Karolina Kjellberg

We have advised a credit market company on multi-jurisdictional agreement regarding card processing services

We have advised a credit market company on an agreement regarding card processing services and card issuing services (Card as a Solution, CaaS). The agreement is part of a strategic collaboration and covers several jurisdictions.

The agreement was concluded in September 2023.

Our team comprised of:

• Fredrik Gustafsson (Partner)
• Eva Sundling (Partner)
• Karolina Kjellberg (Senior Associate)
• Simon Lundahl (Associate)

We have advised in a critical outsourcing of IT services from an insurance company

We have advised an IT supplier in the preparation and negotiation of framework agreements regarding a critical outsourcing of IT services from an insurance company.

The agreements were entered into during the summer of 2023.

Our team comprised of :

• Fredrik Gustafsson (Partner)
• Karolina Kjellberg (Senior Associate)

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 advised one of the leading Swedish industrial companies on an agreement regarding AI-based IT solution

We have advised a Swedish industrial company on an agreement regarding an IT solution that uses Artificial Intelligence (AI) for real time analytics. The agreement was signed in January 2023 and is part of the client’s strategic investment in IT security.

TM & Partners’ team comprised of :

• Fredrik Gustafsson (Advokat, Partner)
• Karolina Kjellberg (Senior Associate)
• Anna Björklund (Associate)

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 credit market company on a Software as a Service (SaaS) agreement for financial services

The agreement was concluded during August 2022.

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

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 assisted Arwidsro in connection with a swap deal with Westerlinds in Härnösand

TM & Partners has assisted Arwidsro Fastighets AB in connection with a swap deal with Westerlinds in Härnösand. The swap deal includes that Westerlinds acquires the property Köpmannen 10 in the center of Härnösand from Arwidsro. Arwidsro in turn acquires the property Fyrvaktaren 19 in Härnösand from Westerlinds, on which Westerlinds recently signed a new lease with the tenant Kustbevakningen with an initial lease term of 15 years and with a total area of ​​approximately 1,745 sqm. The acquisition of Fyrvaktaren 19 corresponds to an agreed property value of SEK 89.5 million.

For more information, please see here och here.

TM & Partners’ team consisted of Jens Haneklint (Partner), Catharina Danielsson (Senior Associate), Karolina Kjellberg (Senior Associate), Lisa Öhman (Associate) and Johan Aronsson (Associate).

TM & Partners has advised Plint in connection with the acquisition of all shares in KM Studio

TM & Partners has advised Plint in connection with the acquisition of all shares in KM Studio AB.

Plint is a Swedish linguistics and media tech company which specialises in translation and subtitling within the media industry. Plint delivers its products to a plethora of bigger companies such as Netflix, Volvo and IKEA. KM Studio offers dubbing within the same industry and these will now unify under the same roof. For further information, please see press release.

TM & Partners’ team consisted of partner Per Granström, associates Mikael Ahlberg, Tom Bovaller, Johan Mörlin, Karolina Kjellberg and Andreas Sahlstedt as well as counsel Lisa Ericsson.

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.

TM & Partners has advised on an outsourcing from an insurance company

TM & Partners has advised an IT supplier on a first generation outsourcing from an insurance company, involving several jurisdictions. In addition to contractual matters and negotiations, we advised the client on related employment matters.

The contract value is approx. 5 MEUR per year.

The agreement was entered into in March 2022.

TM & Partners team comprised of Per Granström, Fredrik Gustafsson, Karolina Kjellberg och Lisa Ericsson.

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 legal advisor to CombinedX AB (publ) in connection with the acquisition of Attentec AB

TM & Partners has advised CombinedX AB (publ) in connection with the groups acquisition of all shares in Attentec AB. Attentec is a digitalization company which specializes in IoT-solutions and is active on the Swedish and Norwegian market. The acquisition was partly financed through a directed issue of new shares in CombinedX. For further information, please see press release.

TM & Partners’ team consisted of Per Granström (partner), Sara Jacobson (associate), Hanna Hillgren (associate), Johan Mörlin (associate), Tom Bovaller (associate), Mark Gebert (associate), Karolina Kjellberg (associate) and Lisa Ericsson (counsel).

TM & Partners has advised Priveq in connection with the investment in Equestrian Stockholm

TM & Partners has advised Priveq Investment VI (A) and Priveq Investment VI (B) in connection with Priveq’s investment in the prestigious equestrian brand Equestrian Stockholm AB.

