Fredrik focuses on financing transactions and restructurings. He has vast experience of a wide range of finance related work, such as LBO’s, real estate financings, corporate lending and asset finance.
Snellman counsel to Bonava AB (publ) in contemplated issuance of SEK 1.5 billion notes, new facilities agreement and related tender offer and redemption
2026
Snellman acts as legal advisor to Bonava AB (publ) in connection with Bonava’s contemplated issuance of new senior secured green floating rate notes, with an expected issue amount of SEK 1.5 billion under a total framework amount of SEK 2 billion.
Snellman also acts as legal advisor to Bonava in connection with Bonava’s agreement on the main terms for a new facilities agreement with a total credit volume of EUR 200.5 million, and the related conditional tender offer for and total redemption of Bonava’s outstanding SEK 960 million senior secured floating rate green notes.
Bonava is a leading residential developer in Europe with the purpose to create happy neighbourhoods for the many. With its 900 employees, Bonava develops residential housing in Germany, Sweden, Finland, Latvia, Estonia and Lithuania. To date, the company has built about 50,000 homes and reported net sales of approximately SEK 8 billion in 2025. Bonava’s shares and green bond are listed on Nasdaq Stockholm.
Snellman’s core advisory team comprises Fredrik Olsson, Carolina H. Wahlby, Rezan Akkurt, Ebba Sjölin and Charlotte Säker (Finance and Restructuring), and Mattias Friberg, Lisa Kindstedt and Edvin Matton (Capital Markets).
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 Swedish counsel to Allvida (backed by Systematic Growth) in its partnership with Khymeia
2025
Snellman acted as Swedish counsel to Allvida, a European MedTech group, founded and led by Systematic Growth, in its partnership with Khymeia, a company based in Italy and a pioneer in the field of virtual reality and robotic technologies applied to rehabilitative and tele-rehabilitative medicine.
Snellman’s core advisory team comprised Miklos Kovacs Scherlin, Nicolina Hultgren Farsani and Adrian Bäck (Private M&A), and Fredrik Olsson, Rezan Akkurt and Oskar Bragée (Finance & Restructuring).
Snellman counsel to Bonava AB (publ) in its SEK 960 million senior secured green notes issue
2025
Snellman acted as counsel to Bonava AB (publ), a leading residential developer in Europe and listed on Nasdaq Stockholm (Mid Cap), in connection with the issuance of SEK 960 million senior secured green notes with the possibility of subsequent issuance of additional bonds up to a total of SEK 2 billion. The proceeds from the note issue have been and will be used in accordance with Bonava’s new green finance framework and to refinance Bonava’s outstanding senior secured green notes. Snellman also acted as counsel in connection with the tender offer for and total redemption of Bonava’s outstanding senior secured green notes in an amount of SEK 960 million.
Snellman’s core advisory team comprised Fredrik Olsson, Carolina H. Wahlby, Rezan Akkurt and Oscar Bengtsson (Finance and Restructuring) and Mattias Friberg, Khaled Talayhan, Lisa Kindstedt, Edvin Matton and Agnes Svensson Backlund (Capital Markets).
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 IK Partners in the sale of Mecenat to Inflexion
2024
Snellman acted as counsel to IK Partners and Mecenat’s management team in the sale of Mecenat to Inflexion. Mecenat is a digital marketing platform which connects students, young professionals/alumni and seniors with well-known brands by providing access to exclusive offerings, career services and relevant events.
Since IK first invested in the business in September 2021, Mecenat has more than doubled its revenue. In recent years, the Mecenat Group has expanded through the acquisitions of Seniordays in 2021, Frank Students in 2022, and Traineeguiden in 2023.
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.
Snellman has acted as counsel to IK Partners since IK’s entry in September 2021, supporting the Mecenat Group on its add-on acquisitions and up until the exit in December 2024.
For further information, please refer to IK’s press release here.
Snellman’s core advisory team comprised Johanna Wärnberg, Douglas Essehorn, Nadine Lågland and Adrian Bäck (Private M&A), assisted by Fredrik Olsson, Rezan Akkurt and Lina Lundevall-Brunö (Finance), Lisa Pålsson (Employment), Louise Nordback (IP & Tech), and Peter Forsberg and Emma Fröderberg Shaiek (Competition & Procurement).
