Caroline Sundberg

Partner | Stockholm

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.

Contact

Mobile:

+46 760 000 004

caroline.sundberg@snellman.com

Fintech | Legal 500, 2024

Caroline Sundberg stands out as a person who is obviously able to leverage her experience from a deep understanding of privacy law, to provide holistic insights into new regulation and become a thought leader in Sweden in this area. She has an ability to quickly bring the clients focus to the right issues (which requires a lot of experience).

References

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).

Miklos Kovacs Scherlin

Partner | Stockholm

+46 760 000 040

Alexander Lindqvist

Senior Associate | Stockholm

+46 760 000 021

Emma Greiff

Senior Associate | Stockholm

+46 760 000 050

Caroline Sundberg

Partner | Stockholm

+46 760 000 004

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).

Emma Andersson

Senior Associate | Stockholm

+46 760 000 090

Angelica Berntsson

Associate | Stockholm

+46 760 000 052

Elin Boman

Associate | Stockholm

+46 760 000 094

Douglas Essehorn

Senior Associate | Stockholm

+46 760 000 015

Peter Forsberg

Partner | Stockholm

+46 760 000 080

Josephine Gjerstad Medina

Senior Associate | Stockholm

+46 760 000 074

Sofia Granberg

Associate | Stockholm

+46 760 000 032

Nicolas Günthardt

Associate | Stockholm

+46 760 000 047

Carolina H. Wahlby

Partner | Stockholm

+46 760 000 070

Nellie Jönsson

Associate | Stockholm

+46 738 088 799

Claes Kjellberg

Partner | Stockholm

+46 760 000 082

Fredrik Olsson

Managing Partner | Stockholm

+46 760 000 006

Ulrika Wigart

Associate | Stockholm

+46 760 000 063

Aykut Aslan Yucel

Associate | Stockholm

+46 738 088 792

Caroline Sundberg

Partner | Stockholm

+46 760 000 004

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).

Douglas Essehorn

Senior Associate | Stockholm

+46 760 000 015

Peter Forsberg

Partner | Stockholm

+46 760 000 080

Carolina H. Wahlby

Partner | Stockholm

+46 760 000 070

Sara Heikfolk

Senior Associate | Stockholm

+46 760 000 066

Claes Kjellberg

Partner | Stockholm

+46 760 000 082

Alexander Lindqvist

Senior Associate | Stockholm

+46 760 000 021

Jenny Lundberg

Partner | Stockholm

+46 760 000 041

Nadine Lågland

Associate | Stockholm

+46 760 000 054

Louise Nordback

Associate | Stockholm

+46 760 000 059

Anna Nordin Pettersson

Associate | Stockholm

+46 760 000 060

Ulrika Wigart

Associate | Stockholm

+46 760 000 063

Andreas Wingren

Associate | Stockholm

+46 760 000 038

Caroline Sundberg

Partner | Stockholm

+46 760 000 004

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.

Sara Heikfolk

Senior Associate | Stockholm

+46 760 000 066

Louise Nordback

Associate | Stockholm

+46 760 000 059

Anna Ribenfors

Counsel | Stockholm

+46 760 000 002

Philip Thorell

Managing Associate | Stockholm

+46 0760 000 030

Elisabeth Vestin

Partner | Stockholm

+46 760 000 009

Olof Östman

Associate | Stockholm

+46 760 000 014

Caroline Sundberg

Partner | Stockholm

+46 760 000 004

Jessica Tressfeldt

Senior Associate | Stockholm

+46 760 000 028

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).

Josephine Gjerstad Medina

Senior Associate | Stockholm

+46 760 000 074

Mikael Klang

Partner | Stockholm

+46 760 000 008

Alexander Lindqvist

Senior Associate | Stockholm

+46 760 000 021

Jenny Lundberg

Partner | Stockholm

+46 760 000 041

Lisa Pålsson

Associate | Stockholm

+46 760 000 044

Andreas Wingren

Associate | Stockholm

+46 760 000 038

Caroline Sundberg

Partner | Stockholm

+46 760 000 004

Jessica Tressfeldt

Senior Associate | Stockholm

+46 760 000 028

Snellman Counsel to Vitec Software Group AB (publ) in the Acquisition of Unikum Datasystem Aktiebolag

