The board of directors of Samhällsbyggnadsbolaget i Norden has, on the basis of an authorization granted by the annual general meeting, resolved on a directed issue of class D shares and a directed issue of subordinated convertibles mandatorily convertible into class B shares, whereby the company raises proceeds of SEK 3.4 billion before issue costs.
Vinge has advised Scandic Hotels Group AB (publ) on a fully underwritten rights issue, which will provide Scandic with issue proceeds amounting up to approximately SEK 1,765 million before deduction of transaction costs, and on the agreement of new credit facilities amounting to SEK 1,400 million.
Vinge advises Cinven’s portfolio company Partner in Pet Food, a leading European pet food manufacturer, in connection with its acquisition of the Doggy Group (“Doggy”).
Axcel has signed an agreement to aquire a majority ownership stake in AddPro, a Swedish leading provider of IT and cloud services. AddPro’s current management team and founders will reinvest in the company alongside Axcel.
Vinge has advised Bridgepoint and FCG in connection with the acquisition of Algorithmica Research AB, a software technology provider of risk management and quantitative financial analytical solutions for the financial services industry.
Vinge has advised a consortium comprising Fredensborg AS, Fredensborg Bolig AS, Norwegian Property ASA and Union Real Estate Fund III Holding AS in its acquisition of Veidekke’s property development operation in Norway and Sweden
Vinge has advised EQT Infrastructure II in connection with entering into an agreement to divest the Hector Rail group to Ancala’s European Infrastructure Fund II.
Vinge has advised the fintech company Anyfin AB in connection with an investment round of approximately MSEK 300, in which EQT Ventures as a new investor, as well as a number existing investors such as Accel, Northzone, Global Founders Capital and Fintech Collective, are participating.
The global technology company Altair has acquired the WRAP software business from Wrap International AB. The acquisition is a strategic complement to Altair’s portfolio.