Snellman counsel to Castlelake in its investment in Scandinavian Airlines
2024
Snellman acted as Swedish counsel to Castlelake, L.P. in its investment as part of a consortium for $1.2 billion debt and equity investment in the reorganized Scandinavian Airlines implemented pursuant to a Chapter 11 plan and Swedish reorganization proceeding.
Snellman’s advisory team included Richard Åkerman, Jonas Sjöberg and Aykut Aslan Yucel (Private M&A), Carolina Wahlby, Fredrik Olsson, Albert Danielsson, Oscar Bengtsson and Lina Lundevall-Brunö (Finance & Restructuring), Mattias Friberg and Emma Greiff (Public M&A), Peter Forsberg, Philip Thorell and Lars Lundgren (Competition and FDI), Pontus Ewerlöf and Gustav Lewin (Dispute Resolution) and Jenny Lundberg (Employment).
Snellman counsel to Comstock Inc. in its investment in RenFuel
2024
Snellman acted as counsel to Comstock Inc. in its investment in RenFuel, a Swedish innovation company in bioenergy. The investment aims to support commercialization of joint development applications for RenFuel and Comstock complementary renewable fuel technologies.
RenFuel innovates technologies that contribute to decarbonization and circularity by effectively turning under-utilized biomass waste and residues into renewable fuels and materials.
Snellman’s advisory team comprised Fredrik Olsson, Albert Danielsson and Ebba Sjölin (Finance), Jonas Sjöberg, Nadine Lågland and Elin Boman (Private M&A), Elisabeth Vestin and Nicolas Günthardt (IP & Technology), Josephine Gjerstad Medina and Nellie Jönsson (Employment).
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 counsel to KLAR Partners Backed Sandbäckens in its acquisition of EVIAB Gruppen AB, Växjö Elmontage AB, and El & Projektering Vetlanda AB, controlled by Storskogen Group AB
2023
Snellman acted as counsel to KLAR Partners backed Sandbäckens in its acquisition of the three electricity companies EVIAB Gruppen AB, Växjö Elmontage AB, and El & Projektering Vetlanda AB, controlled by Storskogen Group AB. The companies have a combined turnover of approximately SEK 400 million and have around 180 employees.
Snellman’s core advisory team comprised Claes Kjellberg, Miklos Kovacs Kal, Anna Nordin Pettersson, Ulrika Wigart, and Klara Hasselberg (Private M&A), Fredrik Olsson, Carolina H. Wahlby, Rezan Akkurt, and Johan Erlandsson (Finance), Josephine Gjerstad Medina and Lisa Pålsson (Employment), Abiram Soma and Angelica Berntsson (Real Assets), Sara Heikfolk (IP & Tech), and Peter Forsberg and Sarah Ek (Competition & Regulatory).
Snellman counsel to IK Partners in its investment in Responda Group
2023
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
2023
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 KLAR Partners Backed Nimlas Group in its acquisition of Konstel
2022
Snellman acted as counsel to KLAR Partners backed Nimlas Group in its acquisition of Konstel, a leading electrical installation company in Norway, forming one of the largest installation companies in the Nordic region.
Snellman’s core team included Claes Kjellberg, Miklos Kovacs Kal, Emma Andersson, and Ulrika Wigart (Private Equity) and Fredrik Olsson, Carolina Wahlby and Rezan Akkurt (Finance & Restructuring).
Snellman counsel to PCP in Its EUR 60 million loan facility to Nordic Leisure Travel Group AB (“NLTG”)
2022
Snellman acted as counsel to PCP in its EUR 60 million loan facility to Nordic Leisure Travel Group AB (“NLTG”), the market leading tour operator in the Nordic countries, selling packaged holidays under well-known brands such as Ving, Spies, Tjäreborg, and Sunclass Airlines.
PCP provides tailored funding solutions to mid-sized companies in Northern Europe and acts as a strategic financial partner to companies who need additional funds to expand, make acquisitions, refinance their balance sheets, or restructure their operations. Over the last two decades, PCP has engaged and invested in over 130 companies and helped them maximise their potential.
Snellman’s core team included Fredrik Olsson, Maria Orrgard, Albert Danielsson, and Ebba Sjölin.
Snellman counsel to PCP in its SEK 350 million term loan to Avia Pharma AB
2022
Snellman acted as counsel to PCP in its SEK 350 million term loan to Avia Pharma AB, a Swedish pharma company with sales and marketing organisations in all four Nordic countries executing a buy and build strategy.
