Vinge advises Axcel on its acquisition of Loopia and Active 24 from Visma
Vinge has advised the Nordic private equity firm Axcel on its acquisition of Visma’s hosting business, operating under the brands Loopia and Active 24.
Loopia and Active 24 are leading mass hosting providers and offer web domains, shared web hosting and value-added services such as security, e-commerce and Microsoft Office 365. The products are sold online on a prepaid subscription basis to around 350,000 SMEs and prosumer customers across primarily Sweden and the Czech Republic, with a further presence in Germany, Norway, the Netherlands, Serbia, Slovakia, Spain and the UK.
Vinge’s team consisted of partners Christina Kokko (M&A), Mikael Ståhl (Banking and Finance) and Eva Fredrikson (Commercial Agreements) together with associates Linda Sengul, Karl Klackenberg and Martin Cronsioe (M&A), Emelie Klefbeck, Josefine Larsson (Banking and Finance), Christoffer Nordin, Mathilda Persson, Isabell Nielsen, Jasmin Draszka-Ali, Lisa Hörnqvist, Moa Bodin (Commercial Agreements), Klara Secher (IP), Lova Unge, Sophia Holm (Employment), Kristoffer Larson (Real Estate), Daniel Wendelsson, Johan Wahlbom (Competition), Boris Kotur and Edin Agic (Corporate) and VDR assistant Jessica Öijer.