Mergers & Acquisitions

We advise our clients on a broad range of domestic and cross-border M&A transactions including the sale and purchase of companies and businesses, structured auctions, mergers, divestments, takeovers, and restructurings. We provide innovative approaches and solution-oriented expertise throughout the transaction life cycle to ensure a successful deal to our clients. Our team takes pride in understanding our clients’ businesses and we always strive to provide practical solutions to meet our clients’ special needs and aspirations even in complex M&A transactions.

Our services include the following:

Domestic and cross-border private M&A transactions
Private equity related matters
Public M&A

Joint ventures
Real estate transactions

Contact persons

Risto Ojantakanen

Senior Partner

Risto advises a broad range of clients on mergers and acquisitions as well as general corporate matters. He also acts as an arbitrator in corporate and commercial disputes. In addition, his expertise includes energy, insurance and insolvency law. His practice covers board advisory including distress finance and acting as chair in general meetings of shareholders. In his more than 35 years of practice, Risto has worked on both domestic and cross-border transactions in Europe, Asia and North America.

Andrei Aganimov

Managing Partner

Andrei specializes in banking and finance. He has broad and extensive experience in acting both for financial institutions as well as for companies and investors in leveraged and structured finance, project finance, acquisition finance, corporate restructuring and ship finance. In addition, Andrei specializes in mergers & acquisitions, corporate law, joint ventures, investments, securities law and corporate commercial. Before joining the firm, Andrei was for several years a partner and head of the financing practice at Borenius Attorneys Ltd where his services covered all aspects of banking and finance. Before that, he was at Nordea Bank for ten years, mainly focusing on leveraged and structured finance as well as ship finance. Andrei has been highly ranked in all major legal rankings for a number of years.

Leif Itäinen

Partner

Leif advises clients on mergers and acquisitions, general corporate matters, restructuring and insolvency matters, litigation and dispute resolution, as well as on real estate, construction and maritime law. He has served as trustee in numerous bankruptcy and restructuring proceedings, and his expertise in the field is recognized by legal directories such as Chambers Europe. Leif also advises private individuals and families on the preservation and transfer of wealth.

Helena Wist

Senior Associate

Helena specializes in mergers and acquisitions. She has gained experience from complex domestic and cross-border M&A transactions acting for clients from the industrial and private equity sectors. In addition, Helena advises clients in corporate and contract law related matters as well as in all employment law related issues, such as employment and director contracts, cooperation procedures, dispute situations and other employment law related day-to-day matters.

What we’ve done so far

See our latest references. You can find more of our references here.

Sale of Ambientia’s public sector business

We represent the Finnish IT service group Ambientia in the sale of its public sector business to HiQ.

The public business unit of Ambientia offers a wide range of IT services to the Finnish public sector and it consists of approximately 100 leading technology consultants in Finland with highly demanded specialist skills in public service tech solutions. After the transaction, Ambientia will focus on its existing private sector business.

HiQ is a tech consulting group headquartered in Sweden. Following the transaction, HiQ will significantly grow its business in Finland and have a total of 2,000 employees.

The transaction is subject to customary closing conditions.

Sale of Ambientia’s public sector business

Sale of the record label business of The Fried Music

We advised the record label company and music production house The Fried Music and its owners in the sale of the company’s record label business and artist catalogue to Warner Music Finland. In connection with the acquisition, Jukka Immonen, who founded The Fried Music in 2002, is appointed the new Head of A&R of Warner Music Finland as of 1 January 2024.

The sold artist catalogue of The Fried Music includes Finnish leading artists such as Anna Puu, Samu Haber, VIIVI and Knipi. Following the transaction, Fried Music will continue as a music production house and producer management company.

Warner Music Finland is the largest music industry company in Finland and part of the international Warner Music Group.

Sale of the record label business of The Fried Music

Seed funding round of Metroc

We advised Lifeline Ventures on a EUR 2 million seed funding into Metroc Oy, a Finnish SaaS company focusing on developing industry-specific AI for the construction industry. The funding round was led by Lifeline Ventures and also included notable angel investors.

Founded in 2019, Metroc helps construction companies to find new customers and gain a better market understanding by providing a market data platform that combines public information from thousands of data sources, making it easily comprehensible, accessible and valuable for Metroc’s customers. Metroc is currently operating in Finland and Sweden.

