Vinge advised London based Norwegian private equity company Smedvig Capital in connection to their investment in SelStor AB. SelStor AB, founded in 2006, will provide self-storage warehouses to private individuals and companies. Smedvig’s invests SEK 100 million (through Peder Smedvig Capital Fund IX LP) via a variety of bonds and receives, after full subscription, 45 percent of the shares. In addition Smedvig shall provide shareholder’s loans to a value of SEK 75 million. Vinge advised Smedvig on the establishment and negotiation of the subscription agreement, shareholder’s agreement and loan, employment agreements and the customary due diligence process.
Vinge’s team included partner Ulf Sällnäs joined by Hillevi Myhre, Sarah Khalil, Johan Bocander, Maria Schultzberg, Maria Doeser, Åsa Gotthardsson, Anders Frick, Johan Cederblad and Pernilla Warg.
