M&A ja Rahoitus

Fondia is pleased to have assisted the shareholders of MedEngine Oy, a digitally minded service provider for the pharmaceutical industry, in the legal and tax aspects of the sale of the company to Voisin Consulting Life Sciences (VCLS), who provides end-to-end HealthTech solutions. 

Fondia’s core teams consisted of Niina Gräfin Pilati, Susanne Mattsson, Ella Heinonen, Matleena Pälve and Anni Lammila.

For more information, please see: https://www.medengine.fi/news/medengine-joins-the-vcls-family/”

Fondia is pleased to have assisted the shareholders of MedEngine Oy, a digitally minded service provider for the pharmaceutical industry, in the legal and tax aspects of the sale of the company to Voisin Consulting Life Sciences (VCLS), who provides end-to-end HealthTech solutions. 

Fondia’s core teams consisted of Niina Gräfin Pilati, Susanne Mattsson, Ella Heinonen, Matleena Pälve and Anni Lammila.

For more information, please see: https://www.medengine.fi/news/medengine-joins-the-vcls-family/”

Fondia Oyj is pleased to have advised BestDrive Finland Oy, a group company of Continental AG, in the sale of its car service, tire retail and tire storage business located and operated in Tampere to Paras Ajo Oy.

Fondia's core team consisted of Niina Gräfin Pilati and Anni Lammila.

For more information to the deal, please see: https://www.mynewsdesk.com/fi/continental-rengas-oy/pressreleases/bestdrive-vahvistaa-liiketoimintaansa-tampereella-kokeneen-kumppanin-kanssa-3280381?utm_source=rss&utm_medium=rss&utm_campaign=Alert&utm_content=pressrelease

Fondia Oyj is pleased to have advised BestDrive Finland Oy, a group company of Continental AG, in the sale of its car service, tire retail and tire storage business located and operated in Tampere to Paras Ajo Oy.

Fondia's core team consisted of Niina Gräfin Pilati and Anni Lammila.

For more information to the deal, please see: https://www.mynewsdesk.com/fi/continental-rengas-oy/pressreleases/bestdrive-vahvistaa-liiketoimintaansa-tampereella-kokeneen-kumppanin-kanssa-3280381?utm_source=rss&utm_medium=rss&utm_campaign=Alert&utm_content=pressrelease

Fondia is pleased to have advised Digitalist Group Plc in its acquisition of Open Communications International AB, a Swedish internationally active brand communications agency. The transaction was completed in July 2023.

Digitalist Group is a creative technology company that provides creative digital solutions and services for customer companies in selected target industries. By the acquisition, Digitalist Group, together with its Swedish subsidiary Grow AB, strengthens its expert services within brand, strategy and communications.

Fondia’s cross-border team consisted of both Finnish and Swedish legal counsels - the Finnish core team consisted of Anni Lammila, Ella Heinonen and Johanna Rein, and the Swedish team was led by Per Gyllenhammar-Hoppe and Björn Anefeur.

Fondia is pleased to have advised Digitalist Group Plc in its acquisition of Open Communications International AB, a Swedish internationally active brand communications agency. The transaction was completed in July 2023.

Digitalist Group is a creative technology company that provides creative digital solutions and services for customer companies in selected target industries. By the acquisition, Digitalist Group, together with its Swedish subsidiary Grow AB, strengthens its expert services within brand, strategy and communications.

Fondia’s cross-border team consisted of both Finnish and Swedish legal counsels - the Finnish core team consisted of Anni Lammila, Ella Heinonen and Johanna Rein, and the Swedish team was led by Per Gyllenhammar-Hoppe and Björn Anefeur.

We are pleased to have advised Mediq Suomi Oy in its sale of the assistive devices business to Algol Trehab Oy. As a result of the transaction, the entire product range and personnel of Mediq Suomi’s assistive devices business transfer to Algol Trehab. The acquisition complements Algol Trehab's existing range of products and solutions for assistive devices and enables the expansion and further development of maintenance services.

Mediq Suomi Oy serves Finnish healthcare and laboratory professionals as a supplier of solutions and total services to the healthcare sector. The company is part of the Mediq Group, the largest provider of healthcare equipment and supplies in Northern Europe.

Fondia’s team consisted of Kim Ekqvist and Tea Telamo.

We are pleased to have advised Mediq Suomi Oy in its sale of the assistive devices business to Algol Trehab Oy. As a result of the transaction, the entire product range and personnel of Mediq Suomi’s assistive devices business transfer to Algol Trehab. The acquisition complements Algol Trehab's existing range of products and solutions for assistive devices and enables the expansion and further development of maintenance services.

Mediq Suomi Oy serves Finnish healthcare and laboratory professionals as a supplier of solutions and total services to the healthcare sector. The company is part of the Mediq Group, the largest provider of healthcare equipment and supplies in Northern Europe.

Fondia’s team consisted of Kim Ekqvist and Tea Telamo.

Fondia is pleased to have advised Eurofins bestLab Oy in its recent acquisition of Kiwa Inspecta’s (Inspecta Oy) real estate laboratory business, Kiwalab.

For Eurofins bestLab Oy, Kiwalab's real estate laboratory services will increase the geographical coverage of Eurofins bestLab’s services and further expand the range of analyses. The transaction increases Eurofins bestLab’s presence in its key areas of operation in the Helsinki Metropolitan Area and Oulu.

