Douglas is a senior associate in the Stockholm office, mainly focusing on private equity and private M&A. He is regularly involved in acquisitions, divestments, leveraged buyouts, add-ons, carve-outs, mergers and equity financing rounds, representing both private equity and industrial clients.
In addition, Douglas advises clients on general corporate and commercial law matters.
Snellman acted as counsel to Odevo’s management team and minority shareholders in connection with the reinvestment in Odevo alongside Fidelio Capital and CVC Capital Partners
Snellman acted as counsel to Odevo’s management team and minority shareholders in connection with CVC funds joining the existing group of investors in Odevo, which include Fidelio and Odevo’s existing management team.
Established in 2018 by Fidelio and Odevo’s management team, the Odevo Group is now a fast-growing, tech-enabled residential property management company, with more than 7,000 employees and an annual revenue of EUR 650 million.
Snellman’s advisory team included Mikael Klang, Douglas Essehorn, and Tanja Schnitt (Private M&A)
Snellman Counsel to Responda Group, a Portfolio Company of IK Partners, in its Acquisition of iTell AB’s Customer Base
Snellman acted as counsel to Responda Group, a portfolio company of IK Partners, in its acquisition of iTell AB’s customer base.
Responda Group is a leading provider of answering and customer services, committed to delivering value-creating customer experiences and strengthening relationships through innovative, efficient, and high-quality customer service.
The strategic acquisition of iTell AB’s customer base further strengthens Responda Group’s position as the Nordic market leader in answering services and provides customers with access to Responda Group’s full range of services, offering them broader and more diverse service options.
For further information, please refer to Responda Group’s press release here.
Snellman’s core advisory team comprised Johanna Wärnberg, Douglas Essehorn, and Aykut Aslan Yucel (Private M&A).
Snellman counsel to Hypergene, a portfolio company of Thoma Bravo, in the acquisition of Thinking Portfolio
Snellman acted as counsel to Swedish SaaS company Hypergene AB, backed by Thoma Bravo, in its entry into the Finnish market through the acquisition of Thinking Portfolio Oy.
Thinking Portfolio offers a platform solution focused on strategic project and portfolio management, which strengthens Hypergene’s offering in strategic portfolio management by supplementing the company’s existing product range related to financial and strategic planning, project management, and reporting and analysis.
Snellman’s advisory team included Claes Kjellberg, Douglas Essehorn, and Elin Boman (Private M&A).
Snellman Counsel to Responda Group, a Portfolio Company of IK Partners, in the Acquisition of K2C
Snellman acted as counsel to Responda Group, a portfolio company of IK Partners, in its strategic acquisition of K2C in Sweden AB (“K2C”). Responda Group’s acquisition of K2C is expected to create synergies that will benefit existing and new customers through improved customer service, flexibility, and a broader service offering.
Snellman’s advisory team included Johanna Wärnberg, Douglas Essehorn, Anna Nordin Pettersson, and Adrian Bäck (Private M&A), Lisa Pålsson, and Nellie Jönsson (Employment), and Louise Nordback, and Sara Domeij (IP & Tech).
Snellman Counsel to Revelop on Property Financing Transactions
Snellman acted as counsel to Revelop in several financings for Revelop in connection with acquisition of properties.
Revelop has long track-record of outperformance from investing in urban industrial, mixed-use and social infrastructure assets with repositioning and development potential. Revelop aims to invest in properties that can be made resilient for the future through various ESG initiatives such as substantial carbon footprint reduction, enhanced energy efficiency and environmental accreditation, as well as generating positive social impact.
Snellman’s core advisory team comprised Maria Orrgard, Joel Montin, Albert Danielsson, Johan Erlandsson, and Lina Lundevall-Brunö (Finance & Restructuring), Angelica Berntsson (Real Estate), and Douglas Essehorn, and Elin Boman (Private M&A).
Snellman Counsel to Responda Group, a Portfolio Company of IK Partners, in the Acquisition of Call4U Solution Center AB
Snellman Sweden acted as counsel to Responda Group, a portfolio company of IK Partners, in the acquisition of Call4U Solution Center AB (“Call4U”). Call4U is a customer service company focusing on the e-commerce and media sectors.
For further information, please refer to Responda Group’s press release here.
Snellman’s core advisory team comprised Johanna Wärnberg, Douglas Essehorn, and Anna Nordin Pettersson (Private M&A).
