Selected Cases

Andulf acted as legal advisor to the European Investment Fund (“EIF”) in connection with its investment in Armada Fund VI Ky, a Finnish hybrid debt-equity fund focusing on lower mid-market companies primarily across the Nordic countries.

Andulf acts as legal advisor to Verdane when portfolio company Easypark intends to acquire Flowbird.

Andulf lead legal advisor when Norrsken22 closes debut fund at USD 205m to back startups in Africa.

Andulf acted as legal advisor for Monterro in its acquisition of Swedish SaaS company PLAYipp. PLAYipp offers a platform for user-friendly, secure management and publication of information from multiple sources to digital screens and digital meeting room bookings.

Andulf acted as legal advisor for Spintop Investment Partner IV in connection with its investment in Elastisys, a spin-off company from Umeå University, specializing in cloud native technologies with a strong commitment to information security.

Andulf acted as legal advisor to Eterna Invest AB (publ) and to the minority sellers in connection with the sale of Progrits AB to Axcel. Progrits is a leading vertical software and information services company within business to business.

Andulf acted as legal advisor for Standout Capital in its investment in Setly, a technology-oriented accounting and payroll services provider.

Andulf acted as legal advisor for Stella Capital in connection with its investment, via a new co-owned company, into the two related companies Schain Research AB and Mailo Global AB.

Andulf acted as legal advisor to Bellman Group AB (publ) in connection with the acquisition of Varbergs Grävteknik AB.

Andulf acted as legal counsel to Areim Fund V in respect of the purchase of shares in Magnolia Bostad AB’s holding company HAM Nordic AB.

Andulf acted as legal advisor to PRI in connection with its investments in Quinbrook Infrastructure Partners III.

Andulf acted as lead fund formation counsel in connection with the establishment of Areim Fastigheter DC.

Andulf acted as legal advisor to the Swedish state owned company Saminvest AB in connection with its investments in FSG Fund II AB.

Andulf acted as legal advisor for Spintop Investment Partner IV in connection with its investment into Embedl, a strategic move set to amplify its operations and further enhance the tools that are delivering the highest-performing AI models in the automotive industry.

Andulf acted as legal advisor for Trapets, a leading Nordic software company offering solutions to fight financial crime, in its acquisition of Regtech Solutions, a Swedish software company offering KYC and screening services solutions to comply with AML regulations.

Andulf acted as legal advisor for Creades AB (publ) in connection with its investment in Kreditz AB.

Andulf acted as legal advisor for Verdane in its investment in Verified, a B2B SaaS company providing AML and KYC, signing and authentication workflows.

Andulf acted as legal advisor for NVC Fund 2 in connection with its investment in Evroc, Europe’s first secure, sovereign and sustainable hyperscale cloud.

Andulf acted as legal advisor to the European Investment Fund (“EIF”) in connection with its investment in Voima Ventures Partnership III LP, a Finnish fund focusing on scientific deep tech ventures in the Nordics and Baltics.

Andulf acted as legal advisor for Verdane in its €10.6 million investment in Blinto, a fast-growing online auction platform used for heavy machinery.

Andulf legal advisor when node.vc launches first fund.

Andulf acted as legal advisor to Nicoya AB (publ) in connection with its sale of shares in Kavalleriet AB to Mathem. Kavall (now Mathem Express) services mainly consists of home delivery services with regards to groceries.

Andulf acted as legal advisor to PRI in connection with its investments in Integrum Capital Partners.

Andulf acted as legal advisor to the Swedish state owned company Saminvest AB in connection with its investments in a business angel company administrated by Blekinge Business Incubator (BBI), Kick Capital I AB.

Andulf acted as legal advisor for existing VC investors, including CommerzVentures and Cherry Ventures, in connection with Adelis and SEBs investment into Hedvig AB, which provides a software as a service solution for the insurance industry.

Andulf lead legal advisor when Standout Capital II holds final closing at hardcap.

Andulf acted as local legal advisor for Verdane in its strategic investment together with FSN Capital of approximately €135 million in Polytech, a global market leader in rotor-blade technical solutions for wind turbines.

Andulf acted as sell-side advisor in the sale of Born Försäkringar, a property insurance broker, to Säkra.

Andulf acted as legal advisor for Spintop Investment Partners IV in connection with its investment in Scrintal Labs AB. The company combines visual canvases with documentation to help professionals and teams go from idea to presentable work on the same screen.

Andulf acted as lead fund formation counsel in connection with the establishment of Areim Fastigheter 5.

Andulf acted as legal advisor to the European Investment Fund (“EIF”) in connection with its investment in Nordic Alpha Partners Fund II K/S, a Danish fund focusing on sustainability technology companies.

Andulf acted as legal advisor for Standout Capital in its investment in Business Engagement Group, a leading Dynamics 365 partner to Nordic enterprises.

Andulf acted as legal advisor for Monterro in its acquisition of Hub Planner, a SaaS company offering resource management services.

Andulf acted as legal advisor to Monterro Fund Management AB in its application for authorisation as AIF Manager. The application was approved by the Swedish Financial Supervisory Authority on 28 November 2022.

Andulf acted as legal advisor for Spintop Investment Partners IV in connection with its investment in Infobaleen AB whose platform makes large amounts of customer data easily accessible and helps companies manage their business on the right KPIs.

Andulf acted as lead legal advisor to Nicoya AB in connection with a Private Placement. Nicoya AB is a business-accelerating investment company focusing on foodtech.

Andulf acted as legal advisor to Astorya.vc in connection with its investment in Claims Carbon, a net zero insurance data startup.

Andulf acted as legal advisor to sellers in connection with the sale of Aquademica to Raksystems.

Andulf acted as legal advisor to Bellman Group AB (publ) in connection with the acquisition of Bröderna Öhman AB.

Andulf acted as legal advisor to Bellman Group AB (publ) in connection with the acquisition of Börje Holmgrens Åkeri AB.

Andulf acted as legal advisor for Spintop Investment Partners III in connection with its investment in AlexisHR. Alexis’ mission is to change the way companies deal with their people administration by making it effortless, simple, and quick.

Andulf acted as legal advisor of NVC Fund 1 in connection with its investment in 1Komma5°. Aiming at answering the question: how can we help decarbonise millions of homes in Europe as fast as possible, 1Komma5 offers a solution to the bottleneck of the fragmented “last mile” installation of solar power, heat pumps, storage and charging.

Andulf acted as legal advisor to Evolver, through its controlled company XPartners Samhällsbyggnad, in connection with its purchase of Toofab.

Andulf acted as legal advisor of NVC Fund 1 in its investment in BeZero - a ratings agency for voluntary carbon credits, setting out to become the leading source of information for carbon markets.

Andulf acted as legal advisor for Monterro in its acquisition of Pythagoras Systems AB, a Swedish SaaS company offering an innovative cloud platform for property, real estate, and facility management.

Andulf acted as legal advisor to the sellers in connection with the sale of Cityläkarna to Helsa Primärvård Sverige AB.

Andulf acted as legal advisor to the sellers in connection with the sale of Veterankraft AB to Heart BidCo AB.

Andulf acted as legal advisor for Stella Capital in connection with its investment, via a new co-owned company, into the two Scandinavian fashion companies Soft Goat AB and By Malina AB.