Fondia’s team consisted of Tea Telamo and Anni Lammila.

Read more about the acquisition (in Finnish): https://www.eurofins.fi/ymparisto-ja-teollisuus/uutiset-ja-artikkelit/kiwa-inspecta-oyn-kiinteistoelaboratorio-osaksi-eurofins-konsernia/

Fondia is pleased to have advised Eurofins bestLab Oy in its recent acquisition of Kiwa Inspecta’s (Inspecta Oy) real estate laboratory business, Kiwalab.

For Eurofins bestLab Oy, Kiwalab's real estate laboratory services will increase the geographical coverage of Eurofins bestLab’s services and further expand the range of analyses. The transaction increases Eurofins bestLab’s presence in its key areas of operation in the Helsinki Metropolitan Area and Oulu.

Fondia’s team consisted of Tea Telamo and Anni Lammila.

Read more about the acquisition (in Finnish): https://www.eurofins.fi/ymparisto-ja-teollisuus/uutiset-ja-artikkelit/kiwa-inspecta-oyn-kiinteistoelaboratorio-osaksi-eurofins-konsernia/

Fondia is pleased to have advised Digitalist Group Plc and its fully-owned subsidiary on a transaction in which Digitalist Finland Oy acquired Walker & Handson Oy to strengthen the management and tech & design business in Digitalist Finland Oy. 

Fondia’s team consisted of Niina Gräfin Pilati, Ella Heinonen and Anni Lammila.

Read more on the transaction >>

Fondia is pleased to have advised Digitalist Group Plc and its fully-owned subsidiary on a transaction in which Digitalist Finland Oy acquired Walker & Handson Oy to strengthen the management and tech & design business in Digitalist Finland Oy. 

Fondia’s team consisted of Niina Gräfin Pilati, Ella Heinonen and Anni Lammila.

Read more on the transaction >>

Fondia is pleased to have advised Innovestor Life Science Fund in the Series B funding round to HVR Cardio Oy. State-backed Finnish Industry Investment (Tesi) acted as a co-investor in the funding round.

This Series B round was one of the first ones for Innovestor’s recently launched new Life Science & Health fund focusing on early-stage opportunities and strongly research-based deep tech companies in the Nordic and Baltic countries.

HVR Cardio Oy is a life science company that develops transcatheter and surgical mitral valve repair devices, which have the potential to reduce mitral regurgitation significantly and induce reverse ventricular remodeling.

Fondia’s team consisted of Sami Savisalo and Johanna Rein.

Read more about the innovation and HVR Cardio's journey (in Finnish).

Fondia is pleased to have advised Innovestor Life Science Fund in the Series B funding round to HVR Cardio Oy. State-backed Finnish Industry Investment (Tesi) acted as a co-investor in the funding round.

This Series B round was one of the first ones for Innovestor’s recently launched new Life Science & Health fund focusing on early-stage opportunities and strongly research-based deep tech companies in the Nordic and Baltic countries.

HVR Cardio Oy is a life science company that develops transcatheter and surgical mitral valve repair devices, which have the potential to reduce mitral regurgitation significantly and induce reverse ventricular remodeling.

Fondia’s team consisted of Sami Savisalo and Johanna Rein.

Read more about the innovation and HVR Cardio's journey (in Finnish).

Fondia is pleased to have served as Finnish counsel to MariaDB Corporation Ab in its business combination with Angel Pond Holding Corporation, a blank check company listed on the New York Stock Exchange. The closing of the business combination was announced on December 19, 2022.

The combined company has been renamed MariaDB plc and is dual headquartered in Redwood City, California and Dublin, Ireland. MariaDB’s ordinary shares and warrants are now trading on the New York Stock Exchange under the symbols “MRDB” and “MRDB WS,” respectively. MariaDB is the first Finnish technology company having listed on the New York Stock Exchange by a SPAC transaction.  

MariaDB ended FY22 with over USD 50m in Annual Recurring Revenue (ARR) and has over 600 customers in over 60 countries.  MariaDB is a new generation cloud database company whose products are used by businesses ranging from the smallest to the Fortune 500, reaching more than a billion users through Linux distributions and having been downloaded over one billion times.

Fondia’s core team consisted of Susanne Mattsson, Tea Telamo, Anni Lammila, Kim Ekqvist, Anna Kass and Anne Kangasniemi.

Read more about the transaction here:

https://mariadb.com/newsroom/press-releases/mariadb-completes-merger-and-lands-on-nyse-as-mrdb/

Fondia is pleased to have served as Finnish counsel to MariaDB Corporation Ab in its business combination with Angel Pond Holding Corporation, a blank check company listed on the New York Stock Exchange. The closing of the business combination was announced on December 19, 2022.

The combined company has been renamed MariaDB plc and is dual headquartered in Redwood City, California and Dublin, Ireland. MariaDB’s ordinary shares and warrants are now trading on the New York Stock Exchange under the symbols “MRDB” and “MRDB WS,” respectively. MariaDB is the first Finnish technology company having listed on the New York Stock Exchange by a SPAC transaction.  

MariaDB ended FY22 with over USD 50m in Annual Recurring Revenue (ARR) and has over 600 customers in over 60 countries.  MariaDB is a new generation cloud database company whose products are used by businesses ranging from the smallest to the Fortune 500, reaching more than a billion users through Linux distributions and having been downloaded over one billion times.

