Swedish business law firm Cederquist was established in 1953 by Bengt Cederquist. The firm has its office in Stockholm and boasts of being one of the leading law firms in the Nordics. The firm advises clients in the Nordic region, European Union, the UK and the US through its strategic cooperation with leading global law firms. The firm is known for its work across the financial and corporate space with a particular strength in banking and finance.
Highlights
A notable highlight of the firms M&A activities includes its role advising Kinnevik AB in the sale of its entire shareholding in the telecommunications company Tele2. The transaction, valued at a total of USD 1.3 billion, was made to Freye Investissement, an investment vehicle controlled by Iliad and Xavier Niel. The transaction highlights the firms expertise in complex M&A deals within the Swedish Market.
In capital markets debt, the firm advised First Camp Group in connection with its issue of its USD 237 million bond issue intended to refinance the clients existing debt. The firm advised First Camp on all legal aspects of the transaction and handled the listing of the bond issue on Nasdaq Stockholm.
Testimonials 2025
“They are very knowledgeable with deep analytical skills providing ability to swiftly identify the important items.” - Bank lending
“Deep experience of the market and the legal aspects of IG financings. Easy to collaborate with and accessible.” - Bank lending
“Cederquist combines top-tier legal expertise with a pragmatic, business-minded approach, always delivering clear, actionable advice. Their team is responsive, collaborative, and consistently goes the extra mile.” - Banking and finance
“Outstanding expertise within the capital market area. High service level and availability. We are very comfortable and secure with the advice given by especially Fredrik Lundén, which in the end is the most important.” - Capital markets equity
Key clients
Nordea Bank, Sverige filial, Danske Bank, Danmark, Sverige Filial, DNB Bank ASA, Sweden Branch, Swedbank , Skandinaviska Enskilda Banken, First Camp Group AB, Ellos Holding AB, Nordea Bank, Nyfosa AB, Bonava AB, Karnell, Yubico, Emilshus, Nordic Capital, NOBA, Polaris Private Equity, Neko Health, Allurity
Swedish business law firm Cirio based in Stockholm. The firm's history could be traced to 1918 when it was originally founded. The firm was relaunched in January 2019 when it rebranded as Cirio and spun-off from Lindahl’s Stockholm office. The deal team is led by managing partner Emma Dansbo and supported by well-seasoned legal practitioners. The firm is active in all areas of corporate law and project development.
Highlights
In 2024, the firm advised Biokraft International on its acquisition by 1Vision Biogas, a joint venture formed by energy company St1, Aneo, and HitecVision.
In project development, the firm acted as legal advisor for Hydro Rein, a company owned by Norsk Hydro and Macquarie Asset Management, in its acquisition of 80% of the shares in a 2.5GW wind power portfolio developed by IOWN Energy AB.
Testimonials 2025
“Focussed, grasped the issues, flexibility” - M&A
Key clients
AB Sagax, Aareal, Biokraft, Enercon and Pareto Securities.
The Swedish law firm Delphi has offices in Stockholm, Gothenburg, Malmö and Linköping. The deal team is made up of about 150 lawyers who advise clients out one of their Swedish offices. The firm is being led by managing partner Stefan Erhag and supported by well-seasoned legal practitioners such as David Aversten. The firm is active in several financial and corporate areas such as banking, capital markets, M&A and restructuring and insolvency.
Highlights
In capital markets equity, the firm acted as legal advisor to Cedergrenska on its's public takeover of Apendere Skolor AB. The firm played a critical role in structuring and executing the public takeover bid for Aprendere Skolor. Both Cedergrenska’s and Aprendere’s share are traded on the Nasdaq First North Growth Market.
In M&A, the firm advised Aspia and Vitruvian Partners in the acquisition of Accounto Outsourcing.
Testimonials 2025
“Pragmatic and easy to work with. Solves problems without being too complex.” - Capital markets equity
Key clients
AddLife, Momentum Group, Pareto Securities, Rantalainen Group and Serneke Group.