PCP provides tailored funding solutions to mid-sized companies in Northern Europe and acts as a strategic financial partner to companies who need additional funds to expand, make acquisitions, refinance their balance sheets, or restructure their operations. Over the last two decades, PCP has engaged and invested in over 130 companies and helped them maximise their potential.
Snellman’s core team included Fredrik Olsson, Maria Orrgard, Ebba Sjölin, Tiia Mäki, and Veera Heiskanen (Finance & Restructuring), Oskar Helsing (Competition & Procurement), and Josephine Lindgren (Employment).
Snellman counsel to Meko AB (publ) on the refinancing of existing financing agreements
2022
Snellman acted as counsel to Meko AB (publ) in its refinancing of SEK 1,965,000,000 term loans and amendment and restatement agreement of its revolving credit facility of SEK 1,300,000,000.
Meko AB (publ) (formerly Mekonomen AB) is a market-leading spare parts distributor with well-known concepts and brands in northern Europe.
Snellman’s core team comprised of Fredrik Olsson, Maria Orrgard and Rezan Akkurt.
Snellman acted as counsel to PCP in the provision of an ESG-linked debt financing to Kry International AB
2022
Snellman acted as counsel to PCP, who provided an ESG-linked debt financing to Kry International AB, Europe’s market leader in digi-physical healthcare services, as part of their €160m fundraise.
PCP provides tailored funding solutions to mid-sized companies in Northern Europe and acts as a strategic financial partner to companies who need additional funds to expand, make acquisitions, refinance their balance sheets, or restructure their operations. Over the last two decades, PCP has engaged and invested in over 130 companies and helped them maximise their potential.
Kry was co-founded in 2014 by its CEO Johannes Schildt and has become a market leader by enabling patients to access quality healthcare, quickly and efficiently. Working in partnership with healthcare professionals, governments, and partners across Europe, Kry improves patient access to both primary and specialist care via its technology and physical care centres.
Snellman’s core team included Fredrik Olsson, Maria Orrgard, Oscar Bengtsson, Tanja Schnitt, Jenny Lundberg, Lisa Pålsson, Olof Östman, Lars Lundgren, and Andreas Wingren.
Snellman counsel to Thomas H. Lee Partners in its investment in Inriver AB
2022
Snellman acted as counsel to Thomas H. Lee Partners in its investment in inriver AB, a provider of Product Information Management (PIM) software for the world’s leading manufacturers, distributors, and retailers.
Snellman’s core team included Claes Kjellberg, Moa Fritzon Torbjelt, Maja Uppgren, Tanja Schnitt and Nicolina Hultgren Farsani (M&A Private), Mattias Friberg and Khaled Talayhan (M&A Public), Fredrik Olsson, Carolina Wahlby, Maria Orrgard, Albert Danielsson and Oscar Bengtsson (Finance), and Jenny Lundberg (Employment).
Snellman counsel to Gores Guggenheim, Inc. in its closing of business combination with Polestar
2022
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 Vitec Software Group AB (publ) in its refinancing and extension of its loan facilities
2022
Snellman acted as counsel to Vitec Software Group AB (publ) in its refinancing and extension of its loan facilities from SEK 1,000 million to SEK 2,500 million from Nordea and SEB.
Vitec is a market leader for vertical market software in the Nordic region. It grows through acquisitions of well-managed and well-established software companies, and it has 1 050 employees based in Denmark, Finland, Norway, and Sweden. Vitec is listed on Nasdaq Stockholm and had net sales of SEK 1,571 million in 2021.
Snellman’s core team comprised of Fredrik Olsson, Maria Orrgard and Albert Danielsson.
Snellman counsel to KLAR Partners backed Oleter Group in the merger between its underground infrastructure maintenance business (UIM) and Swoosh
2022
Snellman acted as counsel to KLAR Partners backed Oleter Group in the merger between its underground infrastructure maintenance business (UIM) and Swoosh, a group active in the flushing and relining business.
Snellman’s core team included Claes Kjellberg, Miklos Kovacs Kal, Emma Andersson, Tanja Schnitt and Anna Nordin Pettersson (Private M&A), Josephine Lindgren (Employment), Andreas Wingren (Real Assets), Fredrik Olsson, Carolina Wahlby and Amanda Alexandersson (Finance), Peter Forsberg and Lars Lundgren (Competition), and Olof Östman (IP & Technology).
