Expedition Growth Capital has today announced a $40 million growth investment in the Swedish SaaS company Xensam. Vinge acted as Expedition Growth Capital’s legal advisor in connection with the investment.
1Vision Biogas AB, a company controlled by Aneo, HitecVision and St1, has made a public mandatory bid for all shares in Biokraft International AB. The offer values the shares of Biokraft at approximately SEK 900 million. Vinge advises 1Vision Biogas.
Vinge has advised Modular Finance, a SaaS company which offers a range of niche products aimed at the financial industry with a focus on unique data sets and user-friendliness, in connection with the entry into of an agreement to acquire the shares in BörsData Sverige. BörsData Sverige is one of the Nordic region’s largest independent analysis tools for equity investments.
FAS Converting Machinery is a global operation that develops, produces, and sells machinery for converting plastic film materials into products on rolls.
Vinge has advised Attendo, the largest care company in the Nordic region, in connection with the conclusion of an agreement to acquire Team Olivia's Swedish care operations (excluding personal assistance). Attendo thereby strengthens its position within care for people with disabilities, individual and family care as well as home care in Sweden.
Vinge has advised the marketing agency Viva Media in cojunction with the acquisition of the Malmö-based communications agency ID Kommunikation. Following the acquisition, Viva Media has offices in Uppsala, Kalmar, Malmö and Oslo with a total of more than 100 employees.
Vinge advises Santander Consumer Finance in connection with its acquisition of all shares in Athlon Sweden AB, which is part of Mercedes-Benz Mobility.
Lantmännen has signed an agreement to acquire HKScan Corporation’s Swedish operations, HKScan Sweden AB. The acquisition includes all operations in Sweden and the brands Scan, Pärsons and Bullens. The acquisition means that Lantmännen is broadening and strengthening its business portfolio from field to fork – and that long-term conditions for Swedish agriculture are strengthened.
Vinge has advised the owner of Nordic Road Safety AB in connection with the sale of 85% of the shares to Lagercrantz Group AB. Nordic Road Safety is a leading supplier within development, consultation, sales, project management and installation of permanent road safety in the form of road barrier systems and noise protection and has a turnover of approximately SEK 350 million with an operating profit of approximately SEK 50 million.
Vinges advises the EQT X fund (or “EQT Private Equity”) in connection with its investment in the Nordic software companies HVD Group (Hantverksdata) and Next (Next One Technology). Both companies serve the tradespeople and construction industry, with HVD Group focused on installation and service professions – such as electricians, plumbers, heating and ventilation firms – while Next is focused on contractors. HVD Group’s platform complements that of Next, and the investment thus paves the way for a further strengthened product offering, which builds on both companies’ strong customer satisfaction scores.
Vinge has advised Annehem Fastigheter AB (publ) in connection with the acquisition of the property The Corner, a new-build office property in Malmö. The property value amounts to SEK 420 million.
Vinge has advised the principal shareholder Norvestor VI L.P in connection with the public offer by Altor PC AB to the shareholders of Permascand Top Holding AB (publ). Norvestor holds approximately 44.45 per cent of the Permascand shares and has undertaken to accept the offer. The offer values the total number of shares of Permascand at approximately SEK 1,008 million.
Vinge has advised Helix Kapital in conjunction with it becoming a strategic stakeholder in Sacpro AB, a leading supplier and producer of tools and materials for pipe relining in properties. Together with Helix Kapital, Sacpro's founders and management will accelerate the company's growth by focusing on Northern Europe and the US.