With the help of the seed funding, Metroc will be able to further develop its platform, expand its reach to other Nordic countries and beyond, and grow its team to continue offering unparalleled service to its customers.

Seed funding round of Measurlabs

We advised VentureFriends on a EUR2.5 million seed funding into Measurlabs, a laboratory testing service provider. The funding round was led by VentureFriends and also involved the existing investor Lifeline Ventures as well as Tesi and Curus.

The Helsinki-based company has developed an innovative platform to create a one-stop shop for testing of any material, product, or chemical by way of partnering with 900+ laboratories worldwide. With the help of the new funding, Measurlabs will expand further into international markets by establishing local teams, doubling down on automating their processes and hiring new people to better serve their growing global customer pool with the goal of becoming the best laboratory testing service provider in the world.

Acquisition of Wunderman Thompson Finland Oy

We advised N2 Helsinki Oy, a Finnish marketing communications group, on the acquisition of Wunderman Thompson Finland Oy, a part of a same named global marketing communications agency. With the help of this deal, the N2 group becomes one of the largest agencies in the Finnish marketing industry with some 125 employees and a combined revenue of over 20 million in 2023.

Sale of the shares of Intermed Oy

We advised the owner of the Finnish company Intermed Oy in the sale of its shares.

Founded in 1993, Intermed provides independent and all-inclusive quality certified maintenance services for laboratory and medical devices in the Nordics and Europe.

Sale of the shares of Labema Oy

We advised the owner of the Finnish company Labema Oy in the sale of its shares to Indutrade.

Founded in 1988, Labema is a life science and biotechnology expert group that imports, promotes and delivers first class diagnostic equipment and supplies to healthcare, food industry, and research laboratories. Labema’s main areas of expertise are microbiology, molecular biology, food diagnostics and drug abuse diagnostics.

Indutrade is an international technology and industrial business group that consists of approximately 200 companies in some 30 countries, mainly in Europe. Indutrade acquires and develops successful, well-managed and profitable companies that develop, manufacture and sell components, systems and services in selected niches. Indutrade is listed on Nasdaq Stockholm in Sweden.

Acquisition of Rönnqvist business

We advised E3-Marin on the acquisition of the brand and business of Ab Kenneth Rönnqvist Oy, a reputable Finnish boat brand manufacturing Rönnqvist boats since 1976. E3-Marin is a renowned family-owned boat dealership founded in 1990. With the acquisition, E3-Marin will further expand its business into boat manufacturing and solidify its leading position as the retailer of Rönnqvist boats. The founder of Rönnqvist boats will continue manufacturing the Rönnqvist boats by way of a service agreement to ensure the high quality of the Rönnqvist boats in the future.

Investment in Sampo-Rosenlew Oy

Mergers & Acquisitions

We advised Mahindra & Mahindra Limited in its add-on investment in combine harvester and forestry machine manufacturer Sampo-Rosenlew Oy. M&M hiked its stake in Sampo from some 79 % to 100 % by executing its call option right under an option exercise share purchase agreement.

Mahindra Group is one of the largest multinational federation of companies with 260,000 employees in over 100 countries. It enjoys a leadership position in farm equipment, utility vehicles, information technology and financial services in India and is the world’s largest tractor company by volume. It has a strong presence in renewable energy, agriculture, logistics, hospitality, and real estate.

Sampo’s key market areas are the Nordic countries, Europe, North Africa, and the CIS countries. Its turnover for the financial year that ended on 31 March 2022 was EUR 52 million. Following the transaction, M&M and Sampo will jointly focus on the combine harvester and specialty harvester business in Asia, Africa, the Eurasian Economic Union countries, and Latin America. Mahindra’s scale in tractors and Sampo’s expertise in combine harvesters allow both companies to offer a broader product portfolio to address the needs of farmers in various countries.

Sale of Padel Club Finland

Corporate

We advised the founders and owners of Padel Sports Oy in the sale of their shares to Triton, an investment firm focusing on companies with the potential to create sustainable, long-term value through changing economic cycles.

Padel Sports was founded in 2016 and it is the first Finnish padel company. It operates the Padel Club Finland club chain and currently offers playing opportunities at 11 clubs and 56 courts across Finland with an objective of strong growth by increasing its courts in Finland significantly.

The acquisition was a part of Triton’s establishment of LeDap, an international group of padel companies with an aim to become the world’s leading platform of the sport of padel and a vision to actively contribute to making padel an Olympic sport.