Snellman Counsel to Aspia’s Management Team and Partners in Connection with Vitruvian Partners’ Acquisition of Aspia
Snellman acted as counsel to Aspia’s management team and partners in connection with the sale of Aspia from IK Partners’ IK VIII Fund to Vitruvian Partners, and the related management team and partner reinvestment alongside Vitruvian.
Aspia is a leading business partner offering technology-enabled accounting, payroll, tax and advisory services within the Nordic region.
Vitruvian is a leading international investment firm with offices across London, Stockholm, Munich, Madrid, Luxembourg, San Francisco and Shanghai, focusing on dynamic situations characterised by rapid growth and change across industries. Vitruvian has backed over 80 companies and has assets under management of approximately EUR 15 billion. Vitruvian has a strong presence in the Nordics with an established office in Stockholm and a track record of fifteen investments across the region.
Snellman’s team included Mikael Klang, Douglas Essehorn, Anna Nordin Pettersson, and Elin Boman (Private M&A).
Counsel to Thoma Bravo in Its Growth Investment in Hypergene
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
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 SEB Private Equity in Its Divestment of VaccinDirekt
Snellman acted as counsel to SEB Private Equity, minority shareholders and management in the divestment of VaccinDirekt, the largest retail vaccination provider in the Nordics with over 50 walk-in and mobile vaccination clinics in Sweden and Finland, to the Nordic investment company Impilo.
Snellman’s core advisory team on the divestment comprised Mikael Klang, Astrid Trolle Adams, Annika Schauman, Jonas Sjöberg, Alexander Lindqvist, Emma Andersson, Santeri Jääskeläinen, and Emma Johari, (Private M&A), Sara Heikfolk and Louise Nordback (IP & Tech), Angelica Berntsson (Real Estate), Jenny Lundberg and Jens Rönneholm (leave of absence) (Employment), and Elisa Viiri, Oscar Bengtsson, and Amanda Alexandersson (Finance).
Snellman’s core advisory team on management’s reinvestment comprised Miklos Kovacs Kal and Douglas Essehorn (Private M&A).
Snellman Counsel to Tokmanni in its Acquisition of Dollarstore
Snellman acted as counsel to Tokmanni in its acquisition of Dollarstore, one of the leading Swedish discount retail chains.
Dollarstore is one of the largest discount retailers in Sweden, operating through approx. 130 stores across Sweden and two stores in Denmark. Dollarstore’s revenue totalled approximately EUR 394 million for the financial year ending on 31 January 2023.
Tokmanni is Finland’s leading variety discount retailer, with a revenue of EUR 1,168 million in 2020. Tokmanni’s shares are listed on Nasdaq Helsinki.
Snellman’s cross-border team included Claes Kjellberg, Douglas Essehorn, Alexander Lindqvist, Tanja Schnitt, and Carl Tengblad (Private M&A), Mikael Stabo, Abiram Soma, and Angelica Bengtsson (Real Assets), Antti Kuha, Annemari Rosi, and Julius Lempiäinen (Public M&A), Elisabeth Vestin and Olof Östman (IP & Technology), Carolina Wahlby, Rezan Akkurt, and Sofia Granberg (Finance), and Peter Forsberg, Philip Thorell, and Sarah Ek (Competition & Procurement).
Snellman Counsel to Responda Group, a Portfolio Company of IK Partners, in the Acquisition of H1 Communication
Snellman acted as counsel to Responda Group, a portfolio company of IK Partners, in the acquisition of H1 Communication.
Responda Group is a leading provider of answering and customer services with a passion to deliver value-creating customer experiences and strengthen relations through innovative, efficient, and qualitative customer service. The strategic acquisition of H1 is an important milestone in Responda Group’s growth agenda and strengthens its position as a leading supplier of outsourced customer service in the Nordics.
For further information, please refer to IK Partners’ press release here
Snellman’s core advisory team comprised Johanna Wärnberg, Miklos Kovacs Kal, Douglas Essehorn, and Nadine Lågland (Private M&A), Jenny Lundberg and Jens Rönneholm (Employment), Filip Åhsberger and Louise Nordback (IP & Tech), Johan Erlandsson (Finance), and Angelica Berntsson (Real Assets).
Swedish Counsel to the Marshall Family in the Creation of the Marshall Group Together with Zound Industries
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 Counsel to Equip Capital in the Acquisition of Remagruppen
Snellman acted as counsel to Nordic private equity firm Equip Capital in the acquisition of Remagruppen.
