Vinge has, together with Kirkland & Ellis, advised Zellis Group, a portfolio company of funds advised by Apax Partners LLP (“Apax”), in connection with the acquisition of Benify, a provider of employee benefits administration software, from Vitruvian Partners and the other shareholders.
As part of the transaction, Benify will be combined with Zellis Group’s benefits administration and employee engagement software business, Benefex, and Vitruvian Partners will become a minority investor in the Zellis Group alongside the Apax Funds. Together, Benefex and Benify will create a leading global benefits, reward, recognition, and employee engagement software provider with an enhanced value proposition to customers globally. Completion of the transaction is subject to customary closing conditions.
Vinge’s team consisted of among others Jonas Bergström, Anna Jonsson, Nicolas Ek, Johan Severinsson and Gustav Bergengren (M&A), Nils Unckel and Anton Sjökvist (Financial Regulatory), Albert Wållgren and Arvid Weimers (Banking and Finance), Oskar Larsson (Commercial Contracts) and Emelie Svensäter Jerntorp and Carolina Lundh (Employment).
