Gernandt & Danielsson Advokatbyrå’s M&A practice is well-equipped to assist domestic and international clients involved in multijurisdictional transactions, with banking, fintech, and tech sectors being key for the group. A recent highlight for the team includes advising in connection with several major public takeover bids. Carl Westerberg’s blue-chip client base includes Nasdaq-listed companies, financial institutions, and private equity firms. Fredrik Palm has a strong track-record in public and private M&A. Mikael Borg assists sellers and buyers in various corporate transactions. The three jointly lead the practice. Manfred Löfvenhaft’s areas of experience include major regional public M&A mandates, an area in which Caroline Jägenstedt Wikman also specialises. Corinne Ekman is noteworthy for her experience in the fintech and payment services, SaaS, and entertainment spaces. Senior associate Pierre Olsson stands out for his contribution.
Commercial, corporate and M&A in Sweden
Gernandt & Danielsson Advokatbyrå
Practice head(s):
Carl Westerberg; Fredrik Palm; Mikael Borg
Other key lawyers:
Manfred Löfvenhaft; Corinne Ekman; Caroline Jägenstedt Wikman; Oscar Anderson; Pierre Olsson
Testimonials
‘We have primarily worked with lead partner Caroline Jägenstedt Wikman, who is undoubtedly one of the best professionals I have ever collaborated with. Her senior-level attention, precise advice, and meticulous attention-to-detail surpass what one normally expects from a legal adviser. Her contributions are invaluable to our operations.’
‘We worked with Fredrik Palm and Oscar Anderson. Both were very committed to the client and the matter, worked tirelessly to get the deal to the finish, and were principled yet flexible with a view to winning the auction process. I would absolutely recommend them and work with them again.’
‘Manfred Lövenhaft sees the big picture in a transaction which can be instrumental in closing a deal.’
We have particularly valued their responsiveness and the attention they give to each case. Caroline Jägenstedt Wikman stands out for her remarkable dedication and expertise, which make her an invaluable asset to our team.’
‘Corinne Ekman and her team are attentive-to-detail, but also manage to push things forward effectively. Pierre Olsson is one to watch. He is always calm and positive and with a proactive approach.’
‘A truly class firm with class people. They are technically strong as one would expect, coolheaded in negotiations, and strong in tactical delivery.’
‘Our experience with Gernandt & Danielsson Advokatbyrå has been outstanding. They excel in providing tailored legal solutions and strategic advice, consistently achieving favourable outcomes. What differentiates them from competitors is their unique blend of innovation and practicality.’
‘The team has a proactive approach that stands out. They put together well-functioning teams with clearly defined roles, which is helpful to push things forwards.’
Key clients
Nordstjernan
Nordic Capital
MTG
Öhman Group
ICA Gruppen
Swedbank
Sinch
OX2
Morgan Stanley
Karnov Group
Work highlights
- Advising Stirling Square, TA and Giant Bidco in connection with a public offer to the shareholders of Byggfakta.
- Advised Betsson AB in connection with its acquisition of betFIRST Group, which operates a sports betting and gaming business in Belgium.
- Advising Eastnine in connection with the divestment of its holding in Melon Fashion Group to LLC GEM Invest.
Mannheimer Swartling
With three sizeable departments dedicated to private M&A, public M&A, and corporate matters, Mannheimer Swartling’s full-service commercial practice stands out for its expertise in complex cases. With clients ranging from multinationals to high growth companies, the team’s broad experience covers major acquisitions, buy-and-build mandates, multijurisdictional carve-outs, and private equity transactions. With recent experience handling carve-outs, acquisitions, and buy-and-builds, Isabella Ramsay leads the private M&A team in Stockholm. Johan Ljungberg heads the M&A team in Gothenburg, with Hans Petersson leading in Malmö. Experienced in acquisitions, joint ventures, and public takeovers, Patrik Marcelius is head of public M&A nationwide. Corporate commercial lead Martin Pekkari is particularly active in the rail, infrastructure, and manufacturing sectors. Adam Green is noted for advising emerging companies in the mid-to-late growth stages, while Jon Rastad specialises in infrastructure-related transactions. Private equity expert Jan Holmius is also a key contact.
Practice head(s):
Patrik Marcelius; Isabella Ramsay; Johan Ljungberg; Hans Petersson; Martin Pekkari
Other key lawyers:
Adam Green; Jon Rastad; Jan Holmius; Maria Holme; Daria Yan; Niki Moini; Emma Fazlic; Johan Granehult
Testimonials
‘Daria Yan’s time management and deal ownership is exceptional. He is very effective and structured and cooperates perfectly without wasting your time. Hans Petersson is organised, structured, able to give advice and negotiate the deal on your behalf. He is a dealmaker. Niki Moini is very dedicated, responsive and offers great customer service.’
‘Maria Holme is a great transactional lawyer. Her ability to handle any situation with poise and precision sets her apart. She not only provides sound legal counsel but also demonstrates a thorough understanding of our business challenges, offering solutions that are both practical and aligned with our company’s objectives.’
‘Jan Holmius is a preeminent and highly experienced M&A practitioner with an excellent commercial mindset. He is extremely competent, highly dedicated, responsive and a true problem solver. Jon Rastad is our go-to lawyer for high-value private equity transactions and complicated restructurings. He is currently the most brilliant transactional lawyer in the Swedish market.’
‘I strongly recommend Maria Holme for her remarkable expertise and approach to legal matters. Maria is consistently calm, highly efficient, and possesses a deep understanding of complex and tricky situations. She excels at cutting straight to the point, offering clear, concise advice that saves time and eliminates confusion.’
‘Johan Granehult is very skilled and hard-working. He always puts the client first and works relentlessly to progress complex projects in a very dedicated manner. Emma Fazlic is an exceptional and up-and-coming associate. She quickly grasps complex issues. All-round she is very nice to work with.’
‘I highly recommend Mannheimer Swartling as an exceptional law firm that consistently delivers outstanding legal services. Their team is known for being highly efficient, working closely with clients to ensure they fully understand both the business and the industry landscape.’
‘Mannheimer Swartling’s team consists of highly skilled individuals that all contribute to our goals. Not only does the team bring great legal expertise to the table, they also have a strong commercial mindset, excellent availability and are fun to work with.’
‘The best Swedish firm for blue-chip corporate and private equity transactions. They have an exceptional bench of both partners and associates with in-depth industry knowledge regardless of area.’
Key clients
Accent Equity
Altor Equity Partners
City of Stockholm
Electrolux
EQT
Handelsbanken
H2 Green Steel
Intermediate Capital Group
Impilo
Klarna
Kry (LIVI)
Northvolt
OX2
Saab
Sandvik
SAS
SEB
Securitas
Spotify
Stockholm Public Transport Authority
Stockholm Region Council
Stora Enso
Summa Equity
Swedish Orphan Biovitrum
Söderberg & Partners
Telia
Valedo Partners
Volvo Cars
Work highlights
- Advised EQT and Bluestep Bank on the acquisition of Bank2, a Norwegian specialist mortgage bank, and the subsequent cross-border merger of Bluestep Bank and Bank2.
- Advised H2 Green Steel on securing €1.7bn in equity financing and €4.2bn in project debt financing to fund the world’s first large-scale green steel plant.
- Advised BHP Group on the CAD 4.1bn acquisition of Filo Corp., a Canadian mineral exploration company listed on Nasdaq First North Stockholm and Toronto Stock Exchange, made jointly with Nasdaq-Stockholm listed Lundin Mining Corporation.
Roschier
Roschier’s corporate and M&A practice stands out for its expertise in major transactions; the group’s recent representation of AI-powered global payment network Klarna in connection with the carve-out and divestment of Klarna Checkout is a recent highlight. Private M&A practice head Malin Leffler has considerable experience in the tobacco, media, and retail sectors, amongst others. Pontus Enquist heads the firm’s public M&A and private funds practice. Noted particularly for his experience handling large-cap PTOs, Jens Bengtsson leads the private equity team, while Ola Sandersson heads the corporate advisory department. Strong in the energy and investment sectors, Björn Winström plays a key role in the private M&A team, as does Markus Olsson, with notable recent activity in the fintech and auto spaces. Christoffer Benninge and Leo Lee are also key contacts.
Practice head(s):
Malin Leffler; Pontus Enquist; Jens Bengtsson; Ola Sandersson
Other key lawyers:
Björn Winström; Markus Olsson; Christoffer Benninge, Leo Lee; Fredrik Mandelholm, Veronica Stiller; Lisa Hybbinette; Demira Hajdarevic
Testimonials
‘Markus Olsson is an outstanding lawyer with an ability to cut through the complexities of cross-border M&A deals with ease. He always treated our team as a number one priority. He is thoughtful and took the time to fully understand the broader deal dynamics and objectives and then proposed practical and clear legal advice.’
‘Pontus Enquist is an outstanding attorney. He is as high-quality as the very best corporate practitioners in the US. He is also supported by a great junior partner and associate team at Roschier. They are all bright and pleasant to work with.’
