Caroline Sundberg heads Snellman’s data, cyber security and privacy team.
She advises on IT and technology law, focusing on data privacy (GDPR), digital compliance, cybersecurity, and commercial agreements.
Caroline has considerable experience of matters related to drafting, interpreting, negotiating and disputing commercial agreements related to data, artificial intelligence (AI) tech and other digital products and services. Additionally, she provides guidance to financial institutions and government agencies regarding cloud services and outsourcing.
Her expertise and deep understanding of privacy law make her a thought leader in Sweden in this field.
Snellman Counsel to Bonnier Capital in its additional investment in Vertiseit AB (publ), in connection with Vertiseit’s acquisition of Visual Art, thereby becoming the largest shareholder
2024
Snellman acted as counsel to Bonnier Capital in its SEK 200 million investment in its existing portfolio company Vertiseit, listed on Nasdaq First North, thereby becoming the largest shareholder in Vertiseit. In connection with Bonnier Capital’s investment, Vertiseit acquired the Swedish company Visual Art for a purchase price of approximately SEK 469 million.
Snellman’s core advisory team comprised Miklos Kovacs Scherlin and Alexander Lindqvist (Private M&A), Emma Greiff (Public M&A), and Caroline Sundberg (IP & Tech).
Counsel to Thoma Bravo in Its Growth Investment in Hypergene
2023
Snellman acted as counsel to Thoma Bravo in its growth investment in Hypergene, a Swedish software-as-a-service company for planning and performance management. As part of the investment, Thoma Bravo acquires a majority stake from Monterro and other minority shareholders.
Hypergene, headquartered in Malmö, and with over 200 people employed across eight offices in Sweden, Norway, and Germany, is one of the larger players in Corporate Performance Management and Project & Portfolio Management (xP&A) in Northern Europe.
Thoma Bravo, one of the largest software investors in the world, has a 20-plus year history of providing capital and support to high-growth software businesses. This is Thoma Bravo’s third investment by its Europe-based team, and the first platform acquisition of a Swedish company.
Our team included Claes Kjellberg, Douglas Essehorn, Emma Andersson, Ulrika Wigart, Elin Boman, and Aykut Yucel (Private M&A), Fredrik Olsson, Carolina Wahlby and Sofia Granberg (Finance), Caroline Sundberg and Nicolas Günthardt (IP & Technology), Peter Forsberg and Sarah Ek (Competition & Regulatory), Josephine Gjerstad Medina and Nellie Jönsson (Employment), and Angelica Berntsson (Real Assets).
Snellman Acted as Counsel to Magnet Forensics, Backed by Thoma Bravo, in the Acquisition of Griffeye
2023
Snellman acted as counsel to Magnet Forensics, backed by Thoma Bravo, in the acquisition of Griffeye from Safer Society Group.
Griffeye, based in Gothenburg, Sweden, and founded in 2015, is a leader in digital media forensics for child sexual abuse investigations.
Magnet Forensics is a developer of digital investigation solutions that acquire, analyze, report on, and manage evidence from digital sources, including mobile devices, computers, IoT devices and cloud services. Magnet Forensics is backed by Thoma Bravo, one of the largest software investors in the world.
Snellman’s team was led by Claes Kjellberg and Douglas Essehorn (Private M&A), and it also included Alexander Lindqvist, Nadine Lågland, Anna Nordin Pettersson, and Ulrika Wigart (Private M&A), Carolina Wahlby and Rezan Akkurt (Finance), Caroline Sundberg, Sara Heikfolk, and Louise Nordback (IP & Technology), Jenny Lundberg (Employment), Peter Forsberg and Lars Lundgren (Competition), and Andreas Wingren (Real Assets).
Snellman Counsel to Paulig in Their Strategic Digitalisation Programme
2022
Snellman acted as a counsel to Paulig, a family-owned international company in the food and beverage industry, in their strategic digitalisation programme. We assisted Paulig with drafting and negotiating implementation project agreements and licence and cloud service agreements with international vendors of Enterprise Resource Planning Systems (ERP), Manufacturing Execution Systems (MES), and Integrated Business Planning (IBP) software.
“We at Paulig are confident that our contracts going forward will support a successful journey with our vendors due to the professional and high quality work by Snellman’s team”, says Marika Lindström, Chief Information Officer at Paulig.
This is the fifth large-scale strategic digitalisation project in the past three years in which Snellman’s IP & Technology team has acted as counsel. The total value of these technology/digitalisation projects exceeds EUR 12 billion.
Snellman Counsel to SEB Private Equity in Its Partnership with Eatery
2021
Snellman acted as counsel to SEB Private Equity in its investment in and partnership with Eatery. Eatery is a Swedish fast-growing concept chain with conferences, restaurants, cafés, evening restaurants, and food delivery to the public sector. Eatery has eight restaurants and conference facilities and ten production kitchens. SEB Private Equity is part of SEB, which focuses on developing companies such as Eatery through close collaboration with entrepreneurs and management teams.
Our advisory team included Mikael Klang, Jonas Sjöberg, Ebba Almén and Alexander Lindqvist (Private M&A); Caroline Sundberg and Jessica Tressfeldt (IP & Technology); Jenny Lundberg, Josephine Lindgren, and Lisa Pålsson (Employment); and Andreas Wingren (Real Assets).
Snellman Counsel to Vitec Software Group AB (publ) in the Acquisition of Unikum Datasystem Aktiebolag
2021
Snellman acted as counsel to Vitec Software Group AB (publ), in the acquisition of Unikum Datasystem Aktiebolag, a Swedish business system developer.
Snellman’s core team included Claes Kjellberg, Johanna Wärnberg, Julia Wegelius, Josephine Lindgren, Ebba Almén, Linn Alfredsson, Alexander Lindqvist, and Caroline Sundberg.
Ranked as Up and Coming, Information Technology, a client says: "She works fast, is an all-round lawyer and can help in many different situations. She is also on time and delivers useful results." Chambers Europe, 2022
Ranked as Rising Star in IT and Telecoms, Legal 500, 2022
Snellman Advokatbyrå AB
Kungsträdgårdsgatan 20
111 47 Stockholm Sweden
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103 96 Stockholm Sweden
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