Erik Woodcock

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 EQUA Simulation AB

TM & Partners has assisted EQUA Simulation AB in connection with the sale of a majority of the shares to MagiCAD Group Oy, a subsidiary of Glodon Company Limited.

EQUA Simulation AB  is a global leader of simulation software, and is known for its expertise, high quality standards and leading edge technology development.

MagiCAD Group is a global software provider with the mission to help engineering, manufacturing and construction companies create better buildings for people and the planet.

TM & Partners’ team consisted of :

• Per Granström (Partner, M&A)
• Anna Elheim Sylten (Senior Associate, M&A)
• Tom Bovaller (Associate, M&A)
• Fredrik Gustafsson (Partner, Tech)
• Erik Woodcock (Senior Counsel, Tech)
• Alexandra Rosell (Senior Associate, Tech)

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 advised a bank on its outsourcing of card issuing services

TM & Partners has advised a bank on an agreement regarding card issuing services (CaaS, Card as a Service). In addition to contractual matters and negotiations, the Tech department, together with Banking and Finance, also advised the client on financial regulatory matters, such as EBA’s outsourcing guidelines and PSD 2. The agreement involved several jurisdictions.

The agreement was concluded in December 2021.

TM & Partners team bestod av Fredrik Gustafsson, Erik Woodcock, Eva Sundling, Karolina Kjellberg and Kristoffer Vasberg.

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 chain of petrol stations on its procurement of payment terminals

TM & Partners has advised a petrol chain on an agreement regarding card payment services and digital payment solutions. The roll-out will continue for some time, at hundreds of sites, and in several countires. The agreement is part of the company’s digital transformation.

The agreement was concluded in December 2021.

TM & Partners team comprised of Fredrik Gustafsson and Erik Woodcock.

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 on of Sweden’s largest banks on an API-agreement

TM & Partners has advised a bank on an API agreement regarding access to bank customers data. The projects is a part of the bank’s Open Banking initiative.

The work was performed during spring/summer 2021.

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

TM & Partners has advised one of Sweden’s largest chain of petrol stations on its procurement of card issuing services

TM & Partners has advised a petrol chain on an agreement regarding card payment services (CaaS, Card as a Service). The partnership aims to enhance the companies card services for its hundreds of thousands members.

The agreement was concluded in October 2021.

TM & Partners team comprised of Fredrik Gustafsson, Erik Woodcock, Eva Sundling and Karolina Kjellberg.

TM & Partners has advised a Swedish industrial on outsourcing of IT infrastructure

TM & Partners has advised an industrial on an Application Development and Maintenance (ADM) agreement with one of the global IT supplier. The services will be used in several jurisdictions.

The agreement was signed in August 2021.

TM & Partners team comprised of Fredrik Gustafsson and Erik Woodcock. 

New practice group at Törngren Magnell: Fredrik Gustafsson and Erik Woodcock will build the new Tech group

Earlier in September, Fredrik Gustafsson joined as a new partner at Törngren Magnell to build the Technology practice group. Törngren Magnell has in addition now recruited Erik Woodcock as Senior Counsel.

Fredrik and Erik are specialised in IT related commercial law. Fredrik and Erik have worked together for nearly seven years, most recently at the law firm Kahn Pedersen, and are a welded team. Together they have more than 25 years of experience in IT related commercial law. They have extensive experience of all sorts of IT sourcing transactions, digitalisation projects, GDPR as well as the law surrounding the latest IT trends. Furthermore, Fredrik is one of three in Sweden to be ranked as a ”Next Generation Lawyer” within IT & Telecommunications by The Legal 500.

The recruitment of Fredrik and Erik is part of TM & Parnters investment in IT related commercial law. Fredrik, Erik and Lisa Ericsson will form the core of TM:s Technology group. Lisa has more than ten years of experience in commercial law, has been a member of Törngren Magnell since 2016 and is a specialist within the field of employment related data protection.

”We are experiencing a strong and increasing demand for specialists in IT and GDPR. This is now a core competence in transactions. With the recruitment of Fredrik and Erik, along with the competence we already have, Törngren Magnell has now one of the strongest teams on the market within the field of Technology. We are delighted to have recruited Fredrik and Erik.”

Kristoffer Stråth, Managing Partner.

Törngren Magnell is growing and will keep recruiting junior and senior talents within the field of Technology as well as other areas.

Contact:

Fredrik Gustafsson, Partner

Kristoffer Stråth, Managing Partner