‘Leveraging his extensive M&A knowledge, Markus Olsson delivered outstanding results in our capital raise. Markus really understands the ins and outs of these transactions and has a great commercial sense, so we got top-notch support. He stays calm under pressure and combines excellent legal skills with a practical approach, making him a pleasure to work with.’
‘Special mention goes to partners Fredrik Mandelholm, Veronica Stiller, Christoffer Benninge and Lisa Hybbinette whose leadership and insight have been invaluable, and senior associate Demira Hajdarevic. Together, they form a highly effective and dynamic team that I can always rely on. Their individual strengths, coupled with their collective teamwork, make them stand out from others in the industry.’
‘This practice stands out for its exceptional blend of legal expertise, dedication to client service, and innovative approach to solving complex issues. One of the key strengths of the team is their deep understanding of not only the law but also the specific industries and markets they serve.’
‘Compared to other firms, this team excels in both their technical legal knowledge and their ability to build lasting, trust-based relationships with clients. They offer a personalised, client-centric approach that consistently exceeds expectations, making them a go-to choice for any complex legal matter.’
‘Roschier’s M&A team is a pleasure to work with. They are highly responsive and service-minded, combining excellent legal skills with a commercial mindset that we truly value. Their performance clearly sets them apart from other top firms.’
‘The individuals I work with truly set this firm apart. Each member of the team demonstrates a remarkable level of professionalism, expertise, and dedication. They consistently go above and beyond to understand the nuances of my needs and deliver tailored, strategic solutions.’
Key clients
Investor
Volkswagen
Sandvik
Bonnier
TDC
Kinnevik
Atlas Copco
Knorr-Bremse
Outokumpu
Scania
Wallenberg Foundations
Macquarie
Midroc
Ontario Teachers’ Pension Fund
Nordstjernan
Philip Morris
Ingka
KKR
CVC Capital Partners
EQT (including the Buyout, Midmarket and Infrastructure Funds)
Patricia Industries
Altor Equity Partners
Triton
3i
IK Partners
Herkules Capital
Permira
Axcel
Apollo
Investcorp
Nordic Capital
Blackstone
GRO Capital
Bain Capital
Niam AB
Alma Property Partners AB
Slättö Förvaltning AB
Work highlights
- Represented fintech giant Klarna in the carve-out and divestment of Klarna Checkout.
- Representing Freya Investissement in the SEK 13bn acquisition of Kinnevik’s entire shareholding in Tele2.
- Representing Bain Capital in the acquisition of Eleda Group from Altor and minority sellers.
Advokatfirman Vinge
Advokatfirman Vinge’s leading M&A practice is experienced representing such noteworthy clients as Thermo Fischer Scientific Inc. whom it recently represented in connection with the acquisition of Swedish biotech firm Olink Holding AB. Practice head Jonas Bergström handles cross-border M&A and private equity transactions for blue-chips, corporates, and domestic and international sponsors. Private equity specialist Christina Kokko is especially active in the financial, retail, life sciences, and media sectors, while firm chairman Johan Winnerblad has considerable experience handling M&A mandates in the financial services, TMT, and life sciences sectors. Erik Sjöman is noted for his public M&A expertise, while Jonas Johansson’s varied practice sees him advise both sponsors and industrial actors on private M&A and private equity transactions. Matthias Pannier’s practice covers transactions, joint ventures, and carve-outs in various sectors. Jesper Schönbeck is also a key contact.
Practice head(s):
Jonas Bergström
Other key lawyers:
Christina Kokko; Johan Winnerblad; Jonas Johansson; Matthias Pannier; Erik Sjöman; Jesper Schönbeck; Wibeke Sorling; Johan Larsson; Elsie Nassar; Daniel Rosvall; Magnus Hedsund
Testimonials
‘Jonas Bergström is our go-to person; he is a very business-minded and hands-on lawyer who is extremely experienced, knowledgeable and solution-oriented.’
‘Johan Larsson is approachable, knowledgeable and has a solution-oriented approach to legal matters. He has supported us on some of our most important matters and always delivered with exceptional quality and high speed and in a manner that enables us to make quick decisions and progress projects.’
‘Wibeke Sorling and her team were great. She was always available and had great input regarding legal matters but also negotiation strategy. She certainly went one step further to ensure the best outcome for us as a client.’
‘Jonas Johansson has great experience and could advise us not only according to law but also according to practice. He always took time, even when we gave short notice. ’
‘The individuals I’ve worked with in this M&A practice are exceptional, and Jonas Johansson is a standout example of what makes this team unique. He distinguishes himself through his unparalleled ability to combine top-tier legal expertise with a keen commercial mindset. His reputation as the first choice for any transaction is well-deserved, as his negotiation skills and deep knowledge are truly second-to-none.’
‘The team is top-notch in every measurable metric. In particular we have been impressed with their expertise and experience in combination with the team’s availability and understanding of our business sector.’
‘Vinge has very skilled partners and associates who are dedicated to their clients in the long run, and have good knowledge of our business and industry which makes their advice relevant.’
‘What sets this practice apart is its unwavering commitment to client success through a blend of deep legal expertise and a genuinely client-focused approach. Their standout strength lies in their collaborative spirit—bringing together top-tier talent across various legal disciplines to provide comprehensive, well-rounded advice.’
Key clients
FAM AB
Tele2 AB
Lifco AB
Lagercrantz AB
Investment AB Latour
EQT Partners
Triton Partners
IK Partners
Bain Capital
Fidelio Capital
Verisure Securitas Direct Group
SEB
Sixth National Pension Fund
Orkla
Lantmännen ek för
Thermo Fisher Scientific Inc.
Procuritas Capital Investors
Sobro AB
Biotage AB
Samhällsbyggnadsbolaget i Norden AB
Work highlights
- Advised Thermo Fisher Scientific Inc in connection with its acquisition of Olink Holding AB.
- Advising La Française des Jeux SA after its announcement of a recommended public offer to the shareholders of Kindred Group plc.
- Advising Altor Fund VI on the sale of the Eleda Group to Bain Capital.
Advokatfirman Cederquist KB
Advokatfirman Cederquist KB’s M&A practice offers broad expertise spanning the infrastructure, telecoms, transportation, retail, and manufacturing sectors, amongst others. Practice head Pontus Röckert is well-known for advising private equity and venture capital funds on various transactions, including acquisitions, investments, divestments, mergers, and joint ventures. Carl-Johan Deuschl represents domestic and international companies, banks, and governmental bodies in relation to industrial M&A and infrastructure transactions. Martin Ulfson has a strong track-record in cross-border corporate matters. Johan Lidström has considerable experience handling private equity and M&A transactions in the large-cap and small to mid-cap segments. Senior associate Viktor Eriksson also plays a key role in the team.
Practice head(s):
Pontus Röckert
Other key lawyers:
Carl-Johan Deuschl; Martin Ulfson; Johan Lidström; Viktor Eriksson; Anna Green Jensen; Wilhelm Lüning
Testimonials
‘Johan Linström and Pontus Röckert are very solid advisers who know the local venture capital landscape and its players well.’
‘Wilhelm Lühning and Anna Green Jensen are both excellent legal advisers; approachable, responsive and super professional. They are also very fair in their fee structure.’
‘Viktor Eriksson has a very commercial mindset and is focused on what really matters for the transaction and issues at hand.’
‘An excellent team that provides solid advice, is very accessible, and professional. They are also very knowledgeable when it comes to public-to-private transactions!’
Key clients
Nordic Capital
Norvestor Equity
Polaris Private Equity
Orkla ASA
Instalco AB
Creades AB
Trill Impact
Allurity
Billerud AB
Max Matthiessen
NOBA Bank Group
Norion Bank
Ellos Group
Sambla Group
MTR Nordic
Bonava AB
Hjo Installation
Autocirc Group
Creandum
Index Ventures
Accel
Sortera Group
Cytel Inc.
BAE Systems Plc
Kesko Oy
Prima Materia
Nordnet Bank
Oda Group Holding
Work highlights
- Represented Nordic Capital in connection with its acquisition of a majority share in Foxway, a leading European provider of circular IT services.
- Represented MTR Nordic AB in the divestment of its subsidiary MTR Express AB, operating market-based open access railway traffic between Stockholm and Gothenburg, to VR Group.
- Advised Kinnevik AB in connection with the sale of its entire shareholding in Tele2 to Freya Investissement, an investment vehicle controlled by the European telecoms group iliad and its chairman and founder Xavier Niel through NJJ Holding.
Linklaters
Linklaters’ M&A team has particular expertise assisting international private equity firms and advising on complex, multijurisdictional transactions therein. Practice head Elisabet Lundgren has over 25 years of experience handling a wide range of cross-border M&A transactions. Charlotte Levin focuses on public-to-private transactions. Both Lundgren and Levin are considered 'experts in this area of law' by clients. Rasmus Kindlund has considerable private equity and private M&A experience; Kindlund is noted as an ‘exceptional partner with experience and judgement which belies his years’ by clients.