The Swedish domestic law firm Gernandt & Danielsson was founded in 1992. It is based in Stockholm. The firm boasts of being a leading law firm in both Swedish and international business law practice by providing commercial law advice to large and medium-sized Swedish and global clients. The deal team is led by managing partner Manfred Löfvenhaft and supported by prominent Swedish-qualified legal practitioners with international experience. The firm has a well-rounded legal practice in Sweden attaining a top-tier status across ranked practice areas.
Highlights
A recent example of the firm's expertise in banking is advising Diebold Nixdorf on its $1.25 billion senior secured super priority DIP credit facility in connection with Diebolds Chapter 11 proceeding in the US.
In debt capital markets, the firm advised NP3 Fastigheter on its issuance of $50 million green bonds under its existing $500 million high yield MTN programme.
The firm also advised Modern Times Group on its acquisition of 70% majority stake in Snowprint Studios.
Key clients
Carnegie, Diebold Nixdorf, Deutsche Bank, Goldman Sachs and Morgan Stanley
Hammarskiöld is a leading Swedish business law firm founded in 1998. The firm has an office in Stockholm. The firm has broad expertise across a range of legal practice areas. The firm focuses mainly on Swedish law but has significant experience in advising on international business law issues. The team is led by managing partner Mattias Anjou and supported by well-seasoned Swedish qualified legal practitioners. The firm is active in banking, debt and equity capital markets, M&A and Restructuring and insolvency.
Highlights
A notable highlight of the firms work includes acting as lender to Viaplay in connection with recapitalisation and debt restructuring of the company. The recapitalisation program included a SEK 4 billion equity capital injection and a SEK 2 billion write down of existing debt obligations.
Testimonials 2025
“Expertise in relevant fields, hands on advice, access to relevant network, pro active work, swift handling of issues, easiness of collaboration” - Inolvency
“Commercial and legally sound advise, quick feedback, constant availability” - Investment funds
“Professional, hands-on, flexible and very competent. Listens to the Client and provides tailormade services” - Investment funds
“Easy to connect with and fast moving. Understand our needs without having to explain everything.” - Restructuring
Key clients
Citibank, European Investment Fund, Goldman Sachs, JP Morgan and Skandinaviska Enskilda Banken.
Linklaters is one of the leading firms across Europe, established as far back as 1838. Its office in Stockholm is one of the cornerstones in the firm’s international offering and execution of deals across the Nordic region.
Linklaters is one of the leading firms across Europe, established as far back as 1838. Its office in Stockholm is one of the cornerstones in the firm’s international offering and execution of deals across the Nordic region.
Highlights
The firm advised private equity firm triton on the strategic combination of its portfolio companies, Assemblin and Caverion, into the Assemblin Caverion Group. The firm advised on the financing of the group, valued at USD 1.4 billion in high yield notes and USD 527 million in credit facilities.
In capital markets equity, the firm represented both Morgan Stanley and J.P. Morgan Securities in connection with an offer by agricultural company Adecoagro to purchase up to USD 100 million of its outstanding loans.
Testimonials 2025
“Magnus Wennerhorn is a very knowledgeable partner in Stockholm when it comes to banking & finance” - Banking and finance
Key clients
Key clients of the firm include EQT, Swedbank, Deutsche Bank, Nordea Bank, Skandinaviska Enskilda Banken, JP Morgan, Bank of America Merrill Lynch, DNB Bank, Danske Bank, Akelius, Cevian Capital, ComHem, Triton and Assa Abloy.
The large Swedish law firm Mannheimer Swartling was founded in 1990. The firm has international presence in Stockholm, Gothenburg, Malmö, Brussels, Singapore and New York. The firm has a full-service offering with specialist lawyers across all business law practices. The team is led by managing partner Jan Dernestam who is highly regarded in the Swedish legal market and supported by well-seasoned legal practitioners. The firm is a true leader in the Swedish market achieving tier one rankings across all practice areas.