Snellman counsel to IK Partners in its investment in Sitevision AB
2022
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 PCP
2021
Snellman acted as counsel to PCP, who provided a five-year senior secured loan facility to Aarke, a Swedish manufacturer of premium carbonators and home appliance accessories for the consumer market. Aarke is a globally recognised brand that combines quality products, premium materials, and a unique design coupled with a clear focus on sustainability.
PCP provides tailored funding solutions to mid-sized companies in Northern Europe and acts as a strategic financial partner to companies who need additional funds to expand, make acquisitions, refinance their balance sheets, or restructure their operations. Over the last two decades, PCP has engaged and invested in over 130 companies and helped them maximise their potential.
Aarke was founded in 2013 by industrial designers Carl Ljungh and Jonas Groth with a focus on design and development of home appliances from premium materials engineered for the everyday use. The first product, the Aarke Carbonator, was launched in December 2016 after four years of development. The company has since then expanded its product range within the carbonated water market while continuing its strong focus on design and quality engineering.
Snellman’s core team included Fredrik Olsson, Maria Orrgard, and Amanda Alexandersson.
Snellman counsel to Gores Guggenheim, Inc. in its proposed business combination with Polestar
2021
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 counsel to KLAR Partners Limited in the investment in Oleter Group
2021
Snellman acted as counsel to KLAR Partners Limited in the investment in Oleter Group consisting of OCAB and Frøiland Bygg Skade, market leading providers of property damage restoration services. The investment was made by funds advised by KLAR Partners, a European private equity company focused on investments in companies operating in the business services and light industrials.
Snellman’s core team included Claes Kjellberg, Miklos Kovacs Kal, Emma Andersson, Maria Orrgard, Fredrik Olsson, and Josephine Lindgren.
Snellman counsel to Consortium of F. Holmström Fastigheter AB and Areim AB on its public offer for Magnolia Bostad AB
2021
Snellman advised the consortium of F. Holmström Fastigheter AB and Areim AB on its public cash offer for Magnolia Bostad AB (“Magnolia Bostad”), listed on Nasdaq Stockholm. Skandinaviska Enskilda Banken acted as the sole financial advisor. The offer values Magnolia Bostad at approximately SEK 2.9 billion. Magnolia Bostad is a leading community developer that develops new housing, both rental apartments and condominiums, community properties, and hotels in attractive locations in Sweden’s growth areas and large cities.
Snellman’s advisory team consisted mainly of Ola Åhman, Mattias Friberg, Emma Greiff, and Anton Eriksson (Public M&A and Capital Markets), Fredrik Olsson (Finance), Peter Forsberg and David Olander (Competition), and Mikael Stabo, Alexander Lindqvist, and Andreas Wingren (Real Estate).
Snellman counsel to IK in its partnership with Mecenat
2021
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 Proventus Capital Partners IV AB (publ) in its SEK 700 million loan facility to MatHem
2021
Snellman acted as counsel to Proventus Capital Partners IV AB (publ) in its SEK 700 million loan facility to MatHem. MatHem is the Swedish market leader in online groceries with revenues of approximately SEK 2.3 billion in 2020, a customer base of around 250 000 persons, and almost 2 million annual deliveries.
Proventus Capital Partners IV AB (publ) provides tailored funding solutions to mid-sized companies in Northern Europe. Proventus Capital Partners IV AB (publ) acts as a strategic financial partner to companies who need additional funds to expand, make acquisitions, refinance their balance sheets, or restructure their operations. Over the last two decades, Proventus Capital Partners IV AB (publ) has engaged and invested in over 130 companies and helped them maximise their potential.
Snellman’s core team included Fredrik Olsson, Maria Orrgard and Sofia Bengtsson (Finance & Restructuring), Jonas Sjöberg and Ebba Almén (Private M&A), and Josephine Lindgren (Employment)
Snellman counsel to Proventus Capital Partners IV AB (publ) in the debt financing of the Ovzon-3 Satellite
2021
Snellman acted as lead counsel to Proventus Capital Partners IV AB (publ) in relation to the debt financing of the Ovzon-3 Satellite. Proventus Capital Partners IV provided a commitment for a six-year senior secured loan of USD 60 million to Ovzon AB (publ), a company headquartered in Sweden, offering revolutionary mobile broadband service via satellite combining high bandwidth with highly mobile terminals. The financing provided by Proventus Capital Partners will partly fund the construction and launch of Ovzon’s first own satellite, Ovzon-3.