Practice head(s):
Elisabet Lundgren
Other key lawyers:
Charlotte Levin; Rasmus Kindlund
Testimonials
‘I have had the pleasure of working with Rasmus Kindlund who is not only dependable but also highly skilled. His ability to provide legal advice quickly and accurately has been invaluable to our team.’
‘Elisabet Lundgren is pragmatic and nice to deal with.’
‘Elisabet Lundgren and Charlotte Levin are experts in this area of law and directly take the lead and move the process forward swiftly and accurately with a good outcome. They are very sharp and results driven with integrity, empathy and a focus on deliverables. Their invaluable guidance is hands on and straight to the point.’
‘Rasmus Kindlund is an exceptional partner with experience and judgement which belies his years. We have worked with him and his team on two highly complex M&A transactions (one a marquee deal for our firm), where he provided consistently high-quality advice.’
‘The team stands out for its ability to stay ahead of the curve. Their deep understanding of market practices and agile methodology make them a reliable partner for any legal needs.’
‘The team has great knowledge of the market and legal environment. They are up-to-date, have very good accessibility, and are mindful of the wishes of the client.’
‘An excellent team for multi-jurisdictional projects that takes overall responsibility and provides a solid product out of one office.’
‘A very good team that is responsive and good at keeping the client in the loop.’
Key clients
Uniper
Macquarie Capital
Thomson Reuters
Just Climate
E.ON
Epiroc
Microsoft
ASSA ABLOY
Trelleborg
Bravida
TPG
Netel
Husqvarna
Akelius Residential Property
PostNord Group
Cerberus
Hy24
Nasdaq
Triton
Goldman Sachs Asset Management
EQT
PAI Partners
IK Investment Partners
Nordic Capital
GIC
Altor
Hg Capital
Lindéngruppen
Panasonic
Work highlights
- Acted as lead adviser to TPG on its investment into Syre, a Swedish joint venture controlled by Sweden-based fashion retailer H&M Group and Vargas Holding.
- Acted as lead counsel to the co-lead investors Altor, GIC, Hy24 and Just Climate on the c.€1.5bn private placement in H2 Green Steel.
- Acted as lead adviser to Hg’s portfolio company team.blue NV on its acquisition of Loopia Group.
Setterwalls
Setterwalls' corporate and M&A practice group stands out for its experience in the private equity space, with major international and regional private equity firms regularly instructing the team in a broad range of matters. Stockholm-based tech and finance sector specialist Anders Söderlind regularly advises buyers and sellers of Swedish companies as well as domestic and foreign strategic and financial investors. Anders Holmgren in Gothenburg has considerable experience advising Swedish and international clients on acquisitions, sales, and restructurings of unlisted companies, with an especially strong reputation in high-tech industries, including gaming. The pair lead the practice alongside Ola Grahn in Malmö. Commercial specialist Johan Hallén is also a key contact with a strong track-record in international matters. Mattias Detterfelt is trusted by domestic and international corporations, banks, and private equity firms.
Practice head(s):
Anders Söderlind; Anders Holmgren; Ola Grahn
Other key lawyers:
Johan Hallén; Mattias Detterfelt; Jon Ericsson; Johan Tönnesen; Samuel Pihl; Sebastian Sederholm; Bo Berndtsson; Marcus Olausson; Frida Lindhvall; Linnea Gävbo; Emelie Ögren
Testimonials
‘Anders Holmgren is probably one of the best M&A lawyers in Sweden; very professional, easy to work with, and, uniquely, always finds a solution. Whatever the issue is, when sitting in the same room, he always finds at least two different solutions so we can decide together how to move forward.’
‘Jon Ericsson and his team, including senior associates Johan Tönnesen and Samuel Pihl and associate Sebastian Sederholm deliver a first-class service. They are thorough, efficient and cooperative.’
‘Johan Hallén is a class act; bright, vastly experienced and super to work with. Bo Berndtsson is another stand out individual, combining significant in-house experience and private practice expertise to provide clients with pragmatic and targeted advice.’
‘Marcus Olausson is one of the best legal advisers I have worked with. He has very good communication skills and is very fast in his responses, he has a good common knowledge and sees the big picture. He is also innovative and suggests different ideas to take the process forward. Marcus is a true asset for Setterwalls.’
‘Mattias Detterfelt is a true star within M&A. He is a responsible and trusted adviser who cares about his clients 100% and is always available and proactive. Frida Lindhvall as project leader takes responsibilities for the full delivery and is very skilled. Linnea Gävbo is always available, very skilled, proactive, and collaborative. Emelie Ögren focuses on delivery.’
‘A reliable and responsive team that gives quality legal advice that is commercially applicable.’
‘It is important for law firms to understand different needs of different clients and they way they operate. Hence, one size does not fit all, and more importantly, it is not the law firm’s needs and ways of working that will dictate how legal matters shall be handled. They meet the needs of the client.’
‘They provide a high-level support with a down-to-earth attitude and approach. Their experience and seniority, combined with true business understanding gives us great comfort not only when it comes to pure legal advice but also general advice.’
Key clients
KKR
SEB Private Equity
Monterro
Priveq Investment
Standout Capital
Stonepeak Partners LLC
Thunderful Group AB
Dream Machine FX Holdings LLP
Ziklo Bank AB
North Media A/S
Pamica Group AB
The shareholders in Decon Wheel AB
Elof Hansson Holding AB
Mubadala Investment Company
Hydro Rein
Komplett Group AS
Catena
Grafotronic AB
Thunderful Group
Asker Healthcare AB
Knowit
Ports Group
Omegapoint
Rouse International Ltd.
Industri-Matematik International AB
Flerie Invest AB
Temasek Holdings (Private) Limited
Hafslund
SERNEKE Group AB
Bulten AB
Concordia Maritime AB
IRRAS
Work highlights
- Advising KKR Health Care Strategic Growth Fund II on the multi-billion SEK acquisition of Swedish Immedica Pharma.
- Advising SEB Private Equity and the other shareholders in connection with the multi-billion SEK divestment of Sesol to the private equity investor Nordic Capital.
- Advising Monterro and the other sellers in connection with the multi-billion SEK divestment of the SaaS company Next One Technology to EQT, which is investing together with Adelis.
Snellman
Snellman’s corporate and M&A practice in Stockholm advises domestic and international financial sponsors, multinational corporations, and Nordic public and private companies on domestic and cross-border acquisitions, divestments, and investments, amongst other transactions. With 20 years of experience representing private equity sponsors and corporates, Claes Kjellberg heads the private M&A team. Mattias Friberg, who regularly assists industrials, financial institutions, and private equity sponsors, leads on corporate and public M&A matters. Ola Åhman specialises in distressed situations, while Mikael Klang and Johanna Wärnberg focus on private equity transactions.
Practice head(s):
Claes Kjellberg; Mattias Friberg
Other key lawyers:
Ola Åhman; Mikael Klang; Johanna Wärnberg; Miklos Kovacs Scherlin; Lars Bärnheim; Ammar Khan
Testimonials
‘I think that the person who stands out the most is Johanna Wärnberg; she is very pragmatic and always on top of the case as well as easy to work with. ’
‘Johanna Wärnberg is a go-to lawyer for any M&A deal – she stands out as an innovative and creative issue-solver, thus enabling her to deliver the deal that you as a client want. Johanna is a great team player and manager who puts forward the right colleagues and their expertise at the right time. She is also very generous with her network.’
‘Miklos Kovacs Scherlin is a stellar commercial M&A-lawyer who quickly assesses a transaction and uses his curiosity and enthusiasm to uncover its value drivers to keep them in focus throughout the process while keeping the downside risks at a minimum.’
‘Lars Bärnheim’s track-record does not only speak for itself, it echoes to your advantage in every interaction with him and his team when you are his client. You want to be on Lars’ team. Lars’ negotiation skills are unparalleled, he is a fast thinker which enables him to put forth valuable and relevant arguments to support his clients’ positions.’
‘A very pragmatic team that is easy to work with. They give straightforward advice and are also transparent when it comes to billing.’
‘Snellman is a solid top-tier firm in Stockholm. They are also friendly.’
‘The team is flexible, agile and very adaptable to our specific needs.’
‘The team is quick and responsive with a good eye for detail and the big picture.’
Key clients
Castlelake, L.P.
NYAB AB
Long Path Partners
Paradigm Capital Value Fund
KLAR Partners Limited
IK Investment partners Ltd
Oriola Oy
Thoma Bravo, L.P
Sylvamo Corporation
Bonnier Capital
Ahlström Capital BV
Vida Aktiebolag
Fortum
Riverside Europe Partners AB
Equip Capital AS
SEB Investment Management AB
Work highlights
- Advised Castlelake, L.P. on the reorganisation and acquisition of Scandinavian Airlines Systems.
- Advised NYAB on its cross-border conversion re-domiciliation and simultaneous listing transfer from Finland to Sweden, being the first EU Mobility Directive based cross-border conversion with a simultaneous cross-border transfer of listing in Europe.
- Advised Thoma Bravo in its investment in Hypergene, a Swedish software-as-a-service company for planning and performance management.
