News

Our latest news and deals.

Recent Deals / 15.08.2018

Acquisition of Verifone Systems Inc. by Francisco Partners and BCI

Waselius & Wist represented Francisco Partners in the Finnish law aspects of the acquisition of Verifone Systems, Inc. (NYSE: PAY) by Francisco Partners and British Columbia Investment Management Corporation (BCI).
Verifone is a payments technology provider that offers products and services in more than 150 countries worldwide, including in Finland through the regulated payment institution Verifone Finland Oy.

Value: USD 3.4 billion

Lawyers involved

Lauri Peltola
Senior Counsel
Maria Lehtimäki
Associate
Ann-Marie Eklund
Associate
Emilia Saloranta
Associate
Recent Deals / 13.06.2018

Acquisition of Solita by Apax

Waselius & Wist represented Apax Partners in the Finnish law aspects of the acquisition of a majority stake in the leading Finnish digital transformation company, Solita, from Vaaka Partners, including the financing arrangements and merger control proceedings relating to the acquisition. The acquisition was carried out by Apax Digital Fund, a growth equity fund advised by global private equity advisory firm Apax Partners. Apax Digital Fund specialises in growth equity and buyout investments in high-growth enterprise software, internet, and technology-enabled services companies worldwide. Solita is a digital transformation company driven by data and human insight. The company provides a range of services, including strategic consulting, service design, artificial intelligence, analytics and managed cloud services to its fast-growing international client roster. Solita employs more than 650 digital specialists across Finland, Sweden and Estonia.

Lawyers involved

Fredrik Lassenius
Specialist Partner
Timo Lehtimäki
Partner
Henri Kaskimo
Associate
Recent Deals / 16.05.2018

Acquisition by I Squared Capital of TIP Trailer Services

Waselius & Wist represented I Squared Capital, an independent global infrastructure investment manager, in the Finnish law aspects of its acquisition of Tip Trailer Services from HNA Group, a global Fortune 500 company focused on aviation and tourism, logistics and financial services. TIP Trailer Services is a leading equipment service provider operating in 17 countries and headquartered in Amsterdam.

Lawyers involved

Henri Kaskimo
Associate
Recent Deals / 12.04.2018

Acquisition of Digita Oy by Digital Colony

Waselius & Wist represented Digital Colony in the Finnish law aspects of its acquisition of Digita Oy from First State Investments.

Digita is the owner and operator of the premier nationwide digital terrestrial television and radio broadcasting tower infrastructure network in Finland. The company is also Finland’s largest independent tower network owner, providing infrastructure solutions to the country’s largest mobile network operators.

Digital Colony is a global investment firm focused on enabling the next generation of mobile and internet infrastructure. Digital Colony is a joint venture between Digital Bridge Holdings, LLC, a leading owner and operator of digital infrastructure businesses and Colony NorthStar, Inc. (NYSE: CLNS), a leading real estate investment management firm.

Lawyers involved

Fredrik Lassenius
Specialist Partner
Niklas Thibblin
Managing Partner
Jouni Kautto
Specialist Partner
Maria Lehtimäki
Associate
Helena Wist
Associate
Recent Deals / 28.02.2017

Acquisition of Staples’ European Business by Cerberus Capital Management

Waselius & Wist advised Cerberus Capital Management in the Finnish aspects of its acquisition of a controlling stake in the European operations of the US listed office supplies company Staples Inc. (NASDAQ: SPLS). The European operations consist of retail, contract and online businesses in 17 countries generating aggregate annual sales of approx. € 1.7 billion.

Lawyers involved

Fredrik Lassenius
Specialist Partner
Jouni Kautto
Specialist Partner
Maria Lehtimäki
Associate
Kim Ekqvist
Associate
Niko Markkanen
Associate
Recent Deals / 19.07.2016

Proposed divestment by Sandvik AB of its Mining Systems Operations

Waselius & Wist advised Sandvik AB in the Finnish law aspects of the proposed divestment of its mining systems operations to the private equity company CoBe Capital. In 2015, the mining systems operations had annual sales of 5 billion SEK representing 6% of Sandvik Group revenues.

Lawyers involved

Jouni Kautto
Specialist Partner
Kim Ekqvist
Associate
Recent Deals / 21.12.2015

Investment by JZ International

Waselius & Wist advised JZ International in its investment into a Finnish consumer lending platform business. JZ International is an industrial holding investment group with some 30 investments in Europe, with a combined revenue of over EUR 1 billion.

Value undisclosed

Recent Deals / 17.11.2015

Sale of asset portfolio to Anchorage Capital

Waselius & Wist represented ALMC in the sale of an asset portfolio to Anchorage Capital. The portfolio consisted of various types of assets located in different jurisdictions making the transaction a complex multijurisdictional asset transfer.

Value undisclosed.

Lawyers involved

Recent Deals / 16.05.2014

Acquisition by Kämp Group of Klaus K

Waselius & Wist advises Kämp Group, the leading Finnish luxury and lifestyle hotel group majority owned by funds managed by CapMan, in its acquisition of Klaus K, Finland’s first real design hotel, and the related financing arrangements.

Value undisclosed.

Lawyer involved 

Timo Lehtimäki
Partner

Recent Deals / 09.05.2014

Acquisition by Permira of CABB

Waselius & Wist advised Permira Advisers LLP on the Finnish law aspects relating to the acquisition of the specialty chemicals company CABB International from Bridgepoint, including its Finnish subsidiaries which operate a specialty chemicals plant in Finland. The transaction is subject to approval from the competent antitrust authorities. CABB is a leading global supplier of fine chemicals, specialty chemicals and intermediates to a variety of growing global industries including the agrochemicals industry.

Value: Undisclosed

Lawyer involved 

Tuurna