PCP provides tailored funding solutions to mid-sized companies in Northern Europe. Over the last two decades, PCP has engaged and invested in over 130 companies and helped them maximise their potential. Snellman’s advisory team included Fredrik Olsson, Maria Orrgard, Sofia Bengtsson, David Smith (Finance & Restructuring), and Mattias Friberg and Khaled Talayhan (Public M&A).
Snellman counsel to KLAR Partners in the acquisition of Sandbäckens
2021
Snellman acted as counsel to KLAR Partners in the acquisition of Sandbäckens, the Swedish provider of technical installation and service of Sprinkler, Heating & Sanitation solutions for buildings. The acquisition was made by funds advised by KLAR Partners, a European private equity company focused on investments in companies operating in the business services and light industrials. Sandbäckens is KLAR Partners’ first acquisition in Sweden.
Snellman’s core team included Claes Kjellberg, Miklos Kovacs Kal, Anna Bergström, Julia Wegelius, Ebba Almén and Emma Andersson (Private M&A), Fredrik Olsson, Aina Renström and Rezan Akkurt (Banking & Finance), Martin Rifall (Construction), Jenny Lundberg, and Josephine Lindgren (Employment).
Snellman counsel to Savaria Corporation in its public offer for Handicare Group AB
2021
Snellman advised Savaria Corporation and its acquisition vehicle Savaria (Sweden) AB on its recommended cash offer to the shareholders of Handicare Group AB (“Handicare”) listed on Nasdaq Stockholm. The offer values Handicare at approximately SEK 2.9 billion. Handicare offers solutions to increase the independence of disabled or elderly people to facilitate for their care providers and family.
Our advisory team included Ola Åhman, Mattias Friberg, Sanna Böris, Marcus Lehtinen, and Marc Tevell de Falck (Public M&A and Capital Markets), Fredrik Olsson and Albert Danielsson (Finance), Peter Forsberg, Johan Holmquist, and Sarah Ek (Competition), Itai Coleman and Sofia Widegren (IP/TMT), Anna Bergström and Alexander Lindqvist (Private M&A) and Jenny Lundberg (Employment).
Snellman counsel to consortium led by Paradigm Capital on its public offer for Internationella Engelska Skolan
2020
Parties
Paradigm Capital Value Fund SICAV, Internationella Engelska Skolan i Sverige Holdings II AB (“IES”)
Transaction
Counsel to consortium led by Paradigm Capital on its public offer for Internationella Engelska Skolan
Deal Value
The offer values IES at approximately 3.3 Billion
Role
Counsel to Consortium Led by Paradigm Capital
Snellman Counsel to Vitec Software Group AB (publ) in its refinancing and extension of its loan facility
2020
Parties
Vitec Software Group AB (publ)
Transaction
Vitec Software Group AB (publ) in its refinancing and extension of its loan facility
Value
Value not public
Role
Counsel to Vitec Software Group AB (publ)
Snellman counsel to Magnesium Capital LLP in the acquisition of Rejlers Embriq AS and Rejlers Embriq AB from Rejlers AB (publ)
2020
Parties
Magnesium Capital LLP, Rejlers Embriq AS, Rejlers Embriq AB, Rejlers AB (publ)
Transaction
Magnesium Capital LLP in the acquisition of Rejlers Embriq AS and Rejlers Embriq AB from Rejlers AB (publ). The acquisition was made by funds advised by Magnesium Capital LLP
Deal Value
Value not public
Role
Counsel to Magnesium Capital LLP
Snellman counsel to CORDET in Instabox’s secured financing transaction of SEK 400 million
2020
Parties
CORDET, Creades, Instabox
Transaction
Counsel to CORDET in the secured financing transaction of Instabox.
Deal Value
Value not public
Role
Counsel to CORDET
Snellman counsel to the InfraVia Capital Partners in the financing of a wind farm in Sweden
2020
Parties
IndraVia Capital Partners
Transaction
InfraVia Capital Partners in the financing of the construction and operation of BJV’s wind farm located in Sweden.