White & Case Advokat AB
White & Case Advokat AB‘s commercial practice in Stockholm is jointly led by private equity specialist Shoan Panahi and Darragh Byrne who splits his time between Stockholm and Frankfurt, alongside tech expert Patrik Erblad who also works from the firm’s London office. The team regularly advises sponsors and other financial investors on acquisitions, sales, co-investments, and minority and growth capital investments. Key sectors for the group are health tech, fintech and payment services. Johan Steen has experience advising on domestic and cross-border M&A. Henrik Wireklint and Sebastian Wallin are also key contacts. Private equity expert and former co-lead alongside Steen Jan Jensen has relocated from Stockholm to Dubai.
Practice head(s):
Shoan Panahi; Patrik Erblad; Darragh Byrne
Other key lawyers:
Johan Steen; Henrik Wireklint; Sebastian Wallin
Testimonials
‘Shoan Panahi is the lead partner assisting us and he does a very good job, we are very happy. The junior team members always do a very good job as well.’
‘Sebastian Wallin provides unwavering support – he is always ready to lend a helping hand that weighs legal and commercial considerations in order to provide us with actionable advice. Key to his approach is an understanding of what the key issues are.’
‘Darragh Byrne is one of the all time greats. He is practical, responsive, and solutions focused.’
‘Patrik Erblad performs outstandingly. He is invaluable to have on your team, with deep legal knowledge combined with an excellent business mind. With him as your partner you are guaranteed the best possible terms and legal documents in place, and you get the deal done!’
‘Always able to deliver a highly skilled team that is available to answer our specific queries across many topic areas – and provide a service-minded approach.’
‘A team of wicked smart lawyers who are insanely practical and solutions-oriented, very responsive.’
‘An excellent team in both Stockholm & London with strong knowledge in the TMT sector! They have deep legal knowledge of international M&A transactions including all adjacent matters as well as very strong business acumen and the ability to to give pragmatic advice. Simply the best team to work with in M&A in the Nordics!’
‘A proactive, pragmatic and knowledgeable team.’
Baker McKenzie
Baker McKenzie’s M&A team in Stockholm remains active in the Swedish market. Experienced commercial lawyer Carl Svernlöv has broad experience advising clients in the aerospace, airline services, defence, industrial electronics, IT, and telecoms sectors, amongst others. He leads the group alongside managing partner Costin Mihailescu who advises private equity houses and their portfolio companies on M&A. Anders Fast and John Gustafson are key contacts in the team.
Practice head(s):
Carl Svernlöv; Costin Mihailescu
Other key lawyers:
Anders Fast; John Gustafson; Carl Iskasson
Testimonials
‘John Gustafson is probably the best M&A lawyer in Sweden right now and is able to handle any M&A matter. John is a great guy too and fun to work with. He is always available and always commercially-focused.’
‘Costin Mihailescu is clear, direct and pragmatic – an overall great advisor. John Gustafson is a calm and collected in all situations and Carl Svernlöv is probably one of the best corporate law advisers in Sweden.’
‘Carl Iskasson has excellent project management skills and always goes that extra mile for the client. He understands our levels of risk and is super talented: an upcoming star.’
‘I would like to highlight John Gustafson. He has an impressive ability to navigate complicated legal frameworks while keeping our commercial objectives front of mind. This balance between legal expertise and business acumen makes John an exceptional business partner and advisor.’
‘Costin Mihailescu is one of the very best M&A lawyers in Sweden. He has broad experience with highly complex cross-border deals and is very commercially-oriented. He is very hands-on and proactive, and always keeps the interests of his client in mind. John Gustafson is an up-and-coming rising star, in my opinion. He is very diligent, skilled and comfortable to work with.’
‘Baker McKenzie in Sweden is both a very good local offering for advice on transactions and capital markets in Sweden, whilst also an excellent gateway to the global offering of Baker McKenzie. The team is pragmatic and grounded, whilst offering excellent project management and goal-oriented advice.’
‘The team is outstanding when it comes to business orientation, combining legal advice with a practical approach and human capital. They seem to remember everything we’ve ever done together too.’
‘From the moment we engaged their services, we have been met with professionalism, expertise, and a genuine commitment to achieving the best possible outcomes for our needs.’
Key clients
Olink Holding AB (publ)
Erik Penser Bank
Oda Group Holding AS
Shareholders of Charge Amps
Shareholders of Vi Tri Medical AB
Biamp Group
Flowserve Corporation
Safe Life
Nalka Invest AB
Nordic Capital
BLQ invest
Håndverksgruppen
Work highlights
- Advised Olink Holding AB, a leader in next generation proteomics in its sale to Thermo Fisher Scientific in an all-cash transaction valued at approximately $3.1bn.
- Advised Erik Penser Bank on the divestment of its Wealth Management and Corporate Finance business areas to Carnegie.
- Acted as Swedish legal advisor to Norwegian Oda in connection with the merger with Swedish Mathem; the merged companies form a new Nordic market leader in e-commerce of groceries with home delivery, with a total turnover of over SEK 5 billion.
Bird & Bird
Bird & Bird’s corporate and commercial group in Stockholm is particularly strong in the tech, media, telecoms, IP, and renewables sectors. Hans Svensson has experience advising on public and private M&A, joint ventures, and strategic co-operations. He is especially active in the tech, communications, media, and payments sectors. Mårten Willamo has a strong track-record advising private equity investors and industrial companies on regional M&A. The two lead the team alongside commercial lawyer Mattias Lindberg. Martin Folke stands out for his work with high-growth tech companies.
Practice head(s):
Hans Svensson; Mårten Willamo; Mattias Lindberg
Other key lawyers:
Martin Folke
Testimonials
‘Mårten Willamo brings experience and unrivalled expertise to any team he’s leading. Regardless of the team composition you can, as a client, feel the presence of Mårten.’
‘The team is competent and available which are the two most important factors when dealing with transactions.’
Key clients
Fortum
Honeywell
Double Down Interactive
Nordic Alpha Partners
Guesty Inc
Green Cargo
Majority
Omnia
Cirio Advokatbyrå AB
Cirio Advokatbyrå AB’s M&A practice stands out for its experience handling transactions in the renewable energy sector, with the team also active in the tech, life sciences, healthcare, food, and real estate sectors, amongst others. Anders Moberg’s varied practice covers cross-border M&A and strategic private equity investments. He leads the group alongside public M&A specialist Annika Andersson. Fredrik Morfeldt, Peter Lilja, and Peter Högström also play key roles in the team.
Practice head(s):
Anders Moberg; Annika Andersson
Other key lawyers:
Fredrik Morfeldt; Peter Lilja; Peter Högström
Testimonials
‘The quality of the advice and availability of the team stand out.’
‘They have a very strong understanding of both US and Swedish corporate law and how they fit together.’
‘They are very understanding of different cultures and ways of working and get to the heart of what really matters and tries to keep it efficient and avoid ‘over lawyering’.’
‘A team with strong business understanding and flexibility.’
Key clients
Rubicon Technology Partners
Biokraft
ENERCON GmbH
DORE
Top Online Partners Group Limited
Svevind GmbH
BW Energy Storage Systems
Avoki
Vita Verita AB
Lupus Foder
Grade AB
Halma International Limited
Besqab AB
Lauxera Capital Partners
Five Arrows
Antin Infrastructure Partners
Lupito Invest AB
Work highlights
- Representing Biokraft International AB in a SEK 900m public takeover offer by 1Vision Biogas AB and various financing matters related to the takeover offer.
- Representing ENERCON GmbH and Svevind GmbH in respect of the sale of regulated grid company Markbygden Net to Swedish major utility Ellevio.
- Representing Telia Company in the sale of its operations and network assets in Denmark to Norlys a.m.b.a. to a value of DKK 6.25bn, on a cash and debt-free basis.
CMS Wistrand
CMS Wistrand’s practice is active in the domestic and cross-border mid-market M&A space wherein it advises Nordic and multinational companies as well as private equity and venture capital investors operating in the media, IT, industrials, healthcare, and auto sectors, amongst others. Stockholm-based Ólafur Steindórsson leads the team alongside Per Dalemo in Gothenburg who specialises in advising investors and shareholders on pan-Nordic matters. Robert Kullgren heads the firm’s German desk. Vilhelm Nyström and Henrik Aurelius are noted for their contributions.
Practice head(s):
Ólafur Steindórsson; Per Dalemo
Other key lawyers:
Robert Kullgren; Vilhelm Nyström; Henrik Aurelius; Erik Frykenholt; Anton Bengtsson
Testimonials
‘Gothenburg-based Per Dalemo stands out. He is very well-connected in the market and is involved in many big ticket M&A mandates. Per is an excellent M&A practitioner with vast experience and a good eye for the details too. He is also very easy to work with and we will definitely continue to do so.’
‘Robert Kullgren and Henrik Aurelius are just excellent. I have experience working with several lawyers over the years but Robert and Henrik stand out.’
‘Vilhelm Nyström is one of the absolute best lawyers I have ever worked with and I have worked with many. He really walks the extra mile in order to proceed in the process and to close the deal. He really knows what is needed to get a deal closed. He is very available and always has good suggestions on upcoming solutions.’
