Mandate

Vinge advises FSN Capital and Seriline in connection with the add-on acquisition of Areff Systems

Vinge advises FSN Capital and Seriline in connection with the acquisition of Areff Systems AB from its founders. The founders remain in the merged company and has reinvested a significant proportion of the purchase price in the group.

At the end of February 2022, the private equity firm FSN Capital acquired a majority stake in Seriline with the ambition of consolidating the market for physical and digital identity and access control. The acquisition of Seriline is now followed up with the acquisition of Areff Systems, where FSN Capital accounts for a majority of the financing. Areff Systems works with security and identification solutions and currently has 18 employees. The acquisition of Areff Systems will increase Seriline’s turnover with almost 50 percent to around SEK 150 million for 2022.

Vinge’s team mainly consisted of Johan Winnerblad, Maria Dahlin Kolvik, Eléonore Friberg and Ebba Nyberg (M&A), Mathilda Persson (IT), Sara Strandberg (Employment) and Axel Lennartsson (IPR).

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