As the new principal owner in Remagruppen, Equip Capital will assist Remagruppen to reach continued growth and realise the vision of becoming the leading Nordic player in sustainable property-related services within external property maintenance and service. Remagruppen’s management team, including Niclas Winberg (CEO and founder), and NEA Partners are reinvesting in Remagruppen alongside Equip.
Our core team comprised Johanna Wärnberg, Douglas Essehorn, Tanja Schnitt, and Ulrika Wigart (Private M&A), Lisa Pålsson (Employment), Ebba Sjölin (Finance), Andreas Wingren (Real Assets), and Olof Östman and Louise Nordback (IP & Tech).
Snellman Counsel to Equip Capital in Its Investment in Stenbolaget
Snellman acted as counsel to Equip Capital, a Nordic private equity firm, in its investment in Stenbolaget Sverige AB, a Swedish stone supplier.
Stenbolaget produces and sells stone and stone products to private and professional customers. The production is carried out by Stenbolaget’s wholly-owned Turkish subsidiary, which has, among other things, certifications from SMETA.
Snellman’s core advisory team comprised Johanna Wärnberg, Douglas Essehorn, Nadine Lågland, and Nicolina Hultgren Farsani (Private M&A), Josephine Lindgren and Jens Rönneholm (Employment), Carolina Wahlby and Amanda Alexandersson (Finance), Andreas Wingren (Real Assets), Olof Östman (IP & Tech), and Philip Thorell and Sarah Ek (Competition & Regulatory).
Snellman Counsel to IK Partners in Its Investment in Responda Group
Snellman acted as counsel to IK Small Cap III Fund (“IK”) in its investment in Responda Group, a leading provider of business process outsourcing services to small and medium-sized enterprises in Sweden. IK is investing from its dedicated pool of development capital.
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, supporting 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, Miklos Kovacs Kal, Douglas Essehorn, Anna Nordin Pettersson, and Ulrika Wigart (Private M&A), Fredrik Olsson, Albert Danielsson, and Johan Erlandsson (Finance & Regulatory), Lisa Pålsson (Employment), and Filip Åhsberger and Olof Östman (IP & Tech).
Snellman Counsel to Aneo in the Acquisition of Two Wind Farms in Sweden from Marguerite Infrastructure
Snellman acted as counsel to Aneo, a Norway-based company operating in renewable energy sector owned by TrønderEnergi and HitecVision, in the acquisition of two wind farms in Sweden from Marguerite Infrastructure, a pan-European investor in long-life infrastructure focused on greenfield and brownfield expansion initiatives. This is Aneo’s first investment in renewable energy production outside Norway.
This transaction was carried out as a part of Snellman’s multidisciplinary approach in core areas of legal work relating to green economy, sustainability, ESG, renewable energy projects, natural resources, and infrastructure. Our cross-border team includes experienced lawyers with a business understanding of different parts of the green projects and sustainability sectors and expertise in all fields of evolving green economy, such as ESG, project development, project finance, construction, real estate, energy regulation, environment, planning and regulation, procurement, state aid regulations, M&A, private equity and dispute resolution.
Snellman’s core advisory team comprised Johanna Wärnberg, Douglas Essehorn, Alexander Lindqvist, Nadine Lågland and Emma Johari (Private M&A), Mikael Stabo and Andreas Wingren (Real Assets), and Fredrik Olsson and Rezan Akkurt (Finance & Restructuring)
Snellman Counsel to Bare Collective in Its Acquisition of Leander
Snellman acted as counsel to Bare Collective in its acquisition of Leander, a Danish design and manufacturing company specialising in high-quality children’s furniture. Leander’s products are designed to make a difference in the everyday lives of children and their parents and to stimulate play, movement, and creativity. Bare Collective is a group of companies founded in 2020 with the vision that responsible, circular consumption should be the norm, not the exception. The Bare Collective group offers a wide range of sustainable products for modern and conscious parents, such as soothers, wooden toys, children’s furnishings, cloth nappies and menstrual protection.
Bare Collective is founded and owned by Swedish private equity firm Pivot.
Snellman’s advisory team comprised Mikael Klang, Douglas Essehorn, and Nadine Lågland (Private M&A).
