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Vinge advises Axcel in connection with the sale of Loopia Group to team.blue

May 23, 2024 M&A Banking and Finance IT, Telecommunications and Outsourcing Employment and Benefits Real Estate and Construction Intellectual Property Data protection and processing of personal data Corporate Crime & Compliance

Vinge advises Axcel V in connection with the sale of Loopia Group to team.blue, Europe’s leading digital enabler for entrepreneurs and SMBs and backed by Hg, a leading investor in European and transatlantic software and services businesses.

Headquartered in Stockholm and with over 320 skilled professionals, Loopia Group is a leading European web service and hosting company, dedicated to sustainability and green hosting, and serving over 650,000 customers across mainly Sweden, Finland, Slovakia, Czechia, Hungary, and Serbia through a portfolio of local brands including Loopia, Websupport, Hostingpalvelu, Domainhotelli and Active24.

The transaction is subject to regulatory approvals.

Vinge’s team consisted mainly of Christina Kokko, Carl Sander, Egil Svensson and Alexander Rüdén (M&A), Marcus Glader, Sebastian Örndahl and Alva Chambert (Regulatory), Jolinn Uhlin, Ida Redander and Josef Groow (Banking and Finance), Mathilda Persson and Elis Allmark (Agreements and IT), Sam Seddigh, Narin Melazade and Jonatan Stentorp (Employment), Agnes Pigg (Real Estate), Axel Lennartsson (IP), Nicklas Thorgerzon and Siri Blomberg (GDPR), Mia Falk and Gulestan Ali (Compliance), Emy Rydén and Johanna Engström (Transaction Support Coordinators).

Read the client’s press release.

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