Highlights
The firm advised Skandinaviska Enskila Banken (SEB) on the issuance of USD 528 million floating rate additional tier 1 (AT1) convertible notes. The firms legal advisory role in this issuance is significant as it marks the successful execution of the first of its kind AT1 convertible issuance under Swedish law. This sets a precedent for the broader Nordic financial market.
In M&A, the firm advised OEM International in connection with its public takeover by private equity firm, EQT. The firm provided legal advice to the independent bid committee of OEM International and represented the interests of the company during the acquisition process.
In project development, the firm has provided legal counsel on Sweden's East Link (Ostlänken) project, one of the counry’s largest infrastructure initiatives. The firm is providing ongoing advise on strategic infrastructure and construction matters.
Testimonials 2025
“Commercial, pragmatic and high quality work” - Bank lending
“Extensive experience and in-depth knowledge of the products. Great enthusiasm for the work with quick turn-around. One of the few in Sweden with experience with AT1 structures, and the aspects that are required.” - Banking
“Mannheimer’s expertise and service is outstanding - I would say the best on the Swedish market. Daniel Khayyami is the brightest shining rising star with a unique understanding of what the clients need, always working proactively and with a very high level of professionalism. You can fully trust their legal material knowledge, their thoroughness, level of service and proactiveness. Mannheimer is a trusted partner of ours and always our first pick when engaging external legal counsel. They make our work” - Banking and finance
“Full service law firm with outstanding commitment and availability” - Banking and finance
“The Banking and Finance team of Mannheimer Swartling is always very professional in their legal advise. They understand the deal, are thorough in their work (never miss any details), give proactive and business-oriented advise and are very nice to work with. In addition, the partners are hands-on an accessible in every deal.” - Banking and finance
“expertise, responsiveness, advanced skills, organization, efficiency, and a pleasant, friendly, and available contact person.” - Financial structuring
“Capable, precise, client-friendly, confident. Leading local firm that adds a veneer of credibility to all situations in which they're involved” - Capital markets equity
“They are the best in business. Extremely knowledgeable, hard working, dedicated, true professionals, good negotiators (it was a tough negotiation with the seller but MSA excelled over the sellers lawyers), thinks not just next level but the level beyond that as well.” - M&A
“We’ve had an outstanding experience working with Mannheimer Swartling. Their partner, Jon Rastad, stands out as exceptionally knowledgeable and insightful, and he truly understands the nuances of the private equity industry and brings sharp, strategic thinking to every conversation. The broader team supporting us has also been impressive: responsive, thorough, and consistently adding value. We feel in very capable hands.” - Private equity
Key clients
Northvolt, Nordea, Vattenfall, Stegra (formerly H2 Green Steel), Summa Equity, Altor Equity Partners, Electrolux, Handelsbanken, Markbygden Ett, Sheikh Mohammed Al Amoudi
Roschier is a leading Nordic law firm founded in 1936 with offices in Sweden and Finland. The firm established its Stockholm office in 2005. The firm has an excellent track record of advising on large international business law transactions. The Stockholm team is headed by Pontus Enquist, a reputable leader in the market, and supported by well-seasoned legal practitioners. Also worthy of mention are partners Jens Bengtsson, Johan Häger and Malin Leffler, who are leaders in the market. The firm has a well-rounded practice, achieving tier-one status across all practice areas.
Highlights
In a notable highlight of the firms activity during the research period, the firm as legal counsel to SEB in connection with Karnell’s IPO on Nasdaq Stockholm. SEB acted as sole hglobal coordinator in connection with the IPO. The IPO was a significant transaction for the Swedish market, as it represented the first on Nasdaq Stockholm since October 2023.
In the M&A market, Roschier represented a consortium led by CVC, alongside Waldakt, in a recommended public cash offer for Resurs Holding AB. The firm advised on the structure and the terms of the offer, which valued Resurs at USD 495 million.
