Mandate Vinge has advised Axcel on its investment in AddPro

July 06, 2020

Axcel has signed an agreement to aquire a majority ownership stake in AddPro, a Swedish leading provider of IT and cloud services. AddPro’s current management team and founders will reinvest in the company alongside Axcel.

AddPro was founded 2000 in Malmö and has a total approximate revenue of SEK 800 million and close to 350 employees. AddPro is acquired from Adelis Equity Partners, founders, the management team and key employees. The transaction is subject to customary regulatory approvals. AddPro is the second investment in Axcel VI.

Vinge’s team consisted of partners Christina Kokko (M&A) and Mikael Ståhl (Banking & Finance) and associates Johanna Wiberg, Stina Bengtsson and Carl Fredrik Wachtmeister (M&A), Linn Adewald, Pauline Lagerstrand, Elias Lundin and Jolinn Uhlin (Banking & Finance), Mathilda Persson, Martin Boström and Fredrika Hjelmberg (Commercial Agreements & IT), Ilze Lukins and Anna Li (IP), Lisa Hörnqvist (GDPR), Veronika Garemark (Employment), Kristoffer Larsson (Real Estate), Kristoffer Sällfors (Public Procurement), Johan Wahlbom (Antitrust) and Nathalie Hughes (VDR assistant).

Clarification of the interpretation of ”nearest suitable railway station”

Road transport performed by Samskip Sia in Sweden has been confirmed to be within the framework of a permitted combined transport through a decision of the Administrative court of Falun in Sweden. The central question in the case was how to interpret the term “nearest suitable railway station”
June 30, 2020

DAC 6 – EU Directive concerning reportable cross‑border tax arrangements

DAC 6 is a EU Directive which entails that advisers are subject to a duty to notify the relevant tax authorities concerning their client’s cross‑border arrangements. The purpose of the information disclosure obligation is to combat tax evasion, tax fraud and tax avoidance.
June 04, 2020

The importance of continuous focus on compliance procedures in disrupting times

A large number of corporations will most certainly be severely impacted by the effects of the Covid-19 pandemic. The new challenges will impact companies’ compliance risks, which are likely to be different and, to a certain extent, increased. It is crucial that - also in disrupting times - internal compliance procedures are maintained and that new risks are identified and mitigated.
May 28, 2020