest shareholder of the newly formed Marshall Group.
Since 2010, Zound Industries has been bringing the Marshall brand to a global consumer audience through its range of headphones and wireless speakers sold in over 90 countries. This deal represents the moment that the iconic British brand and its partner, one of Sweden’s most successful profitable growth companies, come together to build the most exciting audio tech powerhouse.
The Marshall Family will own 24% of the newly formed Marshall Group, with Terry Marshall and Victoria Marshall joining the board of the Marshall Group.
The Snellman team included Ola Åhman, Claes Kjellberg, Douglas Essehorn, Anna Nordin Pettersson, Marc Tevell de Falck, and Carl Tengblad (M&A), Jessica Tressfeldt and Louise Nordback (IP & Tech), Ebba Sjölin (Finance), and Lisa Pålsson (Employment).
Snellman advised Vitec Software Group AB on its SEK 834 million private placement
2022
Snellman has advised Nordic software company Vitec Software Group AB, listed on Nasdaq Stockholm (Large Cap), on its directed issue and private placement of 2,200,000 new class B shares to Swedish and international professional and institutional investors. The private placement was carried out through an accelerated book-building process raising proceeds of SEK 834 million before transaction costs and was oversubscribed. Nordea Bank Abp, filial i Sverige and Skandinaviska Enskilda Banken AB acted as joint global coordinators and joint bookrunners in the private placement.
Snellman’s advisory team comprised Mattias Friberg, Khaled Talayhan, Marc Tevell de Falck, and Lisa Kindstedt.
Snellman counsel to Mangold AB in its listing on Nasdaq Stockholm Main Market
2022
Snellman acted as counsel to Mangold AB, a Swedish investment firm providing investment banking as well as private banking services, in relation to its listing on the Nasdaq Stockholm Main Market. Mangold AB transferred to the Main Market from Nasdaq First North Premier Growth Market, on which its shares had been listed since 2012.
Snellman’s advisory team consisted mainly of Ola Åhman, Mattias Friberg, Marcus Lehtinen, Marc Tevell de Falck, and Lisa Kindstedt (Capital Markets, Corporate Advisory, Public M&A); Anna Ribenfors (IP & Tech); Jenny Lundberg, Josephine Lindgren, and Lisa Pålsson (Employment); Albert Danielsson (Finance); and Alexander Lindqvist (Private M&A).
Snellman counsel to NeoGames S.A. in its public offer for Aspire Global plc
2022
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 advised Vitec Software Group AB on its SEK 920 million private placement
2021
Snellman advised Nordic software company Vitec Software Group AB, listed on Nasdaq Stockholm, on its directed issue and private placement of 2,000,000 new class B shares to professional and institutional investors. The private placement was carried out through an accelerated book-building process, raising proceeds of SEK 920 million before transaction costs, and was significantly oversubscribed. Nordea Bank Abp and Skandinaviska Enskilda Banken AB acted as joint global coordinators and joint bookrunners in the private placement.
Snellman’s advisory team comprised Mattias Friberg, Ola Åhman, Khaled Talayhan, Emma Greiff, and Marc Tevell de Falck.
Snellman counsel to Savaria Corporation in its public offer for Handicare Group AB
2021
Snellman advised Savaria Corporation and its acquisition vehicle Savaria (Sweden) AB on its recommended cash offer to the shareholders of Handicare Group AB (“Handicare”) listed on Nasdaq Stockholm. The offer values Handicare at approximately SEK 2.9 billion. Handicare offers solutions to increase the independence of disabled or elderly people to facilitate for their care providers and family.
Our advisory team included Ola Åhman, Mattias Friberg, Sanna Böris, Marcus Lehtinen, and Marc Tevell de Falck (Public M&A and Capital Markets), Fredrik Olsson and Albert Danielsson (Finance), Peter Forsberg, Johan Holmquist, and Sarah Ek (Competition), Itai Coleman and Sofia Widegren (IP/TMT), Anna Bergström and Alexander Lindqvist (Private M&A) and Jenny Lundberg (Employment).
Snellman counsel to SpectrumOne on its acquisition of 28% of the shares in Eniro
2021
Snellman advised SpectrumOne AB, a technology company listed on Nasdaq First North Growth Market, on its acquisition of 28% of the shares and votes in Eniro AB, a Nordic digital marketing and search service company listed on Nasdaq Stockholm. The acquisition makes SpectrumOne the largest shareholder of Eniro. The acquisition comprised in aggregate 188,862,265 series A preference shares, corresponding to 28% of the outstanding shares and votes in Eniro, from sellers Theodor Jeansson, MGA Placeringar AB, Hajskäret Invest AB, Martin Bjäringer, Thomas Krishan, and Patrik Enblad. The aggregate purchase price amounted to SEK 160 million, of which SEK 61 million was paid in cash and SEK 107 million in the form of vendor notes. For the purpose of the acquisition, SpectrumOne took out bridge loans in the amount of SEK 55 million. SpectrumOne intends to refinance the vendor notes and the bridge loans through a SEK 160 million new issue of shares with preferential rights for SpectrumOne’s shareholders.
Snellman’s advisory team included Mattias Friberg, Khaled Talayhan, and Marc Tevell de Falck.
Snellman counsel to Copperstone Resources on its SEK 160 million rights issue
2021
Snellman has advised Copperstone Resources AB (publ), a mineral exploration company focused on base and precious metal exploration in northern Sweden, on its SEK 160 million issue of new shares with preferential rights for existing shareholders, including a potential over-allotment share issue of additionally up to SEK 10 million. Through free-of-charge taking over and placing subscription rights from the company’s largest shareholder Sunstone Metals Ltd, which will not subscribe for its prorate share in the rights issue, the company has cost-efficiently obtained subscription undertakings corresponding to 51 per cent of the rights issue with and without subscription rights.
Snellman’s advisory team comprised Christoffer Saidac, Mattias Friberg, Khaled Talayhan, Emma Greiff, Marcus Lehtinen, and Marc Tevell de Falck.
Snellman Counsel to Episurf Medical AB on Its Private Placement of New Shares
2020
Snellman acted as counsel to medtech company Episurf Medical AB, listed on Nasdaq Stockholm, on its SEK 159 million directed issue and private placement of new series B shares to institutional investors. The private placement was directed mainly at Health Runner AB, a company controlled by Ilija Batljan, which invested approximately SEK 125 million and owns approximately 13 per cent of the total number of shares in Episurf Medical AB after the share issue, and at a limited number of institutional investors, such as Fjärde AP-fonden and Rhenman Healthcare Equity L/S. Zonda Partners AB acted as financial advisor in connection with the private placement.
Snellman’s advisory team comprised Mattias Friberg, Khaled Talayhan, Marc Tevell de Falck, and Lisa Kindstedt
Snellman counsel to consortium led by Paradigm Capital on its public offer for Internationella Engelska Skolan
2020
Parties
Paradigm Capital Value Fund SICAV, Internationella Engelska Skolan i Sverige Holdings II AB (“IES”)
Transaction
Counsel to consortium led by Paradigm Capital on its public offer for Internationella Engelska Skolan
Deal Value
The offer values IES at approximately 3.3 Billion
Role
Counsel to Consortium Led by Paradigm Capital
Professional Background
Education