‘Per Dalemo, Erik Frykenholt and Anton Bengtsson were excellent to work with. They made themselves available at all times, offered practical legal advice and displayed a strong understanding of their respective practice areas. It was particularly helpful for our group that they could also provides services for us in English.’
‘Robert Kullgren is the shrewdest deal maker I have worked with. Rather than the usual way of thinking of the negotiation as a game of poker or chess, he acts as if playing Go: calmly and seemingly congenially putting the marks methodically to ensure that you secure the part of the board you set out to gain.’
‘Wistrand consistently delivers with speed and efficiency, always keeping the end result in focus.’
‘Their business acumen and negotiation skills are outstanding, ensuring every deal is approached strategically. They maintain a sharp eye for detail, and their commitment to excellence sets them apart.’
‘They are a pleasure to work with, combining professionalism with a personable approach. Highly recommend for anyone seeking a results-driven legal partner!’
Key clients
Stena Group
Schibsted
Strawberry Group
EG
Vertiseit AB
Roche
Pangea
Eterna Invest
Almi Invest
AIG
Mycronic
CapMan
B3
Atea
Proact
Einride
Greencarrier
Coesia
Shurgard
Nokas
Burgsvik Group AB (Rasta Group AB)
Fu-Gen
Mayr-Melnhof Holz
Spring Media
Scienta Scientific
Hydra Specma
Sesol
JM AB
Hypex Bio Explosives Technology
Unibap AB
HAHN Group
Vossloh AG
pewag group
Investment AB Spiltan
Work highlights
- Advised EG on its recommended public offer to the shareholders of Mestro.
- Advised Vossloh on its acquisitions of Scandinavian Track Group as well as Sateba Group.
- Advised Auctus Capital-backed Builtech on its acquisition of Brion Group.
Advokatfirman Delphi
Advokatfirman Delphi’s team has broad competence spanning public takeovers, acquisitions, divestments, spin-offs, reorganisations, and carve-outs, particularly in the Nordic mid-market space. Michael Juhlin in Stockholm has experience advising companies, private equity firms, and financial institutions. Gothenburg-based Christoffer Mangelus is noted particularly for his experience in carve-outs. The two partners chair their respective offices, with Stefan Lindh and Cecilia Lundh leading in Linköping. David Aversten has expertise handling M&A and private equity transactions.
Practice head(s):
Michael Juhlin; Christoffer Mangelus; Stefan Lindh; Cecilia Lundh
Other key lawyers:
David Aversten
Testimonials
‘David Aversten is a highly accomplished lawyer whose strategic insight and deep legal expertise make him an invaluable asset to us as a client. With a calm yet decisive approach, David navigates complex legal issues, providing clear and actionable advice that helps us achieve our business objectives.’
‘Christoffer Mangelus, the head of Delphi’s M&A practice in Gothenburg, stands out among M&A leaders in Sweden due to his highly business-focused approach, creative problem-solving abilities and excellent responsiveness, while never losing focus on managing the complex legal issues involved.’
‘A trusted legal adviser in smaller M&A projects. They are dedicated and pragmatic team that is value for money and hands on with a clear sense of key business drivers.’
‘They firmly understand the business and what is central to each case and are efficient and adapt well to different situations, which I appreciate.’
‘They are attentive and do not emphasise their excellence but deliver as proof of their competence.’
‘Delphi’s M&A practice is in my view uniquely positioned due to its responsiveness, superb problem-solving abilities, and creative, business-oriented approach.’
‘The practice is also ahead of many others regarding utilising new technologies to the benefit of clients, such as AI in due diligence processes and contract drafting to ensure high-quality at a lower cost.’
‘Delphi’s team stands out for its exceptional combination of deep legal expertise, client-focused approach, and innovative thinking. The firm consistently delivers top-tier legal advice across a range of practice areas, all while maintaining a personal touch that clients deeply appreciate.’
Key clients
Alligo
Verdane Capital
Momentum Group AB
Addlife AB
Bure Equity AB
Schibsted
Bergman & Beving AB
NIBE Industrier AB
Addtech AB
Rantalainen Group
Formica Capital
Serneke Group
Dentsply Sirona Group
Optigroup AB
Buyers Edge Platform Group
Ridestore Group
MVI Advisors AB
Intera Partners Oy
Adelis Equity Partners
Veolia Nordic AB
Polestar Performance AB
Addnode Group AB (publ)
Easypark AB
Gaming Innovation Group Inc.
Infineon Technologies AG
Mycorena AB
Work highlights
- Advised Vitruvian Partners in relation to its acquisition of all shares in Aspia.
- Advised Schibsted in relation to its exit from fintech company Rocker AB.
- Advising Momentum Group as lead counsel in mergers and acquisitions, corporate work and capital markets work.
DLA Piper Sweden
DLA Piper Sweden’s team is regularly involved in domestic and cross-border matters in the tech, life sciences, fintech, and infrastructure sectors, amongst others. Elevated to practice head in May 2024, Mathias Berggren handles a high volume of M&A and private equity transactions, including for major international private equity sponsors and corporate investors operating in the tech and industrial spaces. Anders Malmström has considerable experience advising multinationals and private equity firms. Mikael Moreira focuses on M&A, private equity, and venture capital transactions in the tech sector.
Practice head(s):
Mathias Berggren
Other key lawyers:
Anders Malmström; Mikael Moreira; Petter Kjöllerström; Anton Olenius; Sara Latrach; Jesper Lindbom
Testimonials
‘Mikael Moreira has a ton of experience advising high-growth companies scaling internationally – he is a great partner to us and our portfolio. Mikael is the go-to-person for VC deals in Sweden.’
‘Petter Kjöllerström, Anton Olenius and Sara Latrach provide excellent service and availability and go above and beyond in delivering on our requests.’
‘Mikael Moreira stands out as a highly client-centric and knowledgeable adviser in the corporate and venture capital space. His deep understanding of venture capital dynamics and market conditions is impressive, allowing him to offer practical and strategic guidance.’
‘DLA Sweden has been able to provide a very stable and competent team over a period of more than 5 years. That makes the different transactions and processes work very smooth, and they truly understand our needs as a client.’
‘A knowledgeable team who do most of the venture capital deals in Sweden.’
‘A team with wide knowledge and experience offering creative solutions, professionalism and quality service.’
‘They have great knowledge about all things tech and SaaS. A highly experienced team in dealing with minority owners and issues that arose during the transaction.’
‘A great team set-up with two partners and two associates offering outstanding attention to both details and getting the job done on time and to the best quality.’
Key clients
Metro AG
EQT
Storskogen
Din Bil Sverige
Creandum
CBRE Group
Canada Pension Fund CPPIB
SEB (Skandinaviska Enskilda Banken)
Novax
Swedbank
The Swedish State Pension Funds; Första, Tredje, Fjärde och
Sjunde AP-Fonden
Eterni Gruppen
AddSecure
Allianceplus Holding
Ville Silvasti Oy
Cube Infrastructure
TSG Group
Scania CV Aktiebolag
Fairpoint Capital
Novax
Consolid Equity
Northzone
Siemens
AXA Investment Managers
ABRY PartnersVertex Inc.
Equip Capital
H&M
Karat
Systemair
Dundee Partners
Skogsfond Baltikum
Work highlights
- Advised Siemens Financial Services with its investment in H2 Green Steel.
- Advised Cube Infrastructure Fund on the acquisition of Urbaser Nordic.
- Advised Vertex, Inc. in connection with a recommended cash offer to the shareholders of Pagero Group AB.
Hammarskiöld
Hammarskiöld handles domestic and cross-border matters in a variety of sectors, including tech, manufacturing, and education. Erik Fahlgren’s broad experience encompasses post-transaction integration work. Erik Löfwall regularly advises domestic and international corporations and Nordic private equity funds on cross-border transactions. Magnus Bohman is noted particularly for his experience handling sell-side, mid-sized M&A matters. Sanna Isaksson who joined the firm from Kanter Advokatbyrå KB in March 2024 brings considerable private M&A and private equity experience. The four co-head the team. Jakob Falkman left the firm in May 2024 to start his own.
Practice head(s):
Erik Fahlgren; Erik Löfwall; Magnus Bohman; Sanna Isaksson
Testimonials
‘Erik Löfwall is very involved and very solutions-oriented.’
‘Erik Fahlgren and the Hammaskiold team are excellent partners for cross-border M&A and commercial transactions. They are technically excellent, but also quite practical. I appreciate their responsiveness and ability to meet even the most aggressive timelines.’
‘Our main contact is Erik Löfwall who is incredibly hardworking, truly service-minded and a pleasure to work with. He involves top associates and he is a trusted advisor to his clients and relationships.’
‘Erik Fahlgren stands out as an excellent team leader. He effectively marshals the right resources for the matter. He is a wonderful partner who provides valuable insights and counsel to both his clients and the other lawyers working on the matter.’