Testimonials 2025
“Roschier has strong standing in the market and a skilled team with great depth. They are also offering a great availability.” - Banking and finance
“They are very responsive, commercial and great at being on point in all details in a transaction.” - Banking and finance
“They are very responsive, commercial and great at being on point in all details in a transaction.” - Capital markets High Yield
“Roschier demonstrates strong attention to detail and a clear ability to understand clients’ deeper needs- particularly when those needs extend beyond purely commercial considerations. We have worked with Carl Brodén and Pontus Enquist, both of whom we continue to engage today.” - Financial restructuring
“Pragmatism, expertise, in-depth analysis, readiness and responsiveness.” - M&A
“Roschier is our go-to law firm in Sweden. They are outstanding. The core team supporting us consists of Jens Bengtsson, Malin Leffler and Axel Bonning. In particular, they provide a world-class client service and tailor their advice in a sound commercial way.” - M&A
Key clients
Nordea Bank, Svenska Handelsbanken, DNB Bank, Danske Bank, Swedbank, ABG Sundal Collier
Pareto Securities, Arctic Securities, Skandinaviska Enskilda Banken, Carnegie Investment Bank, Cibus Nordic Real Estate, CVC, Groupe Canal+, Fisk Ventures III, LLC, Skandinaviska Enskilda Banken
Setterwalls is one of Sweden's oldest law firms with history that goes back to 1878 when Nils Setterwall and Oscar von Koch acquired Advokatföreningen, Juridisk Affärsbyrå in Stockholm. The firm has offices in Stockholm, Gothenburg and Malmö. The firm provides worldclass advice across all areas of business law. The deal team consists of Swedish qualified legal practitioners with international expertise led by managing partner Marc Tullgren and executive partner Henrik Kjellander. The firm is well versed in several financial and corporate practice areas.
Highlights
The firm advised Pamica Group on the SEK1.6 billion credit facility provided by Nordea Bank and Danske Bank for acquisition purposes.
In Equity Capital Markets, the firm advised Fastighets AB Balderin on its $115 million directed share issue o to AMF and Swedbank Robur.
In M&A, the firm advised Bulten on its SEK530 million indirect acquisition of Exim & Mfr Holdings.
Key clients
Danske Bank, Nordea Skandinaviska Enskilda Banken Svenska Handelsbanken and Swedbank.
The Stockholm based leading law firm Snellman was founded in 2008. The firm advises leading international and local corporations on business law issues. The team is being led by managing partner Fredrik Olsson who is highly regarded in the Swedish market and supported by prominent legal professionals. The firm commands a strong presence in financial and corporate transactions such as banking, debt and equity capital markets, M&A, project development and restructuring and insolvency.
Highlights
A notable recent highlight of the firms work includes its role in advising NYAB Plc on its re domiciliation through a cross border conversion from Finland to Sweden. The firm provided counsel on legal aspects related to the cross border conversion, re - domiciliation, and the listing transfer.
Another notable highlight includes the firm assisting Roc Oil Company Pty Limited on its recommended public cash tender offer for all shares in Swedish oil company Tethys Oil AB. The offer valued Tethys Oil at SEK 1.894 billion. The firm played a crucial role as legal advisor to Roc Oil, coordinating with other international counsel across various jurisdictions.
Testimonials 2025
“Commercial mindset, project management, proactivity, team working across different specialist areas.” - M&A
“Mattias' team was fantastic. The team displayed comprehensive knowledge of Swedish regulatory frameworks while maintaining a cohesive strategy. They anticipated potential roadblocks and proactively developed solutions, ensuring our offer proceeded smoothly. Their local expertise and international network proved invaluable, providing us with local insights that were critical to our successful navigation of multiple regulatory environments. They provided timely advice when requested and produced excellent work.
