Arvid Riemer

TM & Partners has assisted PropTech Energy in connection with the acquisition of Alova Fastighetsteknik AB

TM & Partners has assisted PropTech Energy, majority owned by Procuritas, in connection with the acquisition of Alova Fastighetsteknik AB. PropTech Energy consists of the companies Ömangruppen, Axcell Fastighetspartner and P2 Energi. This acquisition strengthens PropTech Energy’s presence in the Stockholm region and enhances the group’s capacity to offer high-quality technical solutions to property owners.

For more information regarding the acquisition, please see the press release:
https://www.procuritas.com/proptech-energy-expands-within-the-stockholm-region-through-the-acquisition-of-alova

Our team consisted of:
Sten Hedbäck (Partner, M&A)
Arvid Riemer (Associate, M&A)
Lovisa Björk (Associate, M&A)
Carl Östlund (Senior Associate, Employment law)
Vilma Hansson (Associate, Employment law)
Patrik Arosenius (Associate, Real Estate)

For more information, please contact Sten Hedbäck:
E-mail: sten.hedback@tmpartners.se
Phone: +46 76 00 283 05

We are legal advisor to Team Olivia in connection with sale to Humana

We advised Team Olivia in connection with the sale of Team Olivia’s Norwegian operation to Humana. The operation, which in the transaction is valued at SEK 341 million on a cash and debt free basis, provides services to appr. 1,000 customers and employs appr. 2,000 employees, with annual sales of appr. SEK 910 million.

The transaction is subject to customary conditions and approvals and is expected to close in Q2 2024.

Team Olivia’s main owner is Procuritas Capital Investors IV GP Ltd.

Our team consists of:

• Sten Hedbäck (Partner, M&A)
• Johan Mörlin (Associate, M&A)
• Arvid Riemer (Associate, M&A)
• Samuel Net (Associate, M&A)
• Alexandra Rosell (Senior Associate , Tech)

For more information, please contact Sten Hedbäck:
E-post: sten.hedback@tmpartners.se
Tel: +46 76 00 283 05

Legal advisor to Team Olivia in connection with sale to Attendo

We advise Team Olivia in connection with the sale of Team Olivia’s Swedish care division, including the operations within Individual & Family and Home Care business, to Attendo. The division, which in the transaction is valued at SEK 950 million on a cash and debt free basis, includes appr. 120 care units with close to 3,000 employees, with annual sales of appr. SEK 1,350 million.

The transaction is subject to customary conditions and approvals and is expected to close in the beginning of 2024.

Team Olivia’s main owner is Procuritas Capital Investors IV GP Ltd.

Our team consists of:

• Sten Hedbäck (Partner, M&A)
• Vaiva Eriksson (Partner, M&A)
• Fredrik Gustafsson (Partner, Tech)
• Anna Jerndorf (Partner, Employment Law)
• Arvid Riemer (Associate, M&A)
• Johan Mörlin (Associate, M&A)
• Tom Bovaller (Associate, M&A)
• Lovisa Björk (Associate, M&A)
• Louise Warvsten (Associate, M&A)
• Carl Östlund (Senior Associate, Employment Law)
• Vilma Hansson (Associate, Employment Law)
• Amela Balijaj (Senior Associate, Real Estate)
• Johan Aronsson (Senior Associate, Real Estate)
• Erik Woodcock (Senior Counsel, Tech)
• Alexandra Rosell (Senior Associate , Tech)
• Carolin Von Oelreich (Senior Associate, Banking and Finance)
• Mikaela Nordh (Senior Associate, Banking and Finance)
• Anastasia Lindström (Associate, Banking and Finance)

For more information, please contact Sten Hedbäck:
E-post: sten.hedback@tmpartners.se
Tel: +46 76 00 283 05

Legal advisor to Permascand Top Holding AB

TM & Partners is advising Permascand Top Holding AB (“Permascand” or the “Company”) in connection with Altor PC AB’s recommended public offer to the shareholders of Permascand. Altor PC offers a cash consideration of SEK 17 per share in Permascand, corresponding to a value of all shares in the Company of SEK 1,008 million.

Permascand is an independent technology-driven manufacturer of electrochemical solutions based on proprietary catalytic coatings for clean tech applications. Permascand is headquartered in Ljungaverk, Sweden, with operations including R&D, Technology Development and Production. Permascand’s shares are admitted to trading on Nasdaq First North Premier Growth Market.

For more information, please visit Permascand’s website.

Our team consisted of:

• Sten Hedbäck (Partner, M&A)
• Johan Wigh (Partner, Capital Markets)
• Philip Bihl (Associate, Capital Markets)
• Jacob Elovsson Hultin (Associate, Capital Markets)
• Vilhelm Norberg (Associate, Capital Markets)
• Tom Bovaller (Associate, M&A)
• Lovisa Björk (Associate, M&A)
• Arvid Riemer (Associate, M&A)

For more information, please contact Johan Wigh:
E-mail: johan.wigh@tmpartners.se
Phone: 076 002 83 26

We have assisted PHM Sweden AB in connection with the acquisition of the Bredablick group

We have assisted PHM Sweden AB (“PHM”) with the acquisition of the Bredablick group (“Bredablick”). Bredablick is one of the top operators within technical and financial management of residential real estate and facility services in Sweden. The acquisition strengthens PHM’s position in Sweden as a national operator with extensive expertise and experience in the financial management, maintenance and technical management of residential properties.

