Snellman acted as counsel to the owners of Subset, a specialized cybersecurity and secure software development firm delivering services to clients in defence, critical infrastructure and other essential sectors, in the divestment of Subset to IK Partners-backed Truesec Group.

The transaction marks a further strengthening of Truesec’s position as a comprehensive cybersecurity provider, while enabling Subset to continue its development as part of the group.

Snellman’s core advisory team comprised Miklos Kovacs Scherlin and Emma Andersson (Private M&A), Philip Thorell and Veronica Thurin (Competition, Procurement & Regulatory), Josephine Gjerstad Medina and Nellie Jönsson (Employment), and Louise Nordback and Moa Gilbertsson (IP&Tech).