Mattias' team provided exemplary client service characterized by several key strengths: their responsiveness was outstanding - partners and associates were available whenever needed, often responding to urgent queries outside business hours. They communicated well and with practical clarity, making complex legal concepts accessible to our business team.” - M&A
“Solution oriented and business aligned.” - Banking and finance
“Strong team with good range. Snellman’s skillset fits well to our vary varied (in terms of size and complexity) M&A deals.” - M&A
“Mattias demonstrated exceptional legal expertise, strategic acumen, and unwavering dedication throughout the entire transaction, delivering outstanding results that significantly contributed to the success of this complex and high-stakes acquisition.
“Mattias exhibited a deep understanding of the legal and regulatory intricacies involved in cross-border takeovers, particularly within the energy sector. He meticulously navigated the Swedish regulatory framework, ensuring compliance with Nasdaq Stockholm’s listing rules and the Swedish Takeover Act. For example, during the due diligence phase, Mattias identified a critical issue regarding Tethys Oil’s minority shareholder protections that could have derailed negotiations. He proactively devised a strategy to address this by drafting tailored provisions in the offer document, which not only mitigated potential legal challenges but also reassured shareholders, facilitating smoother negotiations. This foresight saved ROC significant time and resources, ensuring the transaction remained on track.
Mattias also demonstrated remarkable leadership in coordinating a multidisciplinary team across jurisdictions. He seamlessly managed input from local counsel from other jurisdictions (namely, Oman, Lithuania, Denmark, Gibraltar), tax advisors, and financial consultants, ensuring all aspects of the transaction—from antitrust considerations to financing structures—were aligned.
His communication skills were equally impressive. Throughout the transaction, Mattias maintained regular, transparent communication with ROC’s executive team, providing detailed updates and strategic recommendations.” - Mattias Friberg
" Very solution oriented and pragmatic and business aligned.” - Fredrik Olsson
“He is very service minded and responsive. Furthermore, he provides advise on a broad range of issues in a timely manner.” - Miklos Kovacs Kal
Key clients
Bonava, KLAR Partners, PCP, Alimak , Amplio / Franks Kylindustrier, NP3 Fastigheter AB
Amplio / Francks Kylindustrier, Bonava AB, Stirling Capital / Logent AB
Vitec Software Group AB, NYAB AB, NP3 Fastigheter AB, Vitec Software Group AB, Gruvaktiebolaget Viscaria, Byggmästare Anders J Ahlström Holding AB
The Swedish law firm Vinge was established in 1983 following a merger of 4 local law firms. The firm has offices in Stockholm, Gothenburg, Malmö, Helsingborg and Brussels. The firm is being managed by Louise Brorsson Salomon, who doubles as the managing partner of Stockholm and chief executive officer. Louise is supported by Anna Edström and Anna Palméru, the managing partners of Malmö and Gothenburg respectively. The firm advises on a wide range of transactions, attaining a top-tier status across ranked practice areas.
Highlights
The firm advised real estate company SBB and its subsidiary, Sveafastigheter AB, on its first of its kind bond exchange in the Swedish market valued at approximately EUR 485 million. The firm advised on the structuring and execution of the bond exchange.
In the Swedish M&A market, the firm advised Thermo Fisher Scientific on its acquisition of Olink Holding. Thermo Fisher announced the acquisition of the Sweish proteomics' company in October 2023 and was completed in July 2024 following regulatory approval. The acquisition is valued at USD 3.1 billion making it one of the largest on the Swedish market during 2023/2024.
Testimonials 2025
“Their profound expertise in renewable energy sector and client acumen” - Project development
Key clients
Investor AB, Nordea Bank, DNB Bank,Danske Bank, Swedbank, Skandinaviska Enskilda Banken AB, Intrum AB, Stockholm Exergi AB, Ingka and IKEA Group, Liquid Wind, Flower Infrastructure Technologies, Nordion Energy H2
Swedish law firm Wigge & Partners is a leading commercial boutique law firm in Stockholm. The firm was founded in 2015 by 5 partners from one of Sweden's leading full-service firms. The firm has significant expanded since inception and currently has over 50 professionals including 10 partners. The deal team is made up of Swedish qualified lawyers worthy of mention are Stefan de Hevesy, Anders Morén and Henrik Wenckert, who have stellar reputation in the market. The firm has a strong offering in banking, capital markets and M&A.