Fondia’s core team consisted of Susanne Mattsson, Tea Telamo, Anni Lammila, Kim Ekqvist, Anna Kass and Anne Kangasniemi.

Read more about the transaction here:

https://mariadb.com/newsroom/press-releases/mariadb-completes-merger-and-lands-on-nyse-as-mrdb/

Fondia is pleased to have advised Suora Holding Oy in the sale of the family business Suora Broadcast Oy to DMC Production, owned by Stena AB Group, one of Sweden’s largest family businesses.

Suora Broadcast Oy is today one of the largest technical sport TV production companies in Finland. Suora Broadcast is a production house specialized in demanding live productions and a market leader in premium sports productions with multicamera solutions.

The acquisition strengthens DMC’s position as a market-leading company in centralized TV production in the Nordics, with the capacity to produce 37 remote productions simultaneously. DMC is thus Northern Europe's largest remote production company, with more than 4,000 live broadcasts a year from 2023.

Translink Corporate Finance acted as a financial advisor in the project. Suora Holding Oy is Fondia’s long-time LDaaS customer and we are proud to have advised them in their daily legal needs as well as special cases like the sale of Suora Broadcast.

Fondia’s team consisted of Sami Savisalo and Heikki Selin.

Fondia is pleased to have advised Suora Holding Oy in the sale of the family business Suora Broadcast Oy to DMC Production, owned by Stena AB Group, one of Sweden’s largest family businesses.

Suora Broadcast Oy is today one of the largest technical sport TV production companies in Finland. Suora Broadcast is a production house specialized in demanding live productions and a market leader in premium sports productions with multicamera solutions.

The acquisition strengthens DMC’s position as a market-leading company in centralized TV production in the Nordics, with the capacity to produce 37 remote productions simultaneously. DMC is thus Northern Europe's largest remote production company, with more than 4,000 live broadcasts a year from 2023.

Translink Corporate Finance acted as a financial advisor in the project. Suora Holding Oy is Fondia’s long-time LDaaS customer and we are proud to have advised them in their daily legal needs as well as special cases like the sale of Suora Broadcast.

Fondia’s team consisted of Sami Savisalo and Heikki Selin.

Fondia is pleased to have advised Frendy Oy in its recent acquisitions of SucomIT, an IT service provider from southeastern Finland. IT service provider Frendy Oy has nationwide presence in Finland and company’s strength lies in acting locally in various cities all over the country.

Fondia’s team consisted of Johanna Rein, Sirpa Isotupa and Tea Telamo. Fondia congratulates Frendy on being very successful in the chosen growth path!  

Read more about the acquisition in Finnish:

Frendy kasvaa jälleen yrityskaupoin ostamalla SuComIT:n osakekannan

Fondia is pleased to have advised Frendy Oy in its recent acquisitions of SucomIT, an IT service provider from southeastern Finland. IT service provider Frendy Oy has nationwide presence in Finland and company’s strength lies in acting locally in various cities all over the country.

Fondia’s team consisted of Johanna Rein, Sirpa Isotupa and Tea Telamo. Fondia congratulates Frendy on being very successful in the chosen growth path!  

Read more about the acquisition in Finnish:

Frendy kasvaa jälleen yrityskaupoin ostamalla SuComIT:n osakekannan

We are very pleased to inform that Fondia is advising its long-term client Sappi Limited (“Sappi”) in the Finnish law aspects of the contemplated sale and carve-out transaction involving Sappi’s graphic paper mills in Maastricht (the Netherlands), Stockstadt (Germany) and Kirkniemi (Finland), with over 1,400 full-time employees combined, to AURELIUS Investment Lux One S.à.r.l. (“Aurelius”). The transaction is structured as a share deal whereby Aurelius will acquire the specific legal entities, i.e. Sappi Maastricht Real Estate B.V. (including its subsidiary Sappi Maastricht B.V.), Sappi Stockstadt GmbH, Sappi Finland I Oy and Sappi Finland Operations Oy, which own and control the assets and liabilities of the individual mills.

The enterprise value of the transaction amounts to approximately EUR 272 million and the consideration consists of cash proceeds and retained receivables as well as retained liabilities. The transaction is expected to close in Q1 2023, subject to various standard suspensive conditions.

Sappi is a global leader in dissolving pulp and paper-based solutions, headquartered in Johannesburg, South Africa. It has over 12,000 employees, manufacturing facilities in ten countries spanning over three continents and customers in over 150 countries worldwide.

Fondia’s team is led by Niina Gräfin Pilati and Kim Ekqvist. The core team also includes Satu Relander, Johanna Ellonen, Anni Lammila, Tommi Siivonen, Jukka Ohtonen, Satu Pohja and Sari Koskela.

Stibbe is advising on the Dutch law aspects of the transaction and ADVANT Beiten is advising on the German law aspects of the transaction.

For more information, please view: https://www.sappi.com/sappi-accepts-offer-to-sell-three-european-graphic-paper-mills

We are very pleased to inform that Fondia is advising its long-term client Sappi Limited (“Sappi”) in the Finnish law aspects of the contemplated sale and carve-out transaction involving Sappi’s graphic paper mills in Maastricht (the Netherlands), Stockstadt (Germany) and Kirkniemi (Finland), with over 1,400 full-time employees combined, to AURELIUS Investment Lux One S.à.r.l. (“Aurelius”). The transaction is structured as a share deal whereby Aurelius will acquire the specific legal entities, i.e. Sappi Maastricht Real Estate B.V. (including its subsidiary Sappi Maastricht B.V.), Sappi Stockstadt GmbH, Sappi Finland I Oy and Sappi Finland Operations Oy, which own and control the assets and liabilities of the individual mills.

