Firms To Watch: Capital markets

Capital markets in Sweden

BAHR

With the 2026 arrivals of Emil Hedberg, Frida Lantoft, and Peter Svanqvist, formerly at Advokatfirman Schjødt, BAHR 's newly established Stockholm office marks the firm’s entry into the Swedish market.

Baker McKenzie

Acting for Nordic and international private equity firms, Baker McKenzie‘s Stockholm office provides a comprehensive equity capital market offering, advising on divestments, acquisitions, and high-profile exits; the group has also recently expanded in the pharmaceutical, retail, and energy sectors. Carl Svernlöv is a noted member of the team, providing expertise to small and medium companies, and Costin Mihailescu has extensive experience advising private equity houses and their portfolio companies on acquisition financings. John Gustafson is another key name, advising private equity funds on buyout transactions. For matters involving the US market, Henric Roth is a notable name. Joakim Falkner is also active in the team, where he is dual-qualified in England and Sweden.

Praxisleiter:

Carl Svernlöv; Costin Mihailescu; John Gustafson


Weitere Kernanwälte:

Adam Farlow; Henric Roth; Stefan Balazs; Joakim Falkner


Referenzen

‘All around knowledge and expertise in both capital markets and Swedish listed markets. Exceptional availability and reactivity. Concise and „business partner“ type recommendations.‘

‚Smart, experienced, reactive, easy going yet super professional.’

‘The team is extremely pragmatic and solution-focused.’

Kernmandanten

Aspira Partners AB


Axel Johnson International


BLQ Invest AB


Celero Capital AB


CR Group Nordic AB


Embracer Group


Enad Global 7 AB (publ)


Företagsparken AB


Hitachi Zosen Inova AG


HongShan Capital Group


Instalco AB


LeaseCloud AB


MVI Fund AB


Nalka Invest


Nordic Capital


Siloy Group BV


Thule Group AB


Trill Impact AB


Uniwater


Villeroy & Boch


Highlight-Mandate


  • Acted as legal adviser to Företagsparken in connection with a €150m investment from Bain Capital.
  • Acted as legal adviser to Thule Group, a global sports and outdoor company, in the acquisition of Quad Lock.

Advokatfirman Cederquist KB

Advokatfirman Cederquist KB‘s capital market team has a strong track record of providing comprehensive ECM and DCM support. The DCM group regularly advises listed and unlisted companies within the private equity and real estate sectors, working on convertible debt financings, hybrid capital market instruments, and alternative debt funding matters. Per Henriksson heads the DCM practice, with expertise in leveraged financing deals alongside cross-border mandates. Other strengths in the firm’s DCM offering include handling fund financings as well as international and domestic bond transactions. Arthur Klintred is a key contact for these mandates, alongside strength in sustainable finance and green bonds, which are also areas of expertise for Camilla Hedner. Fredrik Lundén leads the firm’s ECM offering, which includes advising on IPOs and pre-IPO placements, as well as supporting clients in the financial regulatory sector. Tone Myhre-Jensen is another key name at the practice, regarded for her ability to advise on regulatory compliance, with a focus on equity offerings. Rounding out the team is Wilhelm Lüning, with extensive experience in equity capital markets.

Praxisleiter:

Fredrik Lundén; Per Henriksson


Weitere Kernanwälte:

Arthur Klintred; Camilla Hedner; Tone Myhre-Jensen; Hanna Lishajko; Wilhelm Luning


Referenzen

‘They were very experienced and guided use through a complex listing process.’

‘We were very pleased with the guidance from Fredrik Lundén in complicated matters. We were also very impressed with the quick turnaround on all questions and the fast progress in all matters provided by Hanna Lishajko.’

‘Cederquist is a great law firm to have on board in DCM transactions. In addition to providing great, swift support in transactional work, Cederquist’s team offers intellectual qualities that few other law firms in the same sector have, which is important to be able to handle difficult issues that may arise.’

Kernmandanten

First Camp Group AB


Nordea Bank Abp,


Swedbank AB (publ)


Logistea AB


Nivika Fastigheter AB (publ)


Nyfosa AB


Fastighetsbolaget Emilshus AB (publ)


NP3 Fastigheter AB (publ)


Kingspan Holdings (IRL) Limited


Yubico AB


Catella AB


Neobo Fastigheter AB (publ)


Logistri Fastighets AB (publ)


Nodica Group AB


Rottneros AB (publ)


Triton


Highlight-Mandate


  • Advised Yubico AB on its listing on Nasdaq Stockholm (Large Cap).
  • Advised the arrangers in connection with Nynas AB’s $380m senior secured bond.

Cirio Advokatbyrå AB

Adept at handling both equity and debt capital market mandates, the team at Cirio Advokatbyrå AB advises clients in the technology, life sciences, and real estate sectors. The group has experience in depositary receipts, real estate bond issuances, and rights issuances, and a recent highlight for the group involved advising on a triple listing in Sweden, Iceland, and the global market in the US. Annika Andersson heads the team, advising on a range of matters such as IPOs, spin-offs and capital raisings. Working alongside her is Maria Arnoldsson, who is well-regarded for her work on transactional mandates and her regulatory expertise. Carl Axel Morvay is another key contact within the group, focusing on DCM mandates, where he is recommended for his work in high-yield and investment-grade issuances.

