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.
Vinge has advised Platzer Fastigheter in conjunction with the acquisition of three properties located at Medicinareberget in Gothenburg encompassing 52 800 square metres, consisting of Odontologen, Biotech Center and Hälsovetarbacken. The underlying property value amounted to SEK 1 875 000. The seller was Higab.
Vinge advises EQT Infrastructure on the EUR 2.7 billion refinancing for its portfolio company GlobalConnect, the leading supplier of B2B and B2C connectivity and digital infrastructure across Northern Europe. The refinancing has raised further funds for expansion and was backed by a group of 14 Scandinavian and international lenders.
Vinge advises Axcel VI and the Currentum Group in connection with the acquisitions of Ventilation Entreprenad VEAB, Veab Ventilation Entreprenad i Kristianstad, VEAB Ventilation Entreprenad I Helsingborg, Styr Entreprenad i Malmö and Energi & Klimatteknik i Tygelsjö.
Hanover Active Equity Fund II has announced a public offer to the shareholders of ZetaDisplay AB (publ). The total value of the offer is SEK 710 million.
Vinge together with Weil, Gotshal & Manges LLP is advising a consortium led by Advent International in connection with its acquisition of Hoist Group Holding Intressenter AB (publ) (the ”Hoist Group”).