The enterprise value of the transaction amounts to approximately EUR 272 million and the consideration consists of cash proceeds and retained receivables as well as retained liabilities. The transaction is expected to close in Q1 2023, subject to various standard suspensive conditions.

Sappi is a global leader in dissolving pulp and paper-based solutions, headquartered in Johannesburg, South Africa. It has over 12,000 employees, manufacturing facilities in ten countries spanning over three continents and customers in over 150 countries worldwide.

Fondia’s team is led by Niina Gräfin Pilati and Kim Ekqvist. The core team also includes Satu Relander, Johanna Ellonen, Anni Lammila, Tommi Siivonen, Jukka Ohtonen, Satu Pohja and Sari Koskela.

Stibbe is advising on the Dutch law aspects of the transaction and ADVANT Beiten is advising on the German law aspects of the transaction.

For more information, please view: https://www.sappi.com/sappi-accepts-offer-to-sell-three-european-graphic-paper-mills

Fondia is pleased to have advised Frendy Oy in its recent acquisitions of HS-Works Oy and Etevä Tietopalveluyhtiöt Oy. IT service provider Frendy Oy has nationwide presence in Finland and company’s strength lies in acting locally in various cities all over the country.

After the completion of these acquisitions Frendy’s total combined turnover is approximately 60 MEUR and Frendy employs up to 300 IT-professionals.

Fondia’s team consisted of Anna Kass, Anni Lammila, Johanna Rein, Sirpa Isotupa and Tea Telamo. Fondia congratulates Frendy on its successful growth path!

Read more about the acquisitions here

https://frendy.fi/frendy-jatkaa-kasvuaan-ostamalla-hs-worksin-ja-etevan-osakekannat

Fondia is pleased to have advised Frendy Oy in its recent acquisitions of HS-Works Oy and Etevä Tietopalveluyhtiöt Oy. IT service provider Frendy Oy has nationwide presence in Finland and company’s strength lies in acting locally in various cities all over the country.

After the completion of these acquisitions Frendy’s total combined turnover is approximately 60 MEUR and Frendy employs up to 300 IT-professionals.

Fondia’s team consisted of Anna Kass, Anni Lammila, Johanna Rein, Sirpa Isotupa and Tea Telamo. Fondia congratulates Frendy on its successful growth path!

Read more about the acquisitions here

https://frendy.fi/frendy-jatkaa-kasvuaan-ostamalla-hs-worksin-ja-etevan-osakekannat

Fondia is pleased to have advised Lamor Corporation Oyj in signing of an agreement with Resiclo Oy with the objective of constructing a chemical recycling plant to treat plastics in Kilpilahti area located in Porvoo, Finland.

Lamor will invest EUR 1.2 million in the company established for the project (“Resiclo Kilpilahti Oy”), which corresponds to 50% of the shares of Resiclo Kilpilahti. The rest of the shares of the company will be owned by Resiclo Oy. The total investment of the first phase is estimated to be EUR 12 million. In addition, Lamor is committed to finance Resiclo Kilpilahti’s future investments with a sub-ordinated loan amounting up to a maximum of EUR 3 million. At the same time, Lamor will invest EUR 1.3 million in Resiclo Oy, where it will be acting as a minority shareholder.

Fondia's team consisted of Christel Finne, Tea Telamo, Satu Pohja and Anni Lammila.

Read more: Lamor has decided to construct a chemical recycling plant of plastics together with Resiclo

Fondia is pleased to have advised Lamor Corporation Oyj in signing of an agreement with Resiclo Oy with the objective of constructing a chemical recycling plant to treat plastics in Kilpilahti area located in Porvoo, Finland.

Lamor will invest EUR 1.2 million in the company established for the project (“Resiclo Kilpilahti Oy”), which corresponds to 50% of the shares of Resiclo Kilpilahti. The rest of the shares of the company will be owned by Resiclo Oy. The total investment of the first phase is estimated to be EUR 12 million. In addition, Lamor is committed to finance Resiclo Kilpilahti’s future investments with a sub-ordinated loan amounting up to a maximum of EUR 3 million. At the same time, Lamor will invest EUR 1.3 million in Resiclo Oy, where it will be acting as a minority shareholder.

Fondia's team consisted of Christel Finne, Tea Telamo, Satu Pohja and Anni Lammila.

Read more: Lamor has decided to construct a chemical recycling plant of plastics together with Resiclo

We are pleased to have advised MaaS Global Ltd in the acquisition of Quicko, the leading MaaS player in Brazil.

The Fondia team included Johanna Rein, Soila Söderström and Christel Finne. Fondia congratulates MaaS Global for the acquisition and expansion to new markets!

Read more: https://whimapp.com/news/maas-global-enters-brazil-by-acquiring-quicko/

We are pleased to have advised MaaS Global Ltd in the acquisition of Quicko, the leading MaaS player in Brazil.

The Fondia team included Johanna Rein, Soila Söderström and Christel Finne. Fondia congratulates MaaS Global for the acquisition and expansion to new markets!