‘For years Sanna Isaksson has provided us with unmatched expertise across a broad range of areas, consistently delivering top-tier advice with a level of commitment we haven’t experienced elsewhere. Sanna is a true star, and we’re incredibly fortunate to have her by our side.’
‘We’re very happy with Hammarskiöld due to their broad expertise across various sectors and their consistent availability. They’re always responsive, offering practical, tailored advice no matter the complexity of the issue. We’ve built a strong relationship with them, and their commitment gives us confidence in navigating legal challenges effectively.’
‘Hammarskiold’s team and practice are impressive. The firm advises blue-chip clients in a blue-chip manner. The firm has a state-of-the-art approach and excellent market penetration in various sectors.’
‘The firm stands out because they combine a personal approach with top-tier advice and service.’
Key clients
Litorina V Investment AB
Altor Equity Partners
Trill Impact
Trill Impact
ILT Inläsningstjänst AB
Scania CV AB
Maria Nila Group AB
Socomec SAS
Monterro
Groupe Beneteau
Valsoft Corporation Inc
Adelis Equity Partners
Assemblin
Caverion Group
FirstVet AB
Accel-KKR
Round2 Capital
Work highlights
- Advised Trill Impact and Infrakraft on the acquisitions of Järnvägselektrikerna i Mälardalen AB,LMV Kontaktledning AB and Powerstruc AB, as part of Infrakraft’s successful and rapidly growing buy and build strategy to be one of the leading infrastructure service providers in the Nordics.
- Advised Trill Impact and ILT Inläsningstjänst on the acquisitions of EducateIT, Aski Raski AS and Nessy Learning Limited.
- Advised Swedish global truck manufacturer Scania in its equity investments in the Swedish “green” “CO2-neutral” steel producer/supplier H2GS and in the Swedish lithium-ion battery manufacturer Northvolt.
Advokatfirman Lindahl KB
Advokatfirman Lindahl KB’s nationwide practice remains active in the mid-cap M&A segment. Practice head Henrik Nobel has broad M&A experience with an emphasis on private equity and venture capital transactions. Thorbjörn Wennerholm has expertise in public and private domestic and international M&A, while Michael Edquist is noted for his expertise in strategic M&A. Svante Liljedahl, Robert Asplund, and Emanuel Wallin oversee the practice alongside Nobel, Wennerholm and Edquist. Jan Byström has noteworthy international M&A and private equity experience.
Practice head(s):
Henrik Nobel; Thorbjörn Wennerholm; Svante Liljedahl; Michael Edquist; Robert Asplund; Emanuel Wallin
Other key lawyers:
Jan Byström; Moritz Weller; Erika Svensson
Testimonials
‘I have worked with Moritz Weller for years and he is a very trusted partner. He is very knowledgeable, solution-oriented and pragmatic. He always tries to find solutions and puts us in contact with other people in the organisation as needed. He is very reliable and we always feel that we are in good hands when working with him.’
‘Michael Edquist has a very high-level of competence in several areas, such as M&A, the Companies Act, MAR etc. He is very good in communicating with both the counterpart as well as us as a client.’
‘The team is accessible, friendly, cooperative, flexible and knowledgeable. We work a lot with Erika Svensson who has all the qualities mentioned.’
‘Lindahl has a broad spectrum of competence which makes them our go-to practice in Sweden. They are very professional and knowledgeable and easy to work with.’
‘They have a unique combination of high legal knowledge and skill together with the capability to support clients in business matters.’
Key clients
Ratos AB
Polaris Private Equity
CapMan Buyout
Bonnier Capital
Clas Ohlson AB (publ)
1KOMMA5° GmbH [Germany]
Viking Venture [Norway]
Fotografiska International
Sareq AB
Prevas AB (publ)
Kamic Group / Amplex
Cramo AB
Volati AB
eEquity Venture
At One Ventures
Equator Africa, LLC
Work highlights
- Advised Combient and SEB on the sale of Europe’s largest private AI lab, Silo AI Oy, to Advanced Micro Devices, Inc (AMD) at a deal value of $665m.
- Advised Clas Ohlson on the acquisition of 91% of the shares of Spares Europe for an upfront purchase price of SEK 430m plus contingent earnout of SEK 225m.
- Advised founders and majority shareholders on the sale of Didner & Gerge Fonder to Carnegie.
TM & Partners
TM & Partners’ M&A team regularly advises domestic and international private equity funds, state-owned companies, and industrial corporates, amongst other clients, on a broad range of matters spanning acquisitions, takeovers, and divestitures. Practice head Sten Hedbäck focuses on private M&A, regularly advising industrial companies, private equity funds, and other financial investors in connection with all types of acquisitions and divestitures. Niclas Högström advises industrial clients as well as private equity and venture capital funds. Vaiva Eriksson has a strong relationship with clients in the agriculture and auto sectors, amongst others. Per Granström is also a key contact.
Practice head(s):
Sten Hedbäck
Other key lawyers:
Niclas Högström; Per Granström; Vaiva Erikssson; Tom Bovaller; Sara Jacobson; Hanna Hillgren; Johan Wigh
Testimonials
‘Vaiva Erikssson has an excellent business understanding and identifies potential issues already at an early stage which allows the client to avoid any pitfalls later in the process. Tom Bovaller is very attentive and stays on top of things. His proactivity is very appreciated.’
‘Sara Jacobson is an exceptional lawyer whose expertise and dedication make her a standout. She offers good insight, a client-first approach, well-thought-out solutions, and is a very nice person to work with. Vaiva is a great professional with high expertise and problem-solving abilities as well as a deep understanding of the law combined with a pragmatic approach.’
‘I highly recommend Vaiva Ericsson for her expertise, professionalism and collaborative approach. Vaiva stands out as an exceptional lawyer who is not only easy to work with but also highly skilled in navigating complex issues. Her ability to align international requirements with local legal frameworks is especially valuable. Overall, Vaivas’s dedication and ability to deliver results make her a great asset to any transaction.’
‘Niclas Högström is an excellent M&A lawyer you really want to have on your side. His accessibility and expertise in advising on demanding cross-border M&A projects is particularly valuable in getting the deal done. We very much look forward to working together with Niclas soon again.’
‘Vaiva Eriksson is skilled and experienced as well as responsive, service-minded, easy to work with and goes to great lengths to make us happy as a client.’
‘The individuals are extremely agile and available at all times. The lawyers we primarily work with are Per Granström, Hanna Hillgren, Johan Wigh and Sara Jacobsson. They are all very knowledgeable and easy to work with. They also have a business understanding which makes discussions good and risk assessment easier.’
‘The team is extremely agile and available at all times. They do everything we need and make sure every detail is fully understood and processed from both their and our side. The team is very knowledgeable, but in case we need extra competence they bring in other partners from the firm.’
‘TM & Partners has acted as Swedish legal counsel to us in connection with a number of transactions and other related matters and we are extremely happy with the team’s excellent legal knowledge and capabilities, business acumen, and communication skills. We do not give praise lightly, but their accessibility and service level has been exceptional.’
Key clients
Ametalis AB
Apoteket
Aquila Capital (Germany)
BTR Accounting and Payroll Services AB
CCRM Nordic
C-Green Technology
Colmec Holding AB
Ekström Invest
Hambro Perks
Hillebrand Gori Group GmbH
Imagimob AB
Jetpak Top Holding AB
Karnell Private Equity
Lantmännen ek för
LRF Media
Mimir Capital
NetNordic Group AS
Nexxiot AG
Norvestor Equity
Obvious Ventures
OpSec Security
Permascand Top Holding AB
PHM Sweden AB
PlintPosti Group
Priveq Investment
PropTech Energy
Team Olivia
Tradera
Tutus Holding
Willo Holding AB
Work highlights
- Advising the Procuritas portfolio company Team Olivia on the sale of its Swedish care division, including the operations within Individual & Family and Home Care business, to Attendo.
- Advising Permascand Top Holding in connection with Altor PC AB’s recommended public offer to the shareholders of Permascand.
- Advising Lantmännen ek för in connection with the merger of Lantmännen Agroetanol AB, Lantmännen Oats AB and Lantmännen Reppe AB into one single company – Lantmännen Biorefineries AB.
Eversheds Sutherland
Eversheds Sutherland’s team regularly advises Swedish and international clients in relation to acquisitions, dispositions, carve-outs, and private equity and venture capital transactions, as well as on general corporate matters. With expertise in cross-border transactions and reorganisations, Ulrika Sparrman leads the corporate and M&A team, in which Jens André plays a key role. Michael Hylander and Linda Kempe jointly lead the firm’s commercial group.
Practice head(s):
Ulrika Sparrman; Michael Hylander; Linda Kempe
Other key lawyers:
Jens André; Anna Thoms; Johan Kennemyr
Testimonials
‘Johan Kennemyr is always available and swift to respond. Michael Hylander is a great lawyer who gives clear advice.’
‘Our main point of contact, Anna Thoms, has been very valuable as she brings not just a legalistic view but a commercial and pragmatic approach. She also took on a broader project management role in the last few days to bring together many elements of the transaction together.’