Equestrian Stockholm has been named a Gazelle Company for two years in a row and has during its six years grown to a turnover of over SEK 100 million. The company designs and offers an exclusive range of products for horses, riders, and dogs worldwide. They are today the world’s largest equestrian brand on Instagram and are expanding  both through their global e-commerce and over 150 retailers in 30 countries. For further information, please see press release.

TM & Partners’ team consisted of:

• Per Granström (partner)
• Sara Jacobson (associate)
• Johan Mörlin (associate)
• Cecilia Bergman (senior associate)
• Karolina Kjellberg (senior associate)
• Mark Gebert (associate)

TM & Partners has advised RNB Retail and Brands AB in connection with the sale of Brothers & Sisters AB, the acquisition of Coala-Life AB and the conversion of notes

TM & Partners has advised RNB Retail and Brands AB (“RNB”) in connection with the sale of Brothers & Sisters. They holds all shares in Brothers AB, to the Norwegian investment company Jotunfjell Partners AS. The acquisition of Coala-Life AB (“Coala-Life”) through an issue in kind, and the conversion of RNB’s notes to unconditional capital contributions and shares in the company.

Jotunfjell Partners AS has a primary focus on Nordic retail, and owns, inter alia, the Swedish retail chain Pagelle.

Coala Life is a Swedish medtech company that focuses on heart diagnostics and digital health. The company has developed a portfolio of solutions based on the Coala, a patented and commercial service for remote monitoring and self-screening of heart sounds and ECG.

As a result of the transactions, RNB changed its business name to Coala-Life Group AB (publ) and its business activities to development, marketing and sale of medtech. In addition, a change of listing of RNB’s shares from Nasdaq Stockholm to Nasdaq First North Growth Market was carried out in connection with the closing of the transactions.

TM & Partners’ team comprised:

• Niclas Högström (Partner, M&A)
• Johan Wigh (Partner, Capital Markets)
• Tobhias Brandell (Partner, Banking & Finance)
• Fredrik Gustafsson (Partner, Technology)
• Sara Jacobson (Associate, M&A)
• Mikael Ahlberg (Associate, M&A)
• Robin Bergqvist (Associate, Banking and Finance)
• Philip Bihl (Associate, Capital Markets)
• Johan Mörlin (Associate, M&A)
• Karolina Kjellberg (Senior Associate, Technology)
• Cecilia Bergman (Senior Associate, Employment)
• Catharina Danielsson (Associate, Real Estate)

TM & Partners has assisted Cleantech startup Cinis Fertilizer

TM & Partners has assisted Cinis Fertilizer. In connection with the negotiation of long term agreements with Northvolt and the international fertilizer producer Van Iperen International, as well as with a pre-IPO fundraising.

Cinis Fertilizer is a Swedish Cleantech startup that has developed a patented technology for the production of the world’s most environmentally friendly mineral fertilizer. By recycling industrial waste products from the pulp and paper industry as well as the battery manufacturing industry. Requiring 50 percent less energy input through its production, Cinis Fertilizer will create a CO2 footprint 75 percent smaller than that of traditional fertilizers.

Circular product

For production and sale of its circular product, Cinis Fertilizer has recently entered into long term strategic agreements with battery cell supplier Northvolt for purchase of sodium sulphate salt to be recovered from the battery manufacturing processes, and with international fertilizer producer Van Iperen International which in an off-take agreement has committed to purchase Cinis Fertilizer’s entire yearly production of appr. 300,000 tonnes fertilizer during a ten year period.

For the financing of the commercialization of its products, the company has in October 2021 raised SEK 40 million in a pre-IPO financing round and intends to initiate preparations for an IPO on Nasdaq First North in 2022. In connection with the fundraising a new board of directors has been appointed where TM & Partners M&A partner Sten Hedbäck has been appointed board member, together with Anna Kinberg Batra (previous MP and leader of the Swedish conservative party Moderaterna), Viktoria Bergman (board member Vattenfall), Åsa Källenius (CFO Mekonomen) and Morgan Sadarangani (CEO Molindo Energy). Roger Johansson, EVP for the Roxtec business unit Marine & Offshore, continues as Chairman. The company’s founder and innovator Jakob Liedberg is CEO.