Read more: https://whimapp.com/news/maas-global-enters-brazil-by-acquiring-quicko/

Fondia is pleased to have advised Ponsse Plc and its Chilean subsidiary Ponsse Chile S.p.A in the signing and completion of the purchase of assets related to Ponsse’s business activities in Chile. The service center (including its spare parts stocks and maintenance vehicles) of FC Ventas Y Servicios Limitada, a former distributor of Ponsse Plc, was transferred to the ownership of Ponsse Chile S.p.A.

Read more: https://www.ponsse.com/en/company/news/-/asset_publisher/P4s3zYhpxHUQ/content/ponsse-services-in-chile-have-been-transferred-to-ponsse-chile-s-p-a?_com_liferay_asset_publisher_web_portlet_AssetPublisherPortlet_INSTANCE_P4s3zYhpxHUQ_redirect=https%3A%2F%2Fwww.ponsse.com%2Fen%2Fcompany%2Fnews%3Fp_p_id%3Dcom_liferay_asset_publisher_web_portlet_AssetPublisherPortlet_INSTANCE_P4s3zYhpxHUQ%26p_p_lifecycle%3D0%26p_p_state%3Dnormal%26p_p_mode%3Dview%26_com_liferay_asset_publisher_web_portlet_AssetPublisherPortlet_INSTANCE_P4s3zYhpxHUQ_cur%3D0%26p_r_p_resetCur%3Dfalse%26_com_liferay_asset_publisher_web_portlet_AssetPublisherPortlet_INSTANCE_P4s3zYhpxHUQ_assetEntryId%3D831033#/

Fondia is pleased to have advised Ponsse Plc and its Chilean subsidiary Ponsse Chile S.p.A in the signing and completion of the purchase of assets related to Ponsse’s business activities in Chile. The service center (including its spare parts stocks and maintenance vehicles) of FC Ventas Y Servicios Limitada, a former distributor of Ponsse Plc, was transferred to the ownership of Ponsse Chile S.p.A.

Read more: https://www.ponsse.com/en/company/news/-/asset_publisher/P4s3zYhpxHUQ/content/ponsse-services-in-chile-have-been-transferred-to-ponsse-chile-s-p-a?_com_liferay_asset_publisher_web_portlet_AssetPublisherPortlet_INSTANCE_P4s3zYhpxHUQ_redirect=https%3A%2F%2Fwww.ponsse.com%2Fen%2Fcompany%2Fnews%3Fp_p_id%3Dcom_liferay_asset_publisher_web_portlet_AssetPublisherPortlet_INSTANCE_P4s3zYhpxHUQ%26p_p_lifecycle%3D0%26p_p_state%3Dnormal%26p_p_mode%3Dview%26_com_liferay_asset_publisher_web_portlet_AssetPublisherPortlet_INSTANCE_P4s3zYhpxHUQ_cur%3D0%26p_r_p_resetCur%3Dfalse%26_com_liferay_asset_publisher_web_portlet_AssetPublisherPortlet_INSTANCE_P4s3zYhpxHUQ_assetEntryId%3D831033#/

Fondia is pleased to have advised the shareholders of wind farm developer Megatuuli Oy in the sale of the company to Enersense International Plc, a provider of zero-emission energy solutions. The total purchase price of EUR 18.5 million was paid in full by means of new Enersense International’s shares issued at completion.
 
The project portfolio of Megatuuli and its partners comprises wind farms and development projects in progress or in the feasibility study phase in different parts of Finland, with a total capacity of around 3,000 MW.
 
We are happy to have had the opportunity to work with the Megatuuli team for many years as part of their growth story. Seppo Savolainen, investor and previous chairman of the Megatuuli Board: “A great example of how the partnership with Fondia helped develop value of tens of millions almost from scratch. Fondia supported us all the way from a business idea to the final exit, over almost a decade. Contracts - actually thousands of them, have been in the core of our business - and the driver for our success”.
 
Fondia’s team consisted of Susanne Mattsson, Niina Gräfin Pilati, Henri Korhonen, Anni Lammila and Kaisa Immonen.

Read more: https://www.megatuuli.fi/post/megatuuli-on-nyt-osa-enersense-konsernia-1-2-2022

Fondia is pleased to have advised the shareholders of wind farm developer Megatuuli Oy in the sale of the company to Enersense International Plc, a provider of zero-emission energy solutions. The total purchase price of EUR 18.5 million was paid in full by means of new Enersense International’s shares issued at completion.
 
The project portfolio of Megatuuli and its partners comprises wind farms and development projects in progress or in the feasibility study phase in different parts of Finland, with a total capacity of around 3,000 MW.
 
We are happy to have had the opportunity to work with the Megatuuli team for many years as part of their growth story. Seppo Savolainen, investor and previous chairman of the Megatuuli Board: “A great example of how the partnership with Fondia helped develop value of tens of millions almost from scratch. Fondia supported us all the way from a business idea to the final exit, over almost a decade. Contracts - actually thousands of them, have been in the core of our business - and the driver for our success”.
 
Fondia’s team consisted of Susanne Mattsson, Niina Gräfin Pilati, Henri Korhonen, Anni Lammila and Kaisa Immonen.

Read more: https://www.megatuuli.fi/post/megatuuli-on-nyt-osa-enersense-konsernia-1-2-2022

Fondia is pleased to advise MariaDB Corporation Ab in its business combination with Angel Pond Holdings Corporation and in its USD 104 million (approximately EUR 92 million) Series D financing round.