‘A full-service firm with global reach and local presence.’
‘The practice has a broad range of expertise – we have been able to draw on experts in their M&A, unions, working environment, machine safety and real estate teams – and a very good network, geographically as well as across legal disciplines, with excellent availability of the relevant expertise.’
‘The team stands out for its responsiveness, competence and devotion.’
‘Their in-depth knowledge in critical areas and topics are crucial for us as a company and we always feel that we get fantastic support from the company.’
‘The team was very quick stepping up to support and provide high-quality legal advice. There is always great availability.’
‘The firm is great value for money. Additionally, they are competent and pragmatic when understanding and evaluating risks, as well as providing advice to mitigate risks.’
Key clients
Digitalist Group Oyj
Brady Corporation
Tenneco Inc
Veoneer
3M Svenska AB
Wienerberger AG
AcadeMedia
JCE Group
SpectrumLeaf
Industrial and Financial Systems, IFS AB
Kingspan Group Plc
Omda Group
Sdiptech AB
Zordix AB
NKT A/S
Korkia Oy
Rockwell Automation Inc
Amex
Linxon Sweden AB
Enaco Sverige AB
W5 Solutions AB
Coor Service Management Group AB
Johnson Matthey Formox AB
Monterro AB
Aprendere Skolor AB
Umida Group
Perrigo AB
Gigasense AB
ChargePanel
Swedemount AB
Hero AG
Semper AB
Hasko Invest AB
Ejendal Invest AB
Connecting Capital Sweden AB
Etteplan Oy
Work highlights
- Advised the automotive tech company Veoneer and SSW Partners in connection with the sale of the Veoneer Group to American Industrial Partner.
- Advised Wienerberger AG, through its subsidiary Pipelife Sverige Aktiebolag, in connection with the acquisition of Wideco Sweden AB, a leading IoT company that increases safety and efficiency in industries and buildings.
- Advised the Hero Group on the sale of their Semper Gluten Free business in the Nordics to Dr. Schär.
Magnusson Sweden
Magnusson Sweden’s corporate and M&A practice is particularly active in the financial services, insurance, hospitality, energy, environment, and retail sectors. The team is instructed by a number of major clients, including international hedge fund and asset managers. Practice head Anders Bäckman has considerable experience handling domestic and international M&A and joint ventures. Jonas Bergquist is strong in the energy sector. Lars Törner Larsson, having joined from CMS Wistrand in February 2024, brings tech-sector expertise, including in relation to blockchain-related matters.
Practice head(s):
Anders Bäckman
Other key lawyers:
Jonas Bergquist; Lars Törner Larsson; Hugo Stålbröst
Testimonials
‘Jonas Bergquist responds quickly.’
‘Hugo Stålbröst is service-minded, professional and reaches out to experts if needed.’
‘They have all the expertise needed for any case.’
‘They deliver hands-on support and practical documentation. They have been very responsive and fast in their delivery.’
Key clients
Endava PLC
Söderberg & Partners
NO-GA Group (or Nordiska Galleriet)
Franchise Brands PLC
Sibelco
Parks & Resorts Scandinavia
Bure Equity
Atle Investment Management
Lassila & Tikanoja PLC
Aviator
Aira
Work highlights
- Advised Lassila & Tikanoja in connection with the acquisition of one hundred percent of the shares in PF Industriservice AB through its group company Sand & Vattenbläst i Tyringe AB.
- Represented NO-GA GROUP on its strategic acquisition of SOECO, a leading provider of sustainable furniture goods and services to businesses.
- Advised Parks & Resorts Scandinavia in connection with the sale of the camping business at Skara Sommarland to First Camp, including the preparation for the sale involving an extensive restructuring, as well as due diligence and drafting and negotiating transaction documents.
MAQS Advokatbyrå
MAQS Advokatbyrå’s M&A practice continues to gain traction in the Swedish market. Practice head Anton Olsson has broad experience in acquisitions and private equity transactions. Fredrik Mörner joined the firm from Advokatfirman Delphi in January 2024; his experience includes advising institutional investors, corporates, and investee companies on domestic and cross-border transactions. Sara Malmström leads the firm’s start-up and scale-up group, in which Dan Örnfjäder plays a key role.
Practice head(s):
Anton Olsson
Other key lawyers:
Fredrik Mörner; Sara Malmström; Dan Örnfjäder; Amanda Dyberg; Christina Berggren, Malin Johansson; Cecilia Sikström; Joel Lundgren
Testimonials
‘Fredrik Mörner aligns with our overall strategy, understands our priorities and handles the different views and wishes of key stakeholders with ease. He plans ahead, controls the process and makes sure things get done on time, and correctly.’
‘What makes this practice unique is the combination of deep expertise and a humble, client-centred approach. Dan Örnfjäder stands out not only for his broad and profound legal knowledge but also for his ability to communicate complex issues in an accessible, clear manner. He guides clients through multiple perspectives on a matter, ensuring they fully understand their options.’
‘The one standing out in the team has been Amanda Dyberg. I’ve never worked with a better lawyer. She is remarkable and makes the client feel safe.’
‘Dan Örnfjäder was really pragmatic, business-minded and open to innovative solutions. He’s the best lawyer within this field that I have ever worked with. I have spent millions on other lawyers before but will follow Dan wherever he goes.’
‘Sara Malmström is an exceptional person and partner who I truly enjoy working with. Sara’s high level of engagement, understanding of our needs and sense of urgency are true key qualities. We speak the same language and have a great, smooth and fun cooperation. Joel Lundgren in Sara’s team is also truly excellent.’
‘While being excellent and strong lawyers, they are also easy-going, communicative and a pleasure to work with. Special mentions would go to Anton Olsson, Christina Berggren, Malin Johansson and Cecilia Sikström. In each project and task we have worked on together, MAQS has provided a high quality of work with great value. ’
‘MAQS Advokatbyrå’s team is really something special. They’re not just sharp legal minds; they’re like a well-oiled machine when it comes to getting things done. What sets them apart is their knack for understanding our business needs and turning complex legal jargon into practical solutions.’
‘MAQS Legal Agency stands out for its exceptional team of legal professionals who combine deep expertise with a forward-thinking approach. What makes this practice unique is the way they tailor their services to meet the specific needs of each client. The team is highly collaborative, ensuring that clients benefit from the collective experience and diverse backgrounds of every member, from senior partners to junior associates.’
Key clients
SKF Group
China-Euro Vehicle Technology AB (CEVT)
BNP Paribas
Alfred BergPrimotech Group AB
Semcon AB
Tången Industrikapital AB
Rabbalshede Kraft AB
Stampen Lokala Medier
Profura AB
ZENSEACT AB
GPX Medical AB
Vätterleden Invest AB
Pandora AS
Oblique Therapeutics AB
Fluicell AB
IRLAB Therapeutics AB
OneMed Sverige AB
Sjöson AB
OnDosis AB
Limhamnshus Industri AB
Urban Rights
ProCarbon AB
Addtech AB
AddfLife AB
Work highlights
- Represented Karsten Nohl in the sale of SRLabs, a globally recognized cyber consultancy based in Berlin and Hong Kong, to Allurity.
- Advised Stena Sessan, Neudi and the minority shareholders in the sale of all shares in Doktor24 AB to Doktor.se.
- Advised Korys on its investment in green-tech pioneer Greenely, a company that is leading the way in energy innovation with its virtual power plant, which helps keep the Swedish power grid stable by aggregating and optimising energy use across various sources.
Morris Law
Morris Law’s corporate and M&A practice advises on both domestic and cross-border transactions. Practice head Martin Prager advises Swedish and international corporate clients as well as private equity sponsors on domestic and cross-border transactions. Racine Ashjari regularly advises on the acquisition and sale of listed and non-listed companies, as well as on general corporate matters. Olof Myhrman acts for private equity, investor, and industrial clients on acquisitions, divestments, investments, and mergers, amongst other matters.
Practice head(s):
Martin Prager
Other key lawyers:
Olof Myhrman; Martin Prager; Johanna Juhlin; Racine Ashjari; Therese Andersson
Testimonials
‘Olof Myhrman is the go-to for cross-border work. He is highly connected and really cares about his clients, which shows in his work.’
‘Martin Prager is an exceptional strategic thinker who’s abilities go far beyond transactional work and he has an ability to foresee the client’s needs before they incur.’
‘Olof Myhrman is a skilled lawyer and very capable with clients and the same applies to Karl Bondesson.’
‘Therese Andersson and Martin Prager have a fantastic ability to connect and build relationships with parties on the opposite side, e.g. sellers, which is hugely important for us as trust is key.’
‘Racine heads a high-quality team that can deliver cross-border advice while truly understanding the venture sector.’
‘The individuals that stand out in particular are Olof Myhrman, Martin Prager and Johanna Juhlin. They are the perfect fit and just great to work with.’
‘Morris has a dynamic team that really resonates with the needs of today’s clients.’
‘The practice is very highly skilled, hard-working, efficient and extremely pleasant to work with. They are top lawyers with strong commercial understanding combined with legal skills.’