Highlights
In banking and finance, the firm assisted Logistea in connection with the refinancing to the USD 150 million senior secured bond issued by Logistea Properties AS. Logistea’s shares are listed on the Nasdaq Stockholm exchange (Midcap).
During the research cycle, the firm advised Svenska Handelsbanken, Carnegie, and ABG Sundal Collier as joint global coordinators and bookrunners for the Initial Public Offering (IPO) of Intea Fastigheter AB. The firm was responsible with assisting the banks with all legal aspects of the transaction, from early strategic planning to finalising the final agreements.
Testimonials 2025
“Both their engagement, personal service and depth of their knowledge in our debt fund product. They have a very good understanding of our business and a bigger picture perspective in their pricing and quality of their advise.” - Banking and finance
“Wonderful team, delivers always in time, looks far Best solutions for us and for the borrowers” - Banking and finance
“Very strong experience in fund raisings. Team led by Frida Sander was excellent.” - Investment funds
Clients
Macquarie, European Investment Bank, European Central Bank, Société Générale, Credit Agricole Corporate & Investment Bank, Carnegie Investment Bank AB, Svenska Handelsbanken AB, Nimbus Group AB, Vimab Group, Qliro, Altor, Procurtias, MVI, SCA, Ovako
Key clients
European Central Bank, European Investment, Bank John Mattson Fastighetsföretagen, Wall To Wall and Scandinavian Enviro Systems.
AG Advokat is a Swedish business law firm located in Stockholm. The firm was formed in 1985.
Focusses / specialisms
A key focus area for the firm is project work, especially in the construction and real estate sector.
The firm has also expanded its banking and finance offering, where it assists both international and domestic clients on financing transactions such as bilateral and syndicated loans, real estate financing, renting and hybrid solutions.
Key clients
The firm’s key clients include 21Shares, CoinShares Digital Securities, Valour Structured Products, WisdomTree Issuer and XBT Provider.
Chicago-headquartered multinational law firm Baker McKenzie has an active presence across the Nordic region. In Sweden, the firm’s Stockholm teams advise clients across the region.
Focusses / specialisms
The firm’s banking team advises clients on the full extent of–often cross-border–banking transactions. The firm has steadily increased its involvement in leveraged finance, restructuring and debt capital markets transactions in Sweden.
The firm’s capital markets practice has a strong position in the local IPO market and handles a bundle of equity transactions in each research cycle.
In corporate and M&A, the firm excels in handling cross-border transactions with elements in multiple jurisdictions.
Key clients
Key clients include Citigroup, Carnegie Investment Bank, JP Morgan, Bank of America, Morgan Stanley, Barclays, Husqvarna, Latour, Maersk, Securitas, Embracer Group, Nordic Capital, Ratos, Bain Capital, FSN Capital, Trill Impact, Nalka Invest, Verdane, Accent Equity, SEB, Danske Bank, Swedbank, EQT Credit, Cordet Capital, Roundshield, EQT, FSN Capitaland Google.
Client feedback: 32nd edition (2022/2023)
Capital markets: Equity
“Extremely competent and qualified within the capital markets area, handling complex matters in a very good way. Very flexible and always available for any situation.”
M&A
“They are a true global law firm that provides services our clients need, especially on cross-border M&A and capital markets transactions. Our connection through the Stockholm office provides us with access to this network and helps ensure that our clients get attention from teams that suit their needs.”
Bird & Bird is an international law firm headquartered in London. The firm has about 29 offices around the world including a strong presence in the Nordics with an office in Stockholm.