PHM operates in about 70 locations in Sweden from north to south, via its 26 local and independent subsidiaries and circa 1,300 employees. With the acquisition of Bredablick, the number of PHM employees in Sweden will be close to 2 000.
Bredablick was founded in 2009 and has grown into one of the market leaders in Sweden. Bredablick’s services include various services related to technical and financial management of residential real estate as well as facility services.

For more information, please visit PHM Groups webpage.

Our team consisted of:

• Sten Hedbäck (Partner, M&A)
• Sofia Lindh (Senior Associate, M&A)
• Sara Jacobson (Associate, M&A)
• Tom Bovaller (Associate, M&A)
• Lovisa Björk (Associate, M&A)
• Arvid Riemer (Associate, M&A)
• Carl Östlund (Associate, Employment)
• Ulrica Alvestrand Körling (Senior associate, Real Estate)
• Oskar Warberg (Associate, Real Estate)
• Alexandra Rosell (Senior associate, Tech)
• Jesper Björkman (Associate, Banking & Finance)
• Jacob Gustafsson (Associate, Banking & Finance)

We have assisted in connection with the sale of Imagimob AB

TM & Partners has assisted Imagimob AB in connection with the sale of the company to Infineon Technologies AG.

Imagimob is a leading platform provider of machine learning solutions for edge devices. Infineon Technologies AG is a global semiconductor leader in power systems and IoT solutions.

TM & Partners’ team consisted of :

• Per Granström (Partner, M&A)
• Anna Elheim Sylten (Senior Associate, M&A)
• Tom Bovaller (Associate, M&A)
• Sara Jacobson (Associate, M&A)
• Arvid Riemer (Associate, M&A)
• Lovisa Björk (Associate, M&A)

TM & Partners has served as Swedish legal counsel to OpSec Security

TM & Partners has served as Swedish legal counsel to OpSec Security in connection with the acquisition of Zacco, a leading intellectual property (IP) management company.

OpSec Security is a world leader in brand authentication and integrity with a heritage that spans four decades. OpSec serves many of the world’s leading brand owners, licensors, and media rights owners and are an innovator in addressing brand value and vulnerability across physical and digital domains. They are also a provider of high-security and compliance solutions to governments.

TM & Partners’ team consisted of :

• Vaiva Eriksson (Partner, M&A)
• Anna Jerndorf (Partner, Employment)
• Sara Jacobson (Associate, M&A)
• Lovisa Björk (Associate, Employment)
• Arvid Riemer (Associate, M&A)
• Amela Balijaj (Senior Associate, Real Estate)
• Alexandra Rosell (Senior Associate, Tech)

Counsel to a Swedish infrastructure company on key customer framework agreement regarding dark fibre

TM & Partners has advised a Swedish fiber infrastructure company on drafting several key customer framework agreements regarding the use of the client’s long-haul dark fibre infrastructure in Northern Europe and related services.

TM & Partners’ team comprised of :

• Fredrik Gustafsson (Advokat, Partner)
• Karolina Kjellberg (Senior Associate)
• Arvid Riemer (Associate)

TM & Partners has Assisted in Connection with the Sale of Tutus Data AB

TM & Partners has assisted the founders of Tutus Data AB in connection with the sale of the company to C-Resiliens AB.

Tutus Data is a market leader within approved encryption and cyber security products for secure communications. C-Resiliens is a cyber security group founded in 2022 with Formica Capital and Nicklas Storåkers as majority owners. C-Resiliens’ acquisition of Tutus Data is made as part of a new investment in digital innovations, investments and collaboration with focus on vital societal functions and critical infrastructure in Sweden and the EU.

TM & Partners’ team consisted of :

• Niclas Högström (Partner, M&A)
• Mikael Ahlberg (Senior Associate, M&A)
• Sofia Lindh (Senior Associate, M&A)
• Arvid Reimer (Associate, M&A)
• Erik Woodcock (Senior Counsel, Tech)

TM & Partners has assisted Responda Group AB and its owners

TM & Partners has advised Responda Group AB in connection with the acquisition of all shares in Personlig Svarsservice Sweden AB, and the owners’ subsequent divestment of all of their shares in Responda Group AB to IK Small Cap III.

Responda Group AB is an industry leading answering and customer service partner for businesses and organisations, specialising in customised service solutions in both the private and public sectors.

