20.10.2016

Brisk M&A Pace Continues in the Autumn – Private Equity Investors on the Move

Last summer, we reported how the beginning of the year got off to a lively start on the M&A front. We also listed four key deal trends (14 July 2016: M&A World Is Waking up to Smell the Potential in Finland). As we have entered the final quarter of the year, the same fast transaction pace has continued after the summer as well. Private equity investors and venture capitalists have been involved in a significant portion of deals.

For example, last week Thomson Reuters and Mergermarket, two companies compiling statistics of the number of transactions, published their latest tables for the first three quarters of the year. 

Thomson Reuters’ statistics1 included a total of 108 transactions, and we advised our clients in 34 of them. In terms of the number of transactions, we are the only Finnish firm to reach top 3 at the Nordic level. On the Finnish scale, we are in joint first position in Mergermarket’s table2 during the first three quarters.

Private equity investors and venture capitalists have been involved in many of this year’s transactions—and these investors are increasingly from abroad. The number of newly raised private equity funds and funds that are currently being raised is exceptionally high in Finland and in the Nordic countries in general. Representing Intermediate Capital Group in the acquisition of Esperi Care Group, acquiring Luvata’s Special Products division from Nordic Capital and selling Touhula Varhaiskasvatus to EQT are good examples of private equity transactions in which we have advised our clients this year. 

For further information, please contact:
Jarno Tanhuanpää
Jan Örndahl
Carola Lindholm

 

Thomson Reuters Mid-Market M&A Review, Legal Advisors, First Nine Months 2016, MML09–Undisclosed Values & Values up to US$500m

2Mergermarket Global and regional M&A: Q1-Q3 2016, legal advisors, Europe league tables, Finland by deal count