Snellman counsel to IK Partners in its acquisition of Francks Kylindustri
2025
Snellman acted as counsel to IK Partners in its acquisition of Francks Kylindustri, a leading Nordic provider of installation and maintenance of commercial and industrial refrigeration systems, from Segulah V, a fund advised by Amplio Private Equity AB. The investment will be made through the IK X Fund.
Francks Kylindustri is a leading specialist provider of installation and aftermarket services within commercial and industrial refrigeration systems and was founded in 1950 with headquarters in Sweden. The operations have developed from a regional business in Sweden to a group with comprehensive coverage of the Nordics following market entry into Norway, Denmark and Finland. Francks Kylindustri has delivered consistent and profitable growth, both organically and through strategic add-on acquisitions. With the support of IK, the group aims to further consolidate its position in the Nordic market and pursue international expansion, leveraging IK Partners’ operational expertise and proven track record in building scalable, resilient businesses.
The transaction is subject to regulatory approval.
IK Partners is a European private equity firm focused on investments in the Benelux countries, the DACH region, France, the Nordic countries, and the UK. IK supports companies with strong underlying potential, partnering with management teams and investors to create robust, well-positioned businesses with excellent long-term prospects.
For further information, please refer to IK Partners’ press release here.
Snellman’s core advisory team comprised Johanna Wärnberg, Douglas Essehorn, Tanja Schnitt, Carl Tengblad, Elin Boman and Irma Jarlén (Private M&A), Fredrik Olsson, Rezan Akkurt, Lina Lundevall-Brunö and Signe Persson (Finance), Andreas Wingren (Real Assets), Josephine Gjerstad Medina and Nellie Jönsson (Employment), Louise Nordback, Emma Johari and Anna Hultengård (IP & Tech), Philip Thorell and Emma Fröderberg Shaiek (Competition, Procurement & Regulatory).
Snellman counsel to Allshares, a portfolio company of Bregal Milestone, in its acquisition of Bolago
2025
Snellman acted as counsel to Allshares in its acquisition of Bolago, a company offering digital solutions for share programs, option schemes and investments.
Allshares is a global leader in equity and incentive management solutions, providing businesses with advanced software, advisory services and reporting tools. By integrating Bolago’s advanced technology for scenario planning and equity modelling, Allshares will broaden its product offering and further empower companies to manage incentive programs at scale.
Bregal Milestone is a leading European software and technology growth private equity firm with c.€1.3 billion of capital raised since inception. The firm provides growth capital and operational support to build market-leading technology companies.
Snellman’s core advisory team included Claes Kjellberg, Douglas Essehorn, and Nadine Lågland (Private M&A), Lisa Pålsson and Nellie Jönsson (Employment), and Anna Hultengård and Moa Gilbertsson (IP & Technology).
Snellman counsel to Wabtec in the acquisition of Dellner Couplers from EQT
2025
Snellman acted as counsel to Wabtec in the acquisition of Dellner Couplers including its subsidiaries (“Dellner”). Dellner is a globally recognised leading provider of train connection systems for passenger rails, providing safety-critical components and services to rail manufacturers and operators worldwide.
Snellman’s core advisory team comprised Richard Åkerman, Astrid Trolle Adams, Aykut Aslan Yucel and Klara Hasselberg (Private M&A), Nellie Jönsson (Employment), Anna Hultengård and Moa Gilbertsson (IP/Tech), Oscar Bengtsson and Oskar Bragée (Finance) and Angelica Berntsson (Real Estate).
The transaction is subject to customary closing conditions, including regulatory approvals.
Snellman counsel to IK Partners in its acquisition of Tecomatic
2025
Snellman acted as counsel to IK Partners in its acquisition of Tecomatic, a leading Swedish provider of water treatment and erosion control solutions, from PEQ Invest. IK is investing from IK Small Cap III Fund’s dedicated pool of Development Capital, alongside Tecomatic’s management team who will be reinvesting.
Tecomatic is a specialist in protecting critical infrastructure and purifying marine environments, with end-to-end solutions for water treatment and erosion control. Tecomatic was founded in 1985 and is headquartered in Kalmar, Sweden.
The transaction is subject to regulatory approval.
IK Partners is a European private equity firm focused on investments in the Benelux countries, the DACH region, France, the Nordic countries, and the UK. IK supports companies with strong underlying potential, partnering with management teams and investors to create robust, well-positioned businesses with excellent long-term prospects.
For further information, please refer to IK’s press release here.
Snellman’s core advisory team comprised Johanna Wärnberg, Douglas Essehorn, Anna Nordin Pettersson, and Irma Jarlén (Private M&A), Fredrik Olsson, Rezan Akkurt, Lina Lundevall-Brunö, and Charlotte Säker (Finance), Lisa Pålsson (Employment), Martin Rifall and Saga Christiernin (Construction), Peter Forsberg, Emma Fröderberg Shaiek, and Ajda Hasanovic (Competition, Procurement & Regulatory), Angelica Berntsson (Real Assets), and Elisabeth Vestin and Anna Hultengård (IP & Tech).
Snellman counsel to KLAR Partners backed Sandbäckens in its acquisition of Umia Stockholm AB from the Umia Group
2024
Snellman acted as counsel to KLAR Partners backed Sandbäckens in its acquisition of Umia Stockholm AB from the Umia Group. The transaction constitutes Sandbäckens’ largest acquisition of the year and is part of Sandbäckens’ strategy for continued growth within the segments of electricity and ventilation.
Snellman’s core advisory team comprised Claes Kjellberg, Miklos Kovacs Scherlin, Isabelle Vinterskog, Ulrika Wigart, Klara Hasselberg and Sophia Engdahl (Private M&A).
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