Destiny’s Acquisition of Soluno

Destiny's Acquisition of Soluno

Vinge advised Destiny on the deal. Roschier advised SEB Private Equity and the other shareholders in the transaction.

SEB Private Equity has sold Sweden-based UCaaS platform Soluno to Europe’s largest secure cloud communication provider Destiny, a portfolio company of Apax Partners. Roschier advised SEB Private Equity and the other shareholders in the transaction.

Soluno is one of the leading unified communications as a service providers in Europe. The acquisition gives Destiny an instantly strong position in Sweden and also leads to globalisation for Soluno. Following the acquisition, Destiny will comprise of more than 600 employees across 6 countries and is expected to generate a turnover of SEK 1.7 billion in 2021.

Vinge’s team mainly consisted of Christina Kokko (Picture), Ulrich Ziche, Hannah Kajlinger and Carl Fredrik Wachtmeister (M&A), Lisa Hörnqvist (Commercial Agreements and GDPR), Mathilda Persson (IT), Ulf Pyk (Real Estate), Josefine Lanker (Banking and Financing), Ebba Svenburg (Employment), Tove Lövgren Frisk (Compliance), Felizia Wiker (IP) and Sara Dahlroos Sköld (VDR specialist).

Roschier’s core advisory team comprised Malin Leffler, Leo Lee, John Ersson and Tobias Wiberg.

Involved fees earner: John Ersson – Roschier; Leo Lee – Roschier; Malin Leffler – Roschier; Tobias Wiberg – Roschier; Lisa Hörnqvist – Vinge; Hannah Kajlinger – Vinge; Christina Kokko – Vinge; Josefine Lanker – Vinge; Tove Lövgren Frisk – Vinge; Mathilda Persson – Vinge; Ulf Pyk – Vinge; Ebba Svenburg – Vinge; Carl Fredrik Wachtmeister – Vinge; Felizia Wiker – Vinge; Ulrich Ziche – Vinge;

Law Firms: Roschier; Vinge;

Clients: Destiny NV/SA; SEB Private Equity;

Author: Federica Tiefenthaler