 
In connection with completing the financing round, MariaDB, a Finnish company and one of the fastest growing and most popular open source database software companies in the world, announced its intention to become a publicly listed company on the New York Stock Exchange (NYSE) in partnership with Angel Pond, a blank check company (SPAC) listed on the New York Stock Exchange (POND), on 1 February 2022. In the transaction, Angel Pond will become a wholly owned subsidiary of Mangomill plc, an Irish public limited company (which will be renamed MariaDB plc), through a domestication merger with a wholly owned subsidiary of MariaDB plc. Immediately following such domestication merger, the current MariaDB will merge with and into MariaDB plc. Angel Pond will then be liquidated.
 
The transaction reflects an implied enterprise value of the combined company of approximately USD 672 million. The transaction will require the approval of the shareholders of both MariaDB and Angel Pond, and is subject to other customary closing conditions. The transaction is expected to close in the second half of FY2022.

Fondia’s core team consisted of Christel Finne, Susanne Mattsson and Kim Ekqvist. 

Read more: https://www.bloomberg.com/press-releases/2022-02-01/mariadb-corporation-ab-to-become-a-publicly-traded-company-via-combination-with-angel-pond-holdings-corporation

Fondia is pleased to advise MariaDB Corporation Ab in its business combination with Angel Pond Holdings Corporation and in its USD 104 million (approximately EUR 92 million) Series D financing round.

 
In connection with completing the financing round, MariaDB, a Finnish company and one of the fastest growing and most popular open source database software companies in the world, announced its intention to become a publicly listed company on the New York Stock Exchange (NYSE) in partnership with Angel Pond, a blank check company (SPAC) listed on the New York Stock Exchange (POND), on 1 February 2022. In the transaction, Angel Pond will become a wholly owned subsidiary of Mangomill plc, an Irish public limited company (which will be renamed MariaDB plc), through a domestication merger with a wholly owned subsidiary of MariaDB plc. Immediately following such domestication merger, the current MariaDB will merge with and into MariaDB plc. Angel Pond will then be liquidated.
 
The transaction reflects an implied enterprise value of the combined company of approximately USD 672 million. The transaction will require the approval of the shareholders of both MariaDB and Angel Pond, and is subject to other customary closing conditions. The transaction is expected to close in the second half of FY2022.

Fondia’s core team consisted of Christel Finne, Susanne Mattsson and Kim Ekqvist. 

Read more: https://www.bloomberg.com/press-releases/2022-02-01/mariadb-corporation-ab-to-become-a-publicly-traded-company-via-combination-with-angel-pond-holdings-corporation

We are pleased to have advised the digital transformation and cybersecurity consultancy company, Oivan Group Oy, on its EUR 2 million growth funding round led by the Finnish IT- and digital services operator TCG. Saudi businessperson and long-time Oivan business partner, Mr. Bader Othman Alabduljabbar, also participated along with several Oivan employees joining as new shareholders of the company.

Oivan’s service catalog ranges from design, web, and mobile development to cybersecurity consultation and mission-critical operations teams. For example, since 1998, Oivan’s operations team has managed critical components of the internet infrastructure in Saudi Arabia. The 160 people strong company, headquartered in Finland, has regional offices in UAE, Saudi Arabia, Thailand, and Vietnam.

The Fondia team included Kim Ekqvist, Arto Lindfors, Niina Gräfin Pilati and Ann-Maria Puolanen.

For more information, please view the link below: https://oivan.com/fi/blog/oivan-raises-over-2-million-euros-growth-funding/

We are pleased to have advised the digital transformation and cybersecurity consultancy company, Oivan Group Oy, on its EUR 2 million growth funding round led by the Finnish IT- and digital services operator TCG. Saudi businessperson and long-time Oivan business partner, Mr. Bader Othman Alabduljabbar, also participated along with several Oivan employees joining as new shareholders of the company.

Oivan’s service catalog ranges from design, web, and mobile development to cybersecurity consultation and mission-critical operations teams. For example, since 1998, Oivan’s operations team has managed critical components of the internet infrastructure in Saudi Arabia. The 160 people strong company, headquartered in Finland, has regional offices in UAE, Saudi Arabia, Thailand, and Vietnam.

The Fondia team included Kim Ekqvist, Arto Lindfors, Niina Gräfin Pilati and Ann-Maria Puolanen.

For more information, please view the link below: https://oivan.com/fi/blog/oivan-raises-over-2-million-euros-growth-funding/

Fondia acted as the legal advisor to the owners of Suomen Hierojakoulut Oy in the sale of the company to Terveystalo. Fondia’s team consisted of Henri Korhonen, Laura Koskenranta and Toni Huotari.

Read more: https://www.suomenhierojakoulut.fi/tiedote/terveystalo-ostaa-suomen-hierojakoulut/

Fondia acted as the legal advisor to the owners of Suomen Hierojakoulut Oy in the sale of the company to Terveystalo. Fondia’s team consisted of Henri Korhonen, Laura Koskenranta and Toni Huotari.

Read more: https://www.suomenhierojakoulut.fi/tiedote/terveystalo-ostaa-suomen-hierojakoulut/

Fondia acted as legal advisor to Footbalance System Oy in a transaction where Lord Spencer’s private investment company, IPGL Limited acquired Scope Growth II L.P.’S shareholding in Footbalance System Oy.