Focusses / specialisms
The firm is active in M&A and equity capital markets within the financial and corporate sphere in Sweden. The Swedish team works closely with the firm’s internationally renowned IP practice and secures key mandates in both areas.
Key clients
Key recent clients include RNB Retail and Brands, ChromoGenics, Beowulf Mining, Irisity, Eurobattery Minerals, EnQuest, Greater Than, QP Games and Sten Forseke.
One of the largest Swedish law firms, Lindahl advises clients across a variety of practice areas and industries from its Stockholm office.
Focusses / specialisms
In capital markets, the firm specialises in advising clients in information matters, share issues, incentive programmes and all other areas of law where a listed company may need legal advice. The firm has advised on several large listings on Nasdaq in recent years. It has also been active in debt capital markets work.
In M&A the firm is recognised for its advice across several industry sectors, including TMR, IP, energy and life sciences.
Restructuring and insolvency is among the firm’s key focus areas. The practice’s advice ranges from financial work, refinancing of distressed debt to acting as receivers in bankruptcy and solvent liquidation and as administrators in company reconstructions, appointed by the courts.
Key clients
Key clients include Roadbridge, Nykredit Realkredit, K2A Knaust & Andersson Fastigheter, British American Tobacco, Coeli Private Equity, Volati, EQT, European Energy, Unwrap Finance, Addedo International, Algorithmica Research, Boule Diagnostics, OXE Marine, Byggmax Group, Fortnox, Karolinska Development, Klövern, Nanologica, TagMaster and Swedencare.
Client feedback: 32nd edition (2022/2023)
Financial services regulatory
“Proactive; professional; and reliable.”
Schjødt is a Scandinavian law firm with a significant international presence. The firm, founded in 1999, is present in Sweden via an office in Stockholm.
Focusses / specialisms
The firm has a market-leading offering across the full range of financial and corporate areas.
Its banking and finance department advises on a wide variety of finance transactions, with a particular focus on real estate finance, and cross-border leveraged acquisition financing banking.
The firm’s team advising on capital markets, financial regulatory and tax is also highly able. It has exceptional capabilities in assisting on capital markets and public M&A transactions. The firm is well known for its expertise in the cryptocurrency sector, alongside its superlative knowledge of the life sciences and healthcare sector.
The M&A team has experienced growth in the recent past and is among the strongest practices in the area in Sweden, advising on the structuring and implementation of all types of M&A transactions and private company investments in the wider Nordic region.
Key clients
Key clients include Baring Vostok Capital Partners, NREP, MTG, Goldman Sachs, Morgan Stanley, Carnegie, Swedbank, Danske Bank, DNB, Bank of America Merrill Lynch, Nordea, Deutsche Pfandbriefbank, American Express, Ture Invest, Proventus Capital Partners, Ares Management, Procuritas and Scope Capital.
Client feedback: 32nd edition (2022/2023)
Insolvency
“Apart from being really good lawyers, the people from Schjødt that we have been working with have true business acumen and understand the business needs.”
M&A
“Client-centric. Hardworking. Making specialist functions come together seamlessly. Fun factor.”
Törngren Magnell is a Swedish transactional law firm. The firm was founded in 2006 and is located in Stockholm.
Focusses / specialisms
The firm’s banking team is strong. It regularly works for lenders and barrowers on the full spectrum of lending work.
In the capital markets space the firm is active on debt and equity mandates, advising clients such as international listed companies, private equity and venture capital funds, investment banks, investment funds and security companies.
The M&A team acts for both buyers and sellers, often with a private equity element. The firm regularly advises high profile mid-market Nordic private equity houses as well as several state-owned companies.
Key clients
Key clients include Norvestor Equity, Priveq Investment, Endúr, Posti Group, RNB Retail & Brands, MAG Interactive, NetNordic, CDON and Nelly Group, The Hans and Barbara Bergström Foundation, Saxlund Group, Inission, Prime Living, Nordea, Svenska Handelsbanken, Nykredit, Danske Bank, Hemfosa Fastigheter, NREP, Mölnlycke Holding, Samhällsbyggnadsbolaget and Litorina Capital Advisors.