Snellman Counsel to Gores Guggenheim, Inc. in its Closing of Business Combination with Polestar
Snellman acted as counsel to Gores Guggenheim, Inc., a special purpose acquisition company (SPAC) formed by the affiliates of The Gores Group and Guggenheim Capital, LLC, in its business combination with the global electric performance car company Polestar. The transaction implies an equity value of approximately USD 20 billion for Polestar. The combined company will retain the Polestar name and will commence trading on the Nasdaq under the new ticker symbol ‘PSNY’ on June 24, 2022.
Polestar is a Swedish premium electric performance car brand, headquartered in Gothenburg and founded by Volvo Cars and Geely Holding. Polestar’s vehicles are available and on the road in fourteen active global markets across Europe, North America, and China.
Gores Guggenheim, Inc. completed its initial public offering in April 2021, raising approximately USD 800 million in cash proceeds. Gores Guggenheim’s strategy is to identify and complete business combinations with market leading companies with strong equity stories that will benefit from the growth capital of the public equity markets and be enhanced by the experience and expertise of Gores’ and Guggenheim’s long history and track record of investing in and operating businesses.
Snellman acted as a legal advisor to Gores Guggenheim, Inc. together with Weil, Gotshal & Manges LLP.
Snellman’s advisory team included Richard Åkerman, Douglas Essehorn, Iiris Ikkelä, and Alexander Lindqvist (M&A), Elisabeth Vestin and Anna Ribenfors (IP & Tech), Josephine Lindgren and Lisa Pålsson (Employment), Fredrik Olsson and Sofia Bengtsson (Finance), and Andreas Wingren (Real Estate).
Snellman Counsel to the Kingdom of Sweden in the Sale of Orio AB
Snellman acted as counsel to the Kingdom of Sweden in the sale of Orio AB to Hedin Mobility Group AB.
Orio AB is a logistics and spare parts company with roots in the Swedish car industry. Orio is the exclusive global supplier of Saab Original spare parts through a global network in Europe, North America, Asia and Australia.
Snellman’s core advisory team comprised Claes Kjellberg and Douglas Essehorn (Private M&A), Peter Forsberg, Oskar Helsing and Lars Lundgren (Competition & Procurement).
Snellman Counsel to Equip and Vendis in the Acquisition of Mountain Village to Create House of Discs, a New Powerhouse Within the Disc Golf Industry
Snellman acted as counsel to Equip Capital and Vendis Capital, two leading private equity funds with a strong expertise in consumer goods in their investment in Mountain Village, a leading European producer and group of disc golf brands, including Latitude 64, Westside Discs and Kastaplast. As part of the transaction, Equip and Vendis invest alongside the founders becoming the majority shareholders of Mountain Village to create House of Discs, a new powerhouse within the disc golf industry. The transaction unites a number of leading disc golf brands and builds on strong pillars of branding, marketing, production, R&D, distribution and course building.
Our core team comprised Johanna Wärnberg, Douglas Essehorn, Anna Nordin Pettersson, Nicolina Hultgren Farsani (M&A), Carolina Wahlby, Rezan Akkurt and Ebba Sjölin (Finance), Lisa Pålsson (Employment), and Olof Östman (IP & Tech).
Snellman Counsel to the Kingdom of Sweden in the Sale of Metria AB
Snellman acted as counsel to the Kingdom of Sweden in the sale of Metria AB to Sikri Holding AS.
Metria is a Swedish provider of GIS, geodata, business and real estate information and planning and surveying services to authorities, municipalities and companies. Metria was established in 2011 following a corporatization of a division of the Swedish Mapping, Cadastral and Land Registration Authority (Sw. Lantmäteriet).
Snellman’s core advisory team comprised Claes Kjellberg, Johanna Wärnberg, Douglas Essehorn, Alexander Lindqvist, Nicolina Hultgren Farsani, and Anna Wahlbeck (Private M&A), Peter Forsberg, Oskar Helsing and Lars Lundgren (Competition & Procurement), Andreas Wingren (Real Estate), Jenny Lundberg and Lisa Pålsson (Employment), Elisabeth Vestin and Jessica Tressfeldt (IP & Tech), and Julia Nordgren (Dispute Resolution).