Fondia’s core team consisted of Elina Kumpulainen and Arto Lindfors

More information in the link below:
https://www.footbalance.com/footbalance-partners-ipgl-gets-fit-future

Fondia acted as legal advisor to Footbalance System Oy in a transaction where Lord Spencer’s private investment company, IPGL Limited acquired Scope Growth II L.P.’S shareholding in Footbalance System Oy.

Fondia’s core team consisted of Elina Kumpulainen and Arto Lindfors

More information in the link below:
https://www.footbalance.com/footbalance-partners-ipgl-gets-fit-future

Fondia had the pleasure of acting as legal advisor to Beneq Group, when they incorporated new businesses as Beneq Oy and Lumineq Oy.

More information in the link below:
https://beneq.com/en/news/beneq-group-incorporates-its-businesses-into-beneq-oy-and-lumineq-oy/

Fondia’s core team consisted of Soila Söderström, Arto Lindfors and Christel Finne

Fondia had the pleasure of acting as legal advisor to Beneq Group, when they incorporated new businesses as Beneq Oy and Lumineq Oy.

More information in the link below:
https://beneq.com/en/news/beneq-group-incorporates-its-businesses-into-beneq-oy-and-lumineq-oy/

Fondia’s core team consisted of Soila Söderström, Arto Lindfors and Christel Finne

Fondia had the pleasure of acting as legal advisor to Palmia Oy in a corporate transaction in which Palmia Oy acquired Järvenpää's catering and cleaning services JATSI OY's share capital. Fondia's legal experts were Elina Kumpulainen, Christel Finne and Mikko Kohtala

Read more in Finnish: https://www.palmia.fi/fi/ajankohtaista/palmiasta-ateria-ja-siivouspalveluyhtio-jatsin-omistaja/?utm_content=178687297&utm_medium=social&utm_source=linkedin&hss_channel=lcp-63496

Fondia had the pleasure of acting as legal advisor to Palmia Oy in a corporate transaction in which Palmia Oy acquired Järvenpää's catering and cleaning services JATSI OY's share capital. Fondia's legal experts were Elina Kumpulainen, Christel Finne and Mikko Kohtala

Read more in Finnish: https://www.palmia.fi/fi/ajankohtaista/palmiasta-ateria-ja-siivouspalveluyhtio-jatsin-omistaja/?utm_content=178687297&utm_medium=social&utm_source=linkedin&hss_channel=lcp-63496

Fondia is pleased to have assisted Consti Oyj in a corporate reorganization in which Consti Oyj acquired the entire share capital of RA-Urakointi Oy.

Fondia's team included Elina Kumpulainen, Susanne Mattsson, Tytti Rajala and Johanna Aho.

Read more in Finnish: https://www.consti.fi/consti/ajankohtaista/uutiset/ra-urakointi-oy-osaksi-constia-lisaa-palveluita-taloyhtioille

Fondia is pleased to have assisted Consti Oyj in a corporate reorganization in which Consti Oyj acquired the entire share capital of RA-Urakointi Oy.

Fondia's team included Elina Kumpulainen, Susanne Mattsson, Tytti Rajala and Johanna Aho.

Read more in Finnish: https://www.consti.fi/consti/ajankohtaista/uutiset/ra-urakointi-oy-osaksi-constia-lisaa-palveluita-taloyhtioille

We are pleased to have advised Mediq Suomi Oy in its acquisition of UpViser Group. Fondia’s core team consisted of Elina Kumpulainen and Katja Häkkinen.

For more information, please view the press releases:
https://mediq.com/news/Mediq-acquires-UpViser-Oy?utm_content=171914618&utm_medium=social&utm_source=linkedin&hss_channel=lcp-63496

We are pleased to have advised Mediq Suomi Oy in its acquisition of UpViser Group. Fondia’s core team consisted of Elina Kumpulainen and Katja Häkkinen.

For more information, please view the press releases:
https://mediq.com/news/Mediq-acquires-UpViser-Oy?utm_content=171914618&utm_medium=social&utm_source=linkedin&hss_channel=lcp-63496

We are pleased to have advised MaaS Global Ltd in the acquisition of Spanish mobility marketplace Wondo . The Fondia team included Katja Häkkinen and Soila Söderström. Fondia congratulates the MaaS Global team for its first acquisition and expanding to new markets!

Read more: https://whimapp.com/helsinki/suomalaislahtoinen-maas-global-ostaa-espanjalaisen-wondon-ferrovialista-strateginen-sijoittaja/

We are pleased to have advised MaaS Global Ltd in the acquisition of Spanish mobility marketplace Wondo . The Fondia team included Katja Häkkinen and Soila Söderström. Fondia congratulates the MaaS Global team for its first acquisition and expanding to new markets!

Read more: https://whimapp.com/helsinki/suomalaislahtoinen-maas-global-ostaa-espanjalaisen-wondon-ferrovialista-strateginen-sijoittaja/

We are pleased to have advised Fonecta in its acquisition of 100% of the shares in OIKIO Digital Performance Agency Oy, a digital performance marketing company based in Helsinki. OIKIO, founded in 2016, offers digital marketing solutions to some of the most significant Finnish B2B and B2C companies operating globally and locally. Fonecta is one of the largest providers of digital marketing solutions (i.e. SEO, SEA, Managed Websites, presence management) in Finland, with 30,000 customers.
Fondia’s team was led by Kim Ekqvist, who was mainly assisted by Tytti Rajala, Saara Lifflander and Miika Hiidenhovi.

