IFLR1000 Reviews

Financial and corporate

The Nordic law firm Hannes Snellman has a history going back to 1909. The firm has offices in Helsinki and Stockholm.

 

Focusses / specialisms

In Sweden the firm commands a strong presence in domestic financial and corporate transactions.

In the banking area the firm often represents Nordic private equity firms on acquisition finance matters. The firm also has a strong real estate finance practice that consistently works for leading European banks and new actors on the loan markets. The team is similarly experienced in regulatory work where it helps clients meet regulatory requirements.

In the capital markets area the firm advises issuers, financial advisers and other markets participants on the full spectrum of equity and debt transactions. The firm has a large and diversified client base and often represents clients on multi-jurisdictional offerings.

The firm’s M&A team regularly completes high-cap, private M&A and public deals for acquirers and sellers, with mandates across several sectors of the Swedish economy.

The restructuring and insolvency practice frequently represents shareholders both in and out of court.

 

Key clients

Among its clients are P Capital Partners IV, Dustin Group, Church of Sweden's pension foundation, KLAR Partners, NP3 Fastigheter, Mekonomen, Koch Industries, AutoStore Holdings, Vitec Software Group and Gores Guggenheim.

 

Research period review: 32nd edition (2022/2023)     

During the research period the firm was active in all areas of corporate law.

In banking and finance it advised borrowers and lenders on direct financing and refinancing.

In capital markets it advised clients on both debt and equity side. In debt capital markets it advised the issuer on bonds and secured note issues, and on the equity side it assisted all sides of the table on private and public placements of shares as well as on an IPO.

In corporate and M&A it advised sellers and acquirers on acquisitions in various industries, including energy, healthcare and technology.

Recent staffing changes include the recruitments of Joel Montin, counsel in regulatory coming from Nordea Bank, Johanna Wärnberg, a partner in corporate and M&A coming from Hannes Snellman, and the departure of Paula Röttorp, partner in regulatory who moved to Centre for Justice. 

 

Deal highlights: 32nd edition (2022/2023)

Aker BP SEK1 billion acquisition of Lundin Energy

APCOA Parking Holdings €685 million fixed rate senior secured notes issue

Church of Sweden's pension foundation SEK5.6 billion

Dustin Group SEK5 billion financing

F. Holmström Fastigheter SEK2.9 billion acquisition of Magnolia Bostad

Gores Guggenheim/ Polestar SEK20 billion merger

Mekonomen SEK1.3 billion bond issue

NP3 Fastigheter SEK1 billion senior unsecured sustainable bond issue

Savvy Gaming Group SEK15 billion acquisition of ESL Gaming

Triton Partners SEK20 billion acquisition of Bergman Clinics

 

Client feedback: 32nd edition (2022/2023)

 

Banking and finance

"Always available. Always on top in terms of knowledge about the market and the specific topics I have questions about."

"Proactive and fact-based legal support."

"Professional, agile and great market knowledge."

 

Capital markets : Debt

"Short response time and delivers quality."

 

Capital markets : Equity

"Provided solid, competent advice in a professional and timely manner and without complicating the process."

 

M&A

"Good availability; strong commercial sense in determining what is important; flexible."

"Good understanding of our approach to doing transactions."

"Hannes Snellman are knowledgeable, fast working, service minded, available and strategic. "

"High quality, immediate responses; highly professional attitude; solution and customer orientation."

"Knowledgeable, commercial, rapid service."

"They are highly skilled and business oriented."

"Very efficient and focused while being commercial."

"Very quick and reliable service for clients. A proactive approach to everything from the administrative to the strategic aspects of the legal transaction process."

"Very quick and reliable service for clients; and a proactive approach to everything from administrative to strategic aspects of the legal transaction process."

 

Private equity

"Hannes Snellman have proven themselves to be extremely knowledgeable, responsive and able to focus on issues most material to the client."

"Outstanding subject matter knowledge and customer service; pragmatic problem solvers; listen carefully to the client and tailor legal advice accordingly; flawless deal execution."

 

Project development : Mining

"Broad and deep skills. Devoted, loyal. Good network. Highly qualified partners and associates."

 

Ola Åhman

"Great person who, regardless of the problem at hand, always finds a way to handle it in a professional and swift manner."

"Highly reputable with a great legal skill set and a commercial mind."

 

Mattias Friberg

"Competent, constructive with a deep experience in the capital markets/equity field. Responsive and professional."

"Responsiveness and quality-oriented."

"Highly skilled. Highly customer and solution oriented. Highly responsive."

 

Claes Kjellberg

"Attentive, well structured and able to handle different type of transactions - from the small to the larger and more complex."

"Attentive, well-structured and able to handle different types of transactions - from the small to the larger and more complex."

"Knowledgeable, commercial, timely delivery."

 

Mikael Klang

"Very efficient and focused while being commercial."

"Very knowledgeable, great availability and a strong commercial acumen."

 

Miklos Kovacs Kal

"A very hard-working fast-learner who is detail-oriented and willing to find innovative solutions to issues and problems. Is quick to respond and is clear in his communications. Excellent lawyer. "

"Extremely responsive and knowledgeable. Focuses on the right issues and does not get bogged down 'in the weeds'."

"Responsiveness, subject matter knowledge, attention to detail, problem solving."

  

Christoffer Saidac

"Always available. Quick response. Good knowledge. Engaged. "

"Extremely hard working with broad skill set and extremely loyal."

 

Johanna Wärnberg

"Quick and responsive attitude, always with a problem-solving mindset. Very reliable."