Snellman Counsel to IK Partners in Its Investment in Sitevision AB
Snellman acted as counsel to the IK Small Cap III Fund (“IK”) in its investment in Sitevision AB (“Sitevision”), a leading Swedish content management system (“CMS”) and intranet solution provider. IK is investing from its dedicated pool of development capital and is acquiring its stake from the founders Anders Korsvall, Karl Eklöf, and Niclas Hedlund, all of whom will be reinvesting alongside IK and will remain majority owners.
Sitevision was founded in 2002 in Örebro, where its headquarters remain. Today, Sitevision has grown into one of the leading CMS and intranet providers in Sweden and has local sales presence in Stockholm, Gothenburg, and more recently Oslo, as part of its strategic expansion into Norway.
Read more about the transaction here.
Snellman’s core advisory team comprised Johanna Wärnberg, Miklos Kovacs Kal, Douglas Essehorn, and Nadine Lågland (Private M&A), Fredrik Olsson, Albert Danielsson, and Oscar Bengtsson (Finance), Lisa Pålsson (Employment), and Olof Östman (IP & Tech).
Snellman Counsel to Bare Collective in Its Acquisition of Boob Design
Snellman acted as counsel to Bare Collective in its acquisition of Boob Design. Boob Design is offering a sustainable range of high design maternity and nursing wear sold on 59 markets primarily as direct-to-consumer sales through its own online store.
Bare Collective, a group of companies aiming to become a leader in products for children and women’s well-being, strengthens their position with the acquisition of Boob Design. The transaction is in line with Bare Collective’s acquisition strategy under which it has previously acquired Esska, Jabadabado, and ImseVimse.
Bare Collective is backed by Pivot, a Swedish private equity firm founded in 2019.
Snellman’s core advisory team included Mikael Klang, Douglas Essehorn, and Tanja Schnitt (Private M&A), Lisa Pålsson (Employment), and Olof Östman (IP & Tech).
Snellman Counsel to Charles River in Its Sale of Cobra Matfors to Flerie Invest
Snellman acted as counsel to Charles River Laboratories International Inc. in its sale of Cobra Biologics Matfors AB to Flerie Invest for approximately USD 52,000,000 in cash, with potential contingent payments of up to an additional USD 25,000,000.
The Swedish investment company Flerie Invest’s acquisition and investment has been made with the intention of establishing an innovation hub for advanced vaccines and biological drugs in Matfors in northern Sweden. The site in Matfors will receive additional support from the Swedish Government through its innovation agency Vinnova. The new company will trade as NorthX Biologics.
Charles River provides essential products and services to help pharmaceutical and biotechnology companies, government agencies, and leading academic institutions around the globe accelerate their research and drug development efforts. Charles River Laboratories International, Inc. is publicly traded on the New York Stock Exchange.
For further information, please refer to Charles River’s press release here.
Our core advisory team included Richard Åkerman and Douglas Essehorn (Private M&A).
Counsel to Mecenat, a Portfolio Company of IK Partners, in Its Add-on Acquisition of Seniordays
Snellman acted as counsel to Mecenat Aktiebolag, a portfolio company of IK Partners (“IK”), in its add-on acquisition of Senior World AB, which operates under the brand “Seniordays”.
Senior World AB, which has shown a substantial growth in turnover, operates in the same industry as Mecenat, but in a different market segment, offering discounts to its community of 130,000 members over the age of 55.
For further information, please refer to Mecenat’s press release here.
Our core advisory team included Johanna Wärnberg, Douglas Essehorn, and Alexander Lindqvist.
Snellman Counsel to Gores Guggenheim, Inc. in its Proposed Business Combination with Polestar
Snellman acted as counsel to Gores Guggenheim, Inc., a special purpose acquisition company (SPAC) formed by the affiliates of The Gores Group and Guggenheim Capital, LLC, in its proposed business combination with the global electric performance car company Polestar. The transaction implies an equity value of approximately USD 20 billion for Polestar. Upon closing, which is expected to take place in the first half of 2022, the combined company will be held by a new public company which is expected to be listed on the Nasdaq under the ticker symbol “PSNY”.
Polestar is a Swedish premium electric performance car brand, headquartered in Gothenburg and founded by Volvo Cars and Geely Holding. Polestar’s vehicles are available and on the road in fourteen active global markets across Europe, North America, and China.
Gores Guggenheim, Inc. completed its initial public offering in April 2021, raising approximately USD 800 million in cash proceeds. Gores Guggenheim’s strategy is to identify and complete business combinations with market leading companies with strong equity stories that will benefit from the growth capital of the public equity markets and be enhanced by the experience and expertise of Gores’ and Guggenheim’s long history and track record of investing in and operating businesses.