Read more: 
https://www.triton-partners.com/media/news/fonecta-acquires-oikio-digital-performance-agency/?utm_content=164835848&utm_medium=social&utm_source=linkedin&hss_channel=lcp-63496

We are pleased to have advised Fonecta in its acquisition of 100% of the shares in OIKIO Digital Performance Agency Oy, a digital performance marketing company based in Helsinki. OIKIO, founded in 2016, offers digital marketing solutions to some of the most significant Finnish B2B and B2C companies operating globally and locally. Fonecta is one of the largest providers of digital marketing solutions (i.e. SEO, SEA, Managed Websites, presence management) in Finland, with 30,000 customers.
Fondia’s team was led by Kim Ekqvist, who was mainly assisted by Tytti Rajala, Saara Lifflander and Miika Hiidenhovi.

Read more: 
https://www.triton-partners.com/media/news/fonecta-acquires-oikio-digital-performance-agency/?utm_content=164835848&utm_medium=social&utm_source=linkedin&hss_channel=lcp-63496

Fondia congratulates our customer Pihla Group Oy on the acquisition of a majority stake in Metallityö Välimäki. Fondia acted as the customer's advisors in the transaction. Fondia's team included Niina Gräfin Pilati, Tiina Wallace and Arttu Ruukki

Read more in Finnish: https://www.pihla.fi/yleinen/pihla-group-ostaa-enemmiston-metallityo-valimaesta/

Fondia congratulates our customer Pihla Group Oy on the acquisition of a majority stake in Metallityö Välimäki. Fondia acted as the customer's advisors in the transaction. Fondia's team included Niina Gräfin Pilati, Tiina Wallace and Arttu Ruukki

Read more in Finnish: https://www.pihla.fi/yleinen/pihla-group-ostaa-enemmiston-metallityo-valimaesta/

Fondia advised Med Group Oy in expanding its nationwide service operations by acquiring two regionally recognized Vetrea Terveys Oy providers of social and health services. Fondia's core team includes Sami Savisalo and Tytti Rajala.

Read more in Finnish: https://www.onnion.fi/medgroup/tiedotteet/onni-tulee-ita-suomeen

Fondia advised Med Group Oy in expanding its nationwide service operations by acquiring two regionally recognized Vetrea Terveys Oy providers of social and health services. Fondia's core team includes Sami Savisalo and Tytti Rajala.

Read more in Finnish: https://www.onnion.fi/medgroup/tiedotteet/onni-tulee-ita-suomeen

Fondia acted as the legal advisor to Megatuuli in the sale of the Rasakangas windfarm project to Ilmatar.
Read more in Finnish: https://www.kauppalehti.fi/uutiset/tuulivoimayhtio-ilmatar-osti-kurikan-tuulivoimapuiston-hankeoikeudet/c2a201b3-1360-4174-9b24-e7abffb07949

Fondia acted as the legal advisor to Megatuuli in the sale of the Rasakangas windfarm project to Ilmatar.
Read more in Finnish: https://www.kauppalehti.fi/uutiset/tuulivoimayhtio-ilmatar-osti-kurikan-tuulivoimapuiston-hankeoikeudet/c2a201b3-1360-4174-9b24-e7abffb07949

Fondia acted as the legal advisor to Nordic Healthcare Group Oy in the acquisition of Health Innovation Institute ApS. The core team of Fondia consisted of Arttu Lappi and Elina Kumpulainen. 

Read more: https://nhg.fi/en/2020/06/23/nhg-strengthens-its-position-in-the-nordics-by-acquiring-health-innovation-institute-in-denmark/

Fondia acted as the legal advisor to Nordic Healthcare Group Oy in the acquisition of Health Innovation Institute ApS. The core team of Fondia consisted of Arttu Lappi and Elina Kumpulainen. 

Read more: https://nhg.fi/en/2020/06/23/nhg-strengthens-its-position-in-the-nordics-by-acquiring-health-innovation-institute-in-denmark/

Fondia is pleased to have assisted Accanto Systems Oy on an asset deal with IBM. Fondia’s team consisted of Arttu Lappi and Arto Lindfors.

Read more: http://www.accantosystems.com/accanto-transitions-their-stratoss-lifecycle-manager-business-to-ibm/

Fondia is pleased to have assisted Accanto Systems Oy on an asset deal with IBM. Fondia’s team consisted of Arttu Lappi and Arto Lindfors.

Read more: http://www.accantosystems.com/accanto-transitions-their-stratoss-lifecycle-manager-business-to-ibm/

Fondia acted as the legal advisor to Kamux Plc in the acquisition of Jagro Oy’s Autosilta business. Fondia’s core team consisted of Elina Kumpulainen, Arttu Lappi, Julius Parikka and Johanna Hölli-Koskipirtti.

Read more in Finnish: https://www.kamux.com/tiedotteet-ja-julkaisut/lehdistotiedotteet/kamux-laajentaa-liiketoimintaansa-kamux-niittykumpu-espoossa-on-avattu/

Fondia acted as the legal advisor to Kamux Plc in the acquisition of Jagro Oy’s Autosilta business. Fondia’s core team consisted of Elina Kumpulainen, Arttu Lappi, Julius Parikka and Johanna Hölli-Koskipirtti.

Read more in Finnish: https://www.kamux.com/tiedotteet-ja-julkaisut/lehdistotiedotteet/kamux-laajentaa-liiketoimintaansa-kamux-niittykumpu-espoossa-on-avattu/