Mandate

Vinge is advising Atairos in connection with its $580 million recommended acquisition of the entire issued and to be issued share capital of Ocean Outdoor it does not already own

May 06, 2022 M&A

The transaction will be implemented by way of a statutory merger under BVI law, subject to anti-trust approval in Sweden and other customary approvals and conditions. It is expected that the merger will become effective in June 2022.

Atairos is an independent private company focused on supporting growth-oriented businesses across a wide range of industries. Atairos has approximately $6.5 billion in equity capital and offices in New York City, London and Philadelphia. Ocean Outdoor is a leading operator of digital out-of-home (DOOH) advertising across the United Kingdom, Northern and Continental Europe. Ocean's network of 4,000+ screens covers seven countries and 351 cities with its technological capabilities delivering the most impactful and measurable DOOH brand and advertising experiences. Ocean's portfolio comprises of some of the most iconic locations, such as the Piccadilly Lights and the BFI IMAX. Ocean’s ordinary shares are traded on the Main Market of the London Stock Exchange.

Vinge's team primarily consisted of Sofie Nordgren (Counsel, M&A), Pär Remnelid (Partner, EU / Competition) and Carl Trolle Olson (Associate, M&A).

Related

Vinge has advised Gränges on the refinancing of its sustainability-linked credit facility

Vinge has advised Gränges AB (publ) (“Gränges”), a global leader in aluminium rolling and recycling in selected niches, on the refinancing of its sustainability-linked credit facility, which supports Gränges’ sustainability plan.
February 10, 2025

Vinge has advised Priveq Fund VII in connection with a sustainability-linked credit facility

Priveq Fund VII has entered into a credit facility agreement with Swedbank AB (publ) which will primarily be used to finance the fund’s investment activities. The credit facility is linked to certain of Priveq’s sustainability targets, which means that the interest rate on the credit facility will be adjusted up or down based on the performance of Priveq Fund VII's portfolio companies.
February 10, 2025

Vinge advised ReCarber in financing round

Vinge has advised ReCarber AB in its SEK 60 million financing round. The investors included Luminar Ventures, Spintop Ventures and Course Corrected.
February 10, 2025