TM & Partners’ team working with the agreements has been led by:

• Natalie Bretz (Partner, Real Estate/Infrastructure)
• Karolina Kjellberg (Senior Associate, Tech)
• Catharina Danielsson (Associate, Real Estate)
• Johan Aronsson (Associate, Real Estate)

(M&A Partner Sten Hedbäck led the team working with the fundraising).

For press coverage, see the edition of Dagens Industri.

For press releases, see: Northvolts press release & Cinis Fertilizers press release.

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’ client wins in the Swedish Supreme Court

The Swedish Supreme Court has delivered a judgement on 30 July 2021 in a case in which TM & Partners, through counsels Bill Kronqvist and Karolina Kjellberg, successfully represented the plaintiff. A case concerned whether a consultant is entitled to exclusivity according to the agreement that was entered into subsequently to a procurement in accordance with Swedish procurement law.  They agrees with the claims made by TM & Partners and ruled that the agreement meant an exclusivity. The Sweidsh Supreme Court also ruled that it would constitute a breach of contract for the buyer to use another consultant for the services the agreement pertains to. The award can be found in full here.

TM & Partners has advised Wicket Gaming AB in connection with its listing on Spotlight Stock Market

TM & Partners has advised Wicket Gaming AB in connection with the listing of the company´s shares on Spotlight Stock Market that commenced on 22 July 2021 and the issue of shares of approximately MSEK 21 that was carried out in connection with the listing, which was subscribed for 346 percent.

Wicket Gaming AB is a Swedish mobile game development company founded in 2015. The company has since then been working exclusively on developing its gaming platform and the game Cricket Manager with focus on the second biggest sport in the world. The company has a big passion for the industry of F2P games, especially in the sports genre, and the goal is to extend the gaming portfolio to include other sports manager games.

TM & Partners´ team consisted mainly of Sandra Broneus (Partner, Capital Markets), Hanna Hillgren (Associate, Capital Markets), Karolina Kjellberg (Associate, Tech) and Cecilia Bergman (Senior Associate, Employment).

TM & Partners has assisted Endúr ASA in the acquisition of Marcon-Gruppen i Sverige AB

TM & Partners has acted as Swedish legal counsel to Endúr ASA in connection with the acquisition of Marcon-Gruppen i Sverige AB for a purchase price of SEK 400 million. Marcon-Gruppen i Sverige AB is a market leader within marine infrastructure in Sweden and performs a range of services connected to marine infrastructure construction and marine services, including hydrographical services, dredging, rentals, inspections and diving. Endúr ASA is a Norwegian industrial group and a well-established supplier of products and services related to maritime services, energy and aquaculture.

TM & Partners team was led by:

• Sten Hedbäck (Partner, M&A)
• Mikael Ahlberg (Associate, M&A)
• Eva Sundling (Partner, Banking & Finance)
• Natalie Bretz (Partner, Real Estate/Construction)
• Lisa Ericsson (Counsel, Employment)
• Sofia Lind (Associate, M&A)
• Emma Borg (Associate, M&A)
• Daniel Åstrand (Associate, Dispute Resolution)
• Robin Bergqvist (Associate, Banking & Finance)
• Johan Aronsson (Associate, Real Estate)
• Karolina Kjellberg (Associate, Tech)

TM & Partners has assisted Departments & Stores Europe AB in connection with the transfer of its assets in the department stores of Nordiska Kompaniet in Stockholm and Gothenburg to NK Retail AB

TM & Partners has assisted Departments & Stores Europe AB (DSE) in connection with the transfer of its business in the department stores of Nordiska Kompaniet in Stockholm and Gothenburg to NK Retail AB. The buyer is a subsidiary to AB Nordiska Kompaniet which is a subsidiary to Hufvudstaden. Through the sale approximately 40 departments will be transferred in NK Stockholm and Gothenburg. DSE generated revenues of SEK 773 million in the financial year of 2019/2020. All employees, about 400, will be offered employment at NK Retail AB.

TM & Partners team comprised Niclas Högström (Partner), Tobhias Brandell (Partner), Fredrik Gustafsson (Partner), Mikael Ahlberg (Associate), Sofia Lindh (Associate), Sara Jacobson (Associate), Karolina Kjellberg (Associate), John Park (Associate) and Robin Berqvist (Associate).