Deal Value
EUR 133 million
Role
Counsel to InfraVia Capital Partners
Snellman counsel to Polygon AB (publ) on its EUR 40 million subsequent bond issue
2019
PartiesPolygon AB (publ)TransactionPolygon AB (publ) on its EUR 40 million subsequent bond issue Deal Value
EUR 40 million
RoleLead Counsel to Polygon AB (publ)
Snellman counsel to the Logent Group on SEK 900 million senior secured notes and the entry into of a super senior RCF
2019
Parties
Logent AB, Stirling Square Capital Partners LLP
Transaction
Logent Group issue of SEK 900 Million Senior Secured Notes and the Entry Into of a Super Senior RCF
Deal Value
SEK 900 million
Role
Counsel to Logent Group and SSCP
Snellman counsel to NP3 Fastigheter AB in its issue of a SEK 600 million senior unsecured bond
2019
Parties:
NP3 Fastigheter AB
Transaction:
NP3 Fastigheter AB’s issue of a SEK 600 million senior unsecured bond
Deal value:
SEK 600 Million
HS role:
Counsel to NP3 Fastigheter AB
Snellman counsel to Ragn-Sellsföretagen AB in its refinancing of its existing financing arrangements
2019
Parties
Ragn-Sellsföretagen AB
Transaction
Ragn-Sellsföretagen AB in its refinancing of its existing financing arrangements with various lenders, including long term financing of various projects in Sweden and abroad
Deal Value
Value not public
Role
Lead counsel to Ragn-Sellsföretagen AB
Snellman counsel to Calabrio a portfolio company of KKR in its acquisition of Teleopti
2019
Parties
Calabrio Sweden AB (Buyer), HoldIT Communication AB (Seller), Teleopti (Target)
Transaction
Calabrio, a portfolio company of KKR, in its acquisition of Teleopti, a global provider of cloud-based workforce management (WFM) software
Deal Value
Value not public
Role
Counsel to Calabrio
Snellman counsel to Stirling Square Capital Partners LLP in the acquisition of Logent Group from Adelis Equity Partners and minority shareholders
2019
Parties
Stirling Square Capital Partners LLP (Buyer), Logent Group (Target), Adelis Equity Partners (Sellers)
Transaction
Stirling Square Capital Partners LLP in the Acquisition of Logent Group from Adelis Equity Partners.
Deal Value
Value not public
Role
Counsel to Stirling Square Capital Partners LLP
Snellman Counsel to Ahlstrom-Munksjö in the acquisition Expera Specialty Solutions and the related financing
2018
Parties
Ahlstrom-Munksjö (Buyer), Expera Specialty Solutions (Target), KPS Capital Partners (Seller)
Transaction
Ahlstrom-Munksjö’s acquisition of Expera Specialty Solutions, a U.S.-based specialty paper producer
Deal Value
USD 615 million
Role
Counsel to Ahlstrom-Munksjö
Snellman counsel to Polygon AB (publ) and Triton in connection with the issuance of the EUR 210 million senior secured notes
2018
Parties
Counsel to Polygon AB (publ) and Triton
Transaction
Issue of a EUR 210 million rated senior secured bond and the entry into of a super senior RCF
Deal Value
EUR 210 million
Role
Counsel to Polygon AB (publ) and Triton
Snellman Counsel to Alimak Group in connection with its rights issue of SEK 790 million
2017
Parties
Alimak Group
Transaction
Alimak Group in connection with its rights issue of SEK 790 million
Deal Value
SEK 790 million
Role
Counsel to Alimak Group
Snellman Counsel to Triton and Polygon on the tap issue of EUR 60000000 issued under the terms and conditions for the existing EUR 120000000 senior secured bonds issued in April
2017
Triton and Polygon on the tap issue of EUR 60,000,000 issued under the terms and conditions for the existing EUR 120,000,000 senior secured bonds issued in April 2014
Snellman counsel to Valedo on the financing in its establishment of Prosero Security through investments in several Nordic companies
2017
Parties
Valedo, Prosero Security
Transaction
Valedo on the financing in its establishment of Prosero Security through investments in several Nordic companies.