Research period review: 31st edition (2020/2021)
The banking team had a busy year, advising both borrowers and lenders on a high volume of lending mandates. The firm was particularly active in acquisition finance, but also assisted on real estate finance, refinancing and financial restructuring matters.
In equity capital markets the firm advised a wide variety of market participants on IPOs, private placements, directed issues and reverse acquisitions. In the dept capital market area the firm did predominantly issuer side work on bond issuances.
The M&A acted for a mix buy and sell side clients on predominantly local transactions. The firm was highly active in the Swedish private equity space.
In staffing changes partner Eva Sundling joined the banking practice during the research period. Counsel Bruce McGinn departed the corporate and M&A area.
Deal highlights: 31st edition (2020/2021)
Arcane Crypto IPO
CDON IPO
Endúr SEK400 million acquisition of Marcon Gruppen i Sverige
Enea acquisition of Aptilo
NREP SEK1.5 billion real estate financing
Prime Living SEK640 million recapitalisation
Samhällsbyggnadsbolaget €700 million social bond issuance and €500 million perpetual hybrid bond issuance
Saxlund Group SEK85 million rights issue
Sdiptech financing to acquire Rolec
The Hans and Barbara Bergström Foundatio SEK 3.1 billion mandatory public cash offer for Internationella Engelska Skolan i Sverige Holdings II
Client feedback: 31st edition (2020/21)
Asset finance
"My opinion is regarding Eva Sundling. She is a skilled lawyer within, among others, asset finance, payment services, securities related issues and also other types of financing."
Bank lending : Lender side
"Fully understand Swedish law but also reflecting Danish law as the financing is based on this."
"Knowledgeable, pragmatic, fast."
"Fast to answer questions - fast to produce documents - accurate - high business integrity."
"High competence - high level of service - positive attitude - easy accessibility - effective."
"Understanding need for balance between lender and borrower, high quality of early drafts, high availability of counsels and swift response."
"Very high level of partner interaction. Very good understanding of our needs and business. Very responsive and available."
Capital markets
"Accessibility and width."
Capital markets : Debt
"They have a long track record working with us and the knowledge of the history of the company. We have good contact and can reach the lawyer at short notice. "
Financial services regulatory
"Competent, accurate and proactive."
"Easy to get in touch with and quick responses. "
"Extreme service mindset. Deep know-how."
Investment funds
"Deep industry knowledge. Precision in advice and seniority. High-impact advice. Superb customer service."
M&A
"Very professional - knowledgeable - thorough."
Cecilia Rudels
"Responsive. Skilled."
"Available, solutions oriented and client centric. Obviously appreciated also by borrowers as many of them want us as a bank to have her as counsel."
"High level of interaction. Availability and knowledge and willingness to explain. Understanding of our business and needs."
Eva Sundling
"Very good service in a timely manner."
"Knowledgeable."
"Competence; communication skills; negotiation skills (vs. our client's lawyers); positive attitude; in general exceeding our expectations."
"Eva has customer focus and is very skilled in the financing and payment service areas. She was very much appreciated as a legal adviser within the bank and I'm sure she is doing well also at the law firm. "
Johan Wigh
"Cares about his clients. Has deep knowhow on a wide range of topics."
"Very analytical; good business sense; thorough in evaluations; nice to work with; right attitude with business partners."
Niclas Högström
"Problem solver. Thinks on his feet. Understands complex context. Excellent to work with when negotiating large deals; understands role well."
Sandra Broneus
"Knowledge; proactive; eager to help."
Tobhias Brandell
"His long track record and knowledge of the company from start of 2017. Easy to contact with short notice."
"Very fast to answer mails and calls. Always will help us in the best way. High level of business integrity. Even if his colleagues are working on our case, he is always available for questions."