Vinge has advised Litorina IV LP and other shareholders in conjunction with the sale of LGT Group AB to NTG Nordic Transport Group A/S. LGT is the leading specialist within furniture logistics in the Nordic region, with approximately 320 employees and a turnover of approximately SEK 830 million.
In connection with Lunar Group’s acquisition of Lendify, Vinge acted for Lendify in the structuring, documenting and execution of a cross-border restructuring of Lendify’s existing securitisations of unsecured consumer loans and its senior and junior bank financing (including change of “Servicer” under such financings).
Vinge has advised VNV Ltd in connection with the process of changing the group’s domicile from Bermuda to Sweden (the “Redomestication”). The Redomestication is carried out by way of a scheme of arrangement under Bermuda law, whereby Swedish Depository Receipts in VEF Ltd are exchanged for shares in the Swedish group entity VEF AB (publ), which constitutes the new parent company of the group following the Redomestication. The shares of VEF AB (publ) is listed on Nasdaq First North Premier Growth Market.
Vinge has advised Educations Media Group (EMG) and its founder in connection with the merger with Keystone Academic Solutions, creating a world leading digital platform for student recruitment.
Insurello, the consumer services company which helps consumers to receive the right compensation, will invest an additional SEK 150 million in a funding round led by Nordstjernan Growth. Vinge has advised the previous owner Schibsted, which continues to invest in the company.
Pointsharp enables organizations to secure IT environments with a high-level of control for IT departments combined with an intuitive mobile user experience.
Vinge advises Profoto Holding AB (publ) in connection with the listing on Nasdaq Stockholm. The prospectus was published on 21 June 2021 and the first day of trading on Nasdaq Stockholm was 1 July 2021. The offering price was SEK 66 per share, corresponding to a market value of approximately SEK 2,6 billion.
The transaction consisted of a new development project concerning a logistics property of approximately 20 000 square metres which Volvo Cars will rent, as well as the sale of two office properties in Torslanda.
Vinge has advised Bilia AB (publ) ("Bilia") in connection with the acquisition of Upplands Motor Stockholm AB. The acquired company reported a turnover of approximately SEK 1.2 billion and an operating profit of approximately SEK 48 million for 2020. The acquisition was subject to approval from the Swedish Competition Authority.
Samhällsbyggnadsbolaget i Norden AB (publ) (”SBB”) has entered into an agreement to acquire 70 per cent of the shares in the property rental company Unobo AB from Riksbyggen.
Vinge has advised Edastra AB in connection with the company’s capital procurement. Edastra is an investment company which primarily invests in digitalisation and sustainability.
Vinge is advising Altor Fund V (“Altor”) in its acquisition of a majority stake in Palette Software AB (“Palette”). Altor acquires the company from previous owner Monterro, founders and management. The ambition is to accelerate investments in growing Palette into one of the leading accounts payable automation software providers globally.