Key clients
Provobis AB
RCL Holding AB
Hjo Installation AB
Intersport Sverige Holding AB
ReUnify Group AB
IMS Group AS
Intendia Group AB
SSI Schäfer
ECarX Ltd
Astrid Invest AB
NEA Partners
Spiltan Invest
Work highlights
- Advised Hjo Installation AB and its 280 shareholders when Nordic Capital Evolution Fund invested through a directed new issuance of shares and purchased shares in Hjo Installation.
- Advised in the cross-border transaction when German company dSPACE acquired all shares in Swedish Fengco Real Time Control Aktiebolag.
Advokatfirman Schjødt
Advokatfirman Schjødt’s team led by Ylva Enquist handles domestic, regional, and international transactions. It offers broad sector experience covering infrastructure, real estate, hospitality, IT, and healthcare amongst others. With a varied practice encompassing M&A, private equity, joint ventures and commercial agreements, Pontus Bergsten is a key contact. The group was bolstered by the arrivals of Karl Klackenberg from Advokatfirman Vinge in May 2024 and of Tom Wehtje from Mannheimer Swartling in August 2024.
Practice head(s):
Ylva Enquist
Other key lawyers:
Pontus Bergsten; Karl Klackenberg; Tom Wehtje; Joachim Funariu; Gustaf Sjöberg
Testimonials
‘Pontus Bergsten is pragmatic, competent, and service-minded.’
‘Joachim Funariu is an excellent lawyer who gives great advice quickly, and can come up with innovate solutions to complex issues. It is a pure pleasure to work with him.’
‘Pontus Bergsten and Gustaf Sjöberg have been excellent in carrying out this deal. Their competences for this particular deal have been of utmost importance. Although our way of working may differ from other investment firms, they have guided us through what we need to do, and customised the process to better fit our investment thesis and reasoning.’
‘Karl Klackenberg is a rising star for his commercial acumen and attention-to-detail.’
‘The team offers a great service, is attentive-to-detail, and has the capability to handle complex issues.’
‘Excellent Scandinavian coverage with highly skilled people, especially after the new hires in Sweden! A one-stop-shop for large transactions in Denmark, Norway and Sweden.’
‘The team has strong sector knowledge.’
‘The team is well-coordinated and provides an excellent service and commercial advice.’
Key clients
Axcel
Axess Logistics
Brunswick Corporation
Equip Capital
Ferd
FSN Capital
Leo Vegas
Locus Infra
Luma Equity
Mestergruppen
Mutares
NCC Group
Norvestor
NVC Lightning
Procuritas
Ramboll Group
Robert Bosch Group
Thoma Bravo
TIAA
Urban Partners (NREP)
Waterland
Work highlights
- Advised private equity firm Mutares on the SEK 1.5bn acquistion of Serneke Sverige from Doxa.
- Advised Société Générale SA on the creation of a joint venture with Alliance Bernstein.
- Advised Lone Star Funds on its acquistion of BRWS Parent LLC (CentroMotion).
Advokatfirman Fylgia KB
Led by Mattias Larsson, Advokatfirman Fylgia KB’s M&A practice regularly handles small and mid-market M&A transactions as well as cross-border mandates, with the group especially active in the tech and industrial sectors. Firm managing partner Fredrik Winroth has considerable experience advising on M&A and has a broad client base that ranges from entrepreneur-driven companies to publicly listed companies.
Practice head(s):
Mattias Larsson
Other key lawyers:
Fredrik Winroth
Testimonials
‘Mattias Larsson is the best negotiator I have experienced. He is really convincing and always keeps calm.’
‘Fredrik Winroth is very results-oriented and has a pragmatic approach. We can tell that he is a former GC and has an understanding for the commercial aspects behind a legal problem. This quality is rare with lawyers. The ability to see beyond the pure legal issue and find a path to a profitable outcome is one of the qualities we appreciate with Fredrik.’
‘They focus on providing advice from senior lawyers which makes Fylgia perfect for smaller but important projects that need to be dealt with in a cost-efficient and qualitative way. We use them as our day-to-day law firm, which means that the majority of all external legal advice is provided by Fylgia. They have a perfect organisation for that kind of service.’
‘Fylgia is very strong in M&A, advising their clients in a very pragmatic and clever way.’
Key clients
Visma AS
Colosseum Smile AB
Mavenoid
Beijer Byggmaterial AB
Bright Sunday
Cabonline
ID06
PCTEL Inc.
International Forest Products
Cloudflight Broviken Gruppen AB
Incusci Holding AB
Scandinavian Astor Group AB
Work highlights
- Advised Broviken Gruppen AB on the acquisitions of Agreat Holding AB.
- Advised PCTEL on a sale to Amphenol Corporation.
- Advised Scandinavian Astor Group AB on the acquisitions of Airsafe Sweden AB and Scandiflash AB.
Kilpatrick Townsend & Stockton Advokat KB
Kilpatrick Townsend & Stockton Advokat KB’s practice is fast-gaining a reputation for its capabilities handling small and mid-market M&A and venture capital transactions for investors, founders, buyers, and sellers, especially those operating in the tech space. Cecilia Lohmander leads the team alongside Tobias Öd.
Practice head(s):
Cecilia Lohmander; Tobias Öhd
Other key lawyers:
Cecilia Qvist
Testimonials
‘Tobias Öhd is an amazing sparring partner and understands early stage needs as well as investor strategies. He has also proven to be a good litigator. One thing making Tobias stand out is his constant curiosity.’
‘We have mostly been working with Tobias Öhd. He is really humble as a person and always take the time to help and explain legal questions and issues for us in a easy way. Beside that his knowledge and skills in the legal landscape are really impressive. I would highly recommend him and his team!’
‘The team at Kilpatrick is skilled with the overall transaction process, leading the DD process, support in negotiating and deal documentation. Tobias Ödh and Cecilia Qvist have good business acumen and a keen eye for finding the zone of possible agreement.’
‘The team is very responsive to us and we have worked together with Tobias Öd and Cecilia Qvist on several transactions.’
‘Tobias at Kilpatrick stands out as an exceptionally sharp lawyer with broad legal competence and a well-connected network, which has been instrumental in closing the deals we’ve worked on. His ability to navigate complex legal issues with precision, combined with his strategic insight has consistently added value to our transactions.’
‘I would say that my cooperation with the agency means that they understand me and our business in order to be able to design the legal aspects in a safer way. One of the strengths is that they have several partners who can help with larger transactions.’
‘Kilpatrick is exceptionally solution-oriented, always going the extra mile to deliver best possible results. They are highly responsive and accessible, offering deep expertise across sectors and handling complex matters with ease.’
‘A good team that covers all bases for us when needed. They are fast and answer questions no matter what we need help with.’
Key clients
Yang Invest AB
Pixelgen Technologies AB
Däckverket AB
Precis Digital Group
Billhop AB
Aktiebolaget Perforate
A Retro Tale
Robinson Kruse Förmedling AB
Plick AB
Avesina Investment Group AB
Rorprodukter I Ostersund AB
Postrack Europe AB
Bimify AB
Billhop AB
Mobile Canning Sweden AB
Walter Sar Group
Work highlights
- Advised Yang Invest, the owner of Aprilice AB, in its 70% sale of Aprilice AB, a leading solar energy platform in the Nordics, to Elektroskandia.
- Advised the Precis Digital Group in its cross-border acquisitions of Bannerboy (UK, USA, the Netherlands), Booster Box (Italy) and the F Company (Finland).
- Advised Däckverket, a newly formed owner company in the tire industry, in its initial fundraising and subsequent acquisition of four established companies the tire industry.
Synch Advokat AB
Synch Advokat AB’s practice handles public and private M&A as well as venture capital transactions. With a client base that includes a number of companies in the start-up and scale-up segments, the team stands out particularly for its tech-related M&A expertise. Practice head Andreas Börjesson has recently been active in the green mining, tech, health tech, and food sectors, amongst others. Jonathan Clauss is also a key contact.
Practice head(s):
Andreas Börjesson
Other key lawyers:
Jonathan Clauss; Jim Runsten
Testimonials
‘Jim Runsten is highly experienced and we like his working style.’
‘A very efficient team.’
Key clients
Anotherblock AB
Butterfly Ventures
Challengermode
DPOrganizer
Enqlare AB
Grängesberg Exploration Holding AB
InsurelyKebNi AB
M Industrial Invest AB
Mirado Consulting
Nordic Inspekt Group AB
Orbit Alliance
PolarVentures
Ragnar Metals Ltd
Seven Seven Six
Tandem Health
Transfer Group AB
Triboron International AB
Valu8 Company Intelligence
Work highlights
- Serving as the legal advisor in Grangex’s acquisition of Sydvaranger Mining AS.
- Advising the shareholders of DPOrganizer, a market leader in privacy management (SaaS), on its acquisition by DataGuard, a security and compliance automation specialist (SaaS).
- Advising Tandem Health on its recent SEK 100m equity financing. Northzone led the seed funding round, which also included angel investors from companies like OpenAI, DeepMind, and Amino Collective.