TM & Partners’ team consisted of :

• Vaiva Eriksson (Partner, M&A)
• Anna Elheim Sylten (Senior associate, M&A)
• Sofia Lindh (Senior associate, M&A)
• Louise Warvsten (Associate, M&A)
• Arvid Reimer (Associate, M&A)
• Lovisa Björk (Associate, M&A)
• Erik Woodcock (Senior counsel, Tech)

TM & Partners has assisted Aquila Capital in the acquisition of a Swedish wind farm

TM & Partners has assisted Aquila Capital, a sustainable investment management and asset development company headquartered in Hamburg, Germany, in the purchase of an operational wind farm on behalf of a Swiss investment foundation.

The asset has a total capacity of 24 MW and is located in the southwest of Sweden. Seller was a vehicle managed by Prime Capital AG. The wind farm generates sufficient electricity to power the equivalent of 22,500 European households per year.

For further information, please klick here.

TM & Partners’ team consisted of Niclas Högström (Partner, M&A), Martin Rosell (Senior Advisor, M&A), Mikael Ahlberg (Senior Associate, M&A), Sara Jacobson (Associate, M&A), Arvid Riemer (Associate, M&A), Tom Bovaller (Associate, M&A) and Johan Aronsson (Associate, Real Estate).

TM & Partners has advised an energy company on its procurement of network services (NaaS) to approx. 1 000 locations in the Nordics

TM & Partners has advised an energy company on an agreement regarding SD-WAN and other network services (Network as a Service, NaaS). The network services will be rolled-out at approx. 1 000 locations. The partnership is part of the company’s transformation and the modernisation of its network.

The deal is worth approx. 500 000 000 SEK. The agreement was concluded in October 2022.

TM & Partners team comprised of Fredrik Gustafsson, Erik Woodcock, Karolina Kjellberg and Arvid Riemer.

TM & Partners has assisted CombinedX in connection with several acquisitions

TM & Partners has assisted CombinedX AB (publ) and its subsidiaries CombinedX Professional Services AB and Netgain AB in connection with the acquisition of all shares in LOCA Företagspartner AB (“Loca”) and Redway Sverige AB (“Redway”) as well as 30 per cent of the shares in Max21 AB (“Max21”).

Loca employs specialist consultants within the area of governance risk & compliance (GRC). Loca was acquired by CombinedX subsidiary Netgain AB.

Redway employs business consultants working, amongst other things, with procurement consulting within the telecom industry. Redway was acquired by the CombinedX group’s parent company CombinedX AB (publ).

Max21 are specialists within systems applications and products (SAP) with a focus on logistics. CombinedX Professional Services AB acquired 30 per cent of Max21 with a right to acquire the remaining shares in the company on two future occasions.

For further information, please see press releases regarding Loca, Redway and Max21.

TM & Partners’ team was led by partner Per Granström assisted by associates Sara Jacobson, Tom Bovaller, Hanna Hillgren, Anna Elheim Sylten, Carl Östlund, Arvid Riemer, Louise Warvsten and Oskar Warberg.

TM & Partners has advised Tradera in connection with capital raise

TM & Partners has advised Tradera in connection with a capital raise from Ceder Capital.

Tradera is Sweden’s largest market for second hand goods with a vision to drive the change towards a more circular economy. In 2021, 11.6 million items were sold on the Tradera platform with a gross turnover of SEK 2.7 billion.

TM & Partners’ team was composed of Sten Hedbäck (Partner, M&A), Anna Elheim Sylten (Senior Associate, M&A), Johan Mörlin (Associate, M&A), Louise Warvsten (Associate, M&A) Arvid Riemer (Associate, M&A), Lovisa Björk (Associate, M&A) and Carl Östlund (Associate, Employment)

TM & Partners has advised one of the largest Swedish industrial companies on the transformation of its network services

TM & Partners has advised a Swedish industrial company on several agreements related to global network services. The extensive project included procurement of SD-WAN, transport and other network services. The roll-out will take place at approx. 500 sites in 150 countries.

We advised the client throughout the entire process, from RFP to closing.

The agreements were signed during spring/summer 2022.

TM & Partners team comprised of Fredrik Gustafsson, Erik Woodcock, Karolina Kjellberg och Arvid Riemer.

TM & Partners has advised one of Sweden’s largest real estate company´s on a managed services agreement

TM & Partners has provided support to the real estate company on a managed services agreement covering not only work place services, network services but also hybrid cloud services and application management services, all to put in place a foundation for further strategic co-operation in relation to the real estate company´s continuing digitalisation activities.

The agreement was signed in March 2022.

TM & Partners team consisted of Erik Woodcock, Fredrik Gustafsson and Arvid Riemer.

TM & Partners has advised a company within the public transportation industry on an agreement regarding a new ticket reservation system

TM & Partners has advised a company within the public transportation industry on its procurement of a new ticket reservation system. The procurement is the company’s largest IT investment to this date and a part of its strategic technical development.

The contract value is approx. 2 MEUR per year and was concluded in March 2022.

TM & Partners team comprised of Fredrik Gustafsson, Karolina Kjellberg and Arvid Riemer.