2021

Rankings

Ranked as Next Generation Partner in The Legal 500 EMEA - 2024 edition. Clients say "Caroline Sundberg is very experienced, skilled and responsive to clients’ needs and circumstances. She is also a great communicator and negotiator." and "Caroline Sundberg is a GDPR supernova and super skilled lawyer. She will always be a go-to-person in terms of data privacy.".
Ranked in Chambers and Partners Europe 2024, Clients says "Caroline is on top of the developments of GDPR and can always provide a risk-based, no-nonsense answer. She has a commercial approach, meaning that her advice works in reality."
Ranked as "Next Generation Partners", client says "Caroline Sundberg is one of the best in her area. Whenever seeking advice, she answers directly and to the point" and "Caroline Sundberg is true pleasure to work with. Her extensive knowledge, clear-cut advice and brilliant negotiation skills stand out among peers", Data Privacy and Data Protection, Legal 500, 2023
Ranked as "Up and Coming" and "Spotlight", a client says: "Caroline stands out in her ability to quickly adapt to the clients' needs, her expertise and her practical experience of delivering high-quality work.", Data Protection and Information Technology, Chambers Europe, 2023
Ranked as Thought Leader, Global Leader, and National Leader among the World’s Highest Ranked Data Lawyers in the Who’s Who Legal Data 2022 edition
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
Ranked as Rising Star in IT and Telecoms, Client says: "Caroline Sundberg is excellent counsel with a deep knowledge and experience in outsourcing matters, in particular in the banking sector. In my view, she also has partner profile." Legal 500, 2021
Recommended in Data Privacy and Data Protection, Client says: "Caroline Sundberg – Was helping us with GDPR. We felt very confident with here great knowledge in this area. Great engagement." Legal 500, 2021
Recommended in Intellectual Property and Media, Legal 500, 2021
Ranked as Up and Coming, Information Technology, Chambers Europe, 2021
Recognised among the World’s highest ranked Data Lawyers in the Who’s Who Legal Data 2021 edition
"Elisabeth Vestin and counsels Caroline Sundberg and Anna Riberfors handle the full range of matters including sourcing and outsourcing agreements, data processing agreements, cloud services procurements and e-commerce law mandates.", IT and Telecoms, Legal 500, 2020
Recommended in IT and Telecoms, Legal 500, 2019

Memberships and Positions of Trust

Member of the International Chamber of Commerce – Digital Finance Committee (ICC Sweden)
Member of the Swedish Bar Association, 2013
Member of the Data Protection Forum (Sw: Forum för dataskydd)
Member of the ITechLaw Organization

Publications

Co-author of the Nordic Yearbook of Law and Informatics 2020–2021: Law in the Era of Artificial Intelligence, 2022
Co-author of the Swedish chapter in the Global Legal Insights: AI, Machine Learning & Big Data Laws and Regulations, 2022
The Confederation of Swedish Enterprise’s EU Data Strategy and Data Sharing Report, 2021
Global Legal Insights to Artificial Intelligence, Machine Learning & Big Data, 2020
Snellman Fashion Law Review - Edition 1, 2020

Education and Professional Background

Partner, Snellman, Stockholm, 2024
Specialist Partner, Snellman, Stockholm, 2021
Counsel, Snellman, Stockholm, 2018
Senior Associate, Delphi, Stockholm, 2013–2018
Secondment, Skandinaviska Enskilda Banken AB (publ), 2010-2011
Associate, Vinge, Stockholm, 2008-2013
Associate/Trainee, Lindahl, Stockholm, 2007-2008
Jur. kand. (LL.M), University of Uppsala, 2007

Snellman counsel to Systematic Growth in connection with its investment into Klarna Checkout

08/10/2024

Snellman local Counsel to Mastercard in its purchase of Minna Technologies AB

Snellman Counsel to Allvida (backed by Systematic Growth) in its Acquisition of Dahl Engineering

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The website is intended for information purposes only. It should not be relied upon as legal advice nor should it be used as a basis for any action or decision.

Snellman Advokatbyrå AB
Kungsträdgårdsgatan 20
111 47 Stockholm Sweden

P.O. Box 7801
103 96 Stockholm Sweden

Business ID: 556757-2101
VAT number: SE556757210101 

Tel: +46 760 000 000
E-invoicing:  EDI
ID: SE556757210101 
Operator: Basware 
Operator ID: BAWCFI22

Caroline Sundberg

Partner | Stockholm

Contact

Mobile:

+46 760 000 004

caroline.sundberg@snellman.com

References

Read more

Snellman counsel to Systematic Growth in connection with its investment into Klarna Checkout

Snellman local Counsel to Mastercard in its purchase of Minna Technologies AB

Snellman Counsel to Allvida (backed by Systematic Growth) in its Acquisition of Dahl Engineering

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