IK Partners’ Acquisition of Truesec Holding AB

Roschier represented IK Partners in the transaction. White & Case advised Skandinaviska Enskilda Banken AB (SEB) and a top-tier direct lender on a senior/holdco PIK financing respectively for the acquisition. Hannes Snellman acted as counsel to SEB Private Equity in the co-investment with IK Partners in their acquisition of Truesec.

IK Partners, a leading Nordic private equity group, has acquired Truesec Holding AB from Sobro and Truesec’s management and employees, who will also be reinvesting in the company.

The Truesec group is a leading provider of cybersecurity services focusing on protecting organizations and society against cyber threats across various industries. The Truesec group is headquartered in Stockholm and has approximately 180 employees.

Completion of the transaction is subject to regulatory approvals.

The Roschier team comprised Malin Leffler (Picture), Markus Olsson, Kristian Hugmark, Björn Johansson Heigis, Taymaz Afsari, Vicky Kaufmann and Nina Gustafsson.

The White & Case team which advised on the transaction was co-led by partners Philip Broke, Jeremy Duffy (both London), Carl Hugo Parment (Stockholm) and Hadrien Servais (Brussels), and included partner Henrik Wireklint (Stockholm), counsel David Tayler (Stockholm) and associates Sara Ben Othmen, Scott Goldner, Eline Souffriau (all Brussels), Emelie Soderman, Filip Westling and Marcus Halling (all Stockholm) and lawyer Anu Alamutu (London).

Hannes Spellman’s core team included Mikael Klang and Alexander Lindqvist. 

Involved fees earner: Mikael Klang – Hannes Snellman; Alexander Lindqvist – Hannes Snellman; Taymaz Afsari – Roschier; Nina Gustafsson – Roschier; Kristian Hugmark – Roschier; Björn Johansson Heigis – Roschier; Vicky Kaufmann – Roschier; Malin Leffler – Roschier; Markus Olsson – Roschier; Sara Ben Othmen – White & Case; Philip Broke – White & Case; Jeremy Duffy – White & Case; Scott Goldner – White & Case; Marcus Halling – White & Case; Carl Hugo Parment – White & Case; Hadrien Servais – White & Case; Emelie Söderman – White & Case; Eline Souffriau – White & Case; David Tayler – White & Case; Filip Westling – White & Case; Henrik Wireklint – White & Case;

Law Firms: Hannes Snellman; Roschier; White & Case;

Clients: IK Investment Partners; SEB Private Equity; Skandinaviska Enskilda Banken AB;

Federica Tiefenthaler

Author: Federica Tiefenthaler