Deal Value
Value not public
Role
Counsel to Valedo
Snellman counsel to Valedo in its investment in BRP Systems
2017
Parties
Valedo (Buyer), BRP Systems (Target)
Transaction
Valedo’s investment in BRP Systems
Deal Value
Value not public
Role
Counsel to Valedo
Snellman Counsel to Intrum Justitia in connection with the combination with Lindorff
2016
Parties
Intrum Justitia AB (Buyer) Lindorff (Target)
Transaction
Counsel to Intrum Justitia in Connection with the Combination with Lindorff
Deal Value
SEK 40 billion
Role
Counsel to Intrum Justitia AB
Snellman Counsel to Valedo and Other Shareholders of Joe & the Juice in Strategic Investment by General Atlantic
2016
Parties
Valedo Partners (Existing lead investor), General Atlantic (Investor), Joe & the Juice (Target)
Transaction
General Atlantic has made a strategic growth investment in Joe & the Juice to become the second largest shareholder in Joe & the Juice alongside existing lead investor Valedo Partners
Deal Value
Value not public
Role
Counsel to Valedo and other shareholders of Joe & the Juice
Snellman Counsel to Nordea on the financing of Technopolis’ expansion into Sweden
2016
Parties
Nordea, Technopolis
Transaction
Nordea on the financing of Technopolis’ expansion into Sweden
Deal Value
Value not public
Role
Counsel to Nordea
Snellman Counsel to Valedo in its parallel acquisitions of CMA Research and Markör Marknad & Kommunikation AB
2016
Parties
Valedo (Buyer), CMA Research AB and Markör Marknad & Kommunikation AB (Targets)
Transaction
Valedo’s parallel acquisitions of CMA Research AB and Markör Marknad & Kommunikation AB
Deal Value
Value not public
Role
Counsel to Valedo
Snellman counsel to Adelis Equity on the financing of the acquisition of Nordomatic
2016
Parties
Adelis Equity Partners Fund I AB (Buyer), Sobro and minority shareholders (Seller), Nordomatic AB (Target)
Transaction
Financing of Adelis Equity Partners Fund I acquisition of the majority stake in Nordomatic AB
Deal Value
Value not public
Role
Counsel to Adelis Equity Partners Fund I AB
Snellman counsel to Etib Holding in the public offer to shareholders of NSP
2016
Parties
Etib Holding (Buyer), Nordic Service Partners Holding AB (Target)
Transaction
Etib Holding has announced a recommended public offer to the shareholders and holders of convertible notes in Nordic Service Partners Holding AB (NSP) to all outstanding A- and B-shares in NSP, as well as convertible notes issued by the company.
Deal Value
Value not public
Role
Counsel to Etib Holding
Snellman counsel to Bridgepoint on the financing of the acquisition of Nordic Cinema Group from Ratos and Bonnier
2015
Parties
Bridgepoint (Buyer), Nordic Cinema Group (Target), Ratos and Bonnier (Sellers)
Transaction
Bridgepoint on the financing of the acquisition of Nordic Cinema Group from Ratos and Bonnier
Deal Value
Value not public
Role
Counsel to Bridgepoint
Snellman counsel to Valedo on the financing of the acquisition of Norva 24
2015
Parties
Valedo
Transaction
Valedo on the acquisition financing of Norva 24
Deal Value
Value not public
Role
Counsel to Valedo
Snellman Counsel to Triton and Alimak on its refinancing in connection with the IPO on Nasdaq Stockholm
2015
Parties
Triton, Alimak Group AB
Transaction
Triton and Alimak on its refinancing in connection with the IPO on Nasdaq Stockholm, 2015
Deal Value
Value not public
Role
Counsel to Triton and Alimak Group AB
Snellman Counsel to Adelis Equity Partners on the investment in INTERSPORT Sweden
2015
Parties
Adelis Equity Partners (Buyer), INTERSPORT Sweden (Target)
Transaction
Adelis Equity Partners has agreed to acquire a 70% stake in INTERSPORT Sweden.
Deal Value
Value not public
Role
Counsel to Adelis Equity Partners
Snellman counsel to Bridgepoint in its acquisition of Nordic Cinema Group
2015
Parties
Bridgepoint’s acquisition of Nordic Cinema Group
Transaction
Bridgepoint’s acquisition of Nordic Cinema Group from Ratos and Bonnier
Deal Value
SEK 4,700 million
Role
Counsel to Bridgepoint
Professional Background
Education