Snellman acted as a legal advisor to Gores Guggenheim, Inc. together with Weil, Gotshal & Manges LLP.
Snellman’s advisory team included Richard Åkerman, Douglas Essehorn, Iiris Ikkelä, and Alexander Lindqvist (M&A), Elisabeth Vestin and Anna Ribenfors (IP & Tech), Josephine Lindgren and Lisa Pålsson (Employment), Fredrik Olsson and Sofia Bengtsson (Finance), and Andreas Wingren (Real Estate).
Snellman Advised the Founder and Owners of Hemfrid in the Sale of Hemfrid to Fidelio Capital
Snellman advised the founder and owners of Hemfrid, Sweden’s largest company within household services with approximately 2,000 employees, in the sale of Hemfrid to Fidelio Capital.
Snellman’s core advisory team consisted of Claes Kjellberg, Johanna Wärnberg, Miklos Kovacs Kal, and Douglas Essehorn.
Snellman Advised Private Equity Sponsor Riverside and Its Portfolio Company Abracon on the Acquisition of Proant AB and Proant Asia Limited
Snellman advised private equity sponsor Riverside and its portfolio company Abracon on the acquisition of Proant AB and Proant Asia Limited, privately held antenna suppliers headquartered in Umeå, Sweden, and Hong Kong, respectively. The combined companies will form Abracon’s new ProAnt brand. Abracon will retain facilities in both Sweden and Hong Kong. Abracon, LLC is an industry leader in passive components, providing frequency control & timing device, RF & antenna, and inductor & connectivity solutions through a global distribution network.
Snellman’s team consisted of Mikael Klang, Iiris Ikkelä, Douglas Essehorn, Alexander Lindqvist (Corporate/M&A), Jenny Lundberg, Josephine Lindgren (Employment), and Anna Ribenfors (IP & Technology).
Snellman Counsel to IK in its Partnership with Mecenat
Snellman acted as counsel to funds advised by IK Investment Partners (“IK”) in its investment in Mecenat Holding AB.
Mecenat is a leading marketing technology company that promotes unique discounts to its community of students and young professionals. Mecenat operates across Sweden with over 4,500 vendors offering discounts and deals to more than 1.2 million students and recent graduates. IK is a pan-European private equity firm focused on investments in the Benelux countries, the DACH countries, 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.
Our core advisory team included Johanna Wärnberg, Miklos Kovacs Kal, and Douglas Essehorn (Private M&A), Jessica Tressfeldt (IP & Tech), and Fredrik Olsson and Albert Danielsson (Finance).
Snellman Counsel to Vitec Software Group AB (publ) in the Acquisition of Nordman & Co
Snellman acted as counsel to Vitec Software Group AB (publ) in the acquisition of Nordman & Co, a Swedish software company that develops and provides the Argus CRM software, which is a complete sales support system for grocery trade, service trade, pharmacy, catering, and the construction market primarily in the Nordic region.
Vitec Software Group AB (publ) is active within vertical market software in the Nordic region, and it has around 800 employees and offices in Denmark, Finland, Norway, and Sweden.
Snellman’s core team included Claes Kjellberg, Johanna Wärnberg, and Douglas Essehorn (Private M&A) and Elisabeth Vestin (IP & Tech).
Snellman Acted as the Swedish Counsel to Charles River Laboratories International, Inc. in the Acquisition of Cognate BioServices, Inc.
Snellman acted as the Swedish counsel to Charles River Laboratories International, Inc. in the acquisition of Cognate BioServices, Inc,. including its Swedish and British subsidiaries Cobra Biologics, a premier cell and gene therapy contract development and manufacturing organisation. The purchase price amounted to approximately USD 875 million.
Charles River Laboratories International, Inc. provides essential products and services to help pharmaceutical and biotechnology companies, government agencies, and leading academic institutions around the globe accelerate their research and drug development efforts. Charles River Laboratories International, Inc. is publicly traded on the New York Stock Exchange.
Snellman’s core team included Richard Åkerman, Nicole Jerad, Douglas Essehorn, Iiris Ikkelä, and Alexander Lindqvist (Private M&A), Jenny Lundberg (Employment), and Elisabeth Vestin and Itai Coleman (IP & Tech).
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