Praxisleiter:

Annika Andersson


Weitere Kernanwälte:

Maria Arnoldsson; Carl Axel Morvay


Referenzen

‘They are always responsive and get back quickly in various matters.‘

Kernmandanten

Alvotech


ABB Ltd


AB Sagax


Green Cargo AB


Annexin Pharmaceuticals AB


Intervacc AB


Pareto Securities


Karolinska Development AB


Boule Diagnostics AB


Micro Systemation AB


Convendum AB


Highlight-Mandate


  • Advised Alvotech in connection with the triple listing of its shares on Nasdaq Stockholm in the form of Swedish depositary receipts and the offering of Swedish depositary receipts to the public in Sweden.
  • Advised Alvotech in connection with a private placement of Swedish depositary receipts (SDRs) and ordinary shares raising gross proceeds of SEK750m to the company.
  • Advised Intervacc in connection with its rights issue of SEK225m. The rights issue was underwritten to approximately 80% through subscription and guarantee commitments.

Advokatfirman Delphi

Well regarded in the small and mid-cap segment of the market, the team at Advokatfirman Delphi continues to strengthen its international and large-cap offering, including advising on the listing of life sciences companies. The group is also known for its work on share rights issuances and regulatory advice. Andreas Wirén heads the team, noted for his work in incentive programs and private placements. Emil Apelman is also a key contact.

Praxisleiter:

Andreas Wirén


Weitere Kernanwälte:

Emil Apelman


Referenzen

‘The team is very pragmatic and solution oriented.’

‘Andreas Wirén and Emil Apelman are always pragmatic and happy to help out.’

‘Highly competent staff, excellent availability, quick turn around time.’

Kernmandanten

Cedergrenska AB (publ)


Train Alliance AB (publ)


CodeMill AB (publ)


Job Solution Sweden Holding AB (publ)


Railcare Group AB


Pareto Securities AB


NIBE Industrier AB (publ)


BE Group AB (publ)


BeammWave AB (publ)


Highlight-Mandate


  • Advised Olink Holding AB (publ) in the $116m offering of American Depositary Shares (ADSs).
  • Acted as local counsel to Polestar in the completion of the business combination with the special purpose acquisition company (SPAC) Gores Guggenheim, Inc.
  • Acted as legal adviser in spin-off and separate listing of Momentum Group on Nasdaq Stockholm.

DLA Piper Sweden

Stockholm-based DLA Piper Sweden remains active, advising clients on public mergers and cross-border tender offers. The group regularly supports blue-chip clients, financial institutions, and corporate entities, advising on regulatory matters, capital raisings, and rights issuances. Team head Peder Grandinson has experience with complex IPO mandates and insider information issues. Working alongside him is Anna Berntorp, who is well-versed in sustainability and ESG mandates. Former head of capital markets at Hammarskiöld Carl-Johan Pousette joined the firm in March 2025.

Praxisleiter:

Peder Grandinson


Weitere Kernanwälte:

Carl-Johan Pousette; Richard Folke; Anna Berntorp


Referenzen

‘Strong international presence, meaning international aspects can be checked internally.’

‘A broad and well-balanced team that will always have the availability to support you in the best possible way.’

‘Richard Folke and Peder Grandinson are always spot on in the advice and up to date with the latest within the market practice.’

Kernmandanten

Accendo Capital SICAV-RAIF


Alm Equity


Athanse Industrial Partner


Avanza Bank Holding


Cidro Förvaltning AB


DistIT AB (publ)


Elekta AB (publ)


G2 Risk Solutions


Moment Group


NCAB Group


Nuveen/T-C Storage HoldCo AB


Philip Morris


Skogsfond Baltikum AB (publ)


Storskogen


Synact Pharma AB


Systemair AB


Svenska Nyttobostäder AB (publ)


Unsecured Creditors Committee (SAS)


Vertex Inc


Zenith Group


Highlight-Mandate


  • Advised Svenska Nyttobostäder AB (publ) on its approximately SEK2.47bn public merger with ALM Equity AB (publ), structured under the Swedish Companies Act and Nasdaq’s takeover rules.
  • Advised SynAct Pharma AB on a significant capital raise totalling approximately SEK65m, strategically structured through a fully guaranteed rights issue and three distinct directed share issues.
  • Advised SynAct Pharma through a critical capital raise of up to SEK49.2m, expertly structuring and executing three directed share issues.

Eversheds Sutherland

Advising clients on IPOs and reverse takeovers on Swedish exchanges, the team at Eversheds Sutherland provides comprehensive support to domestic and international companies. The group has experience in rights issuances, block trades, and hybrid capital transactions. Johan Engström leads the group, with expertise in equity capital market mandates, including direct listings and accelerated book buildings. Mark Falkner is another notable name within the group, who recently advised on a delisting mandate, as well as green energy IPOs.

Praxisleiter:

Johan Engström


Weitere Kernanwälte:

Mark Falkner


Referenzen

‘Eversheds Sutherland stands out for its exceptional client service, deep legal expertise, and collaborative approach.‘ 

‚What truly sets the team apart is their ability to combine global reach with local insight, delivering clear, commercially focused advice across jurisdictions. Clients will appreciate their responsiveness, pragmatic problem-solving, and strong sector knowledge.‘

‚Eversheds Sutherland demonstrates a forward-thinking mindset, embracing innovation in technology, while also showing a strong commitment to diversity and inclusion. Their ability to seamlessly coordinate across teams and geographies makes them a trusted partner in complex, high-stakes matters.’

Kernmandanten

Qben Infra AB


RanLOS AB


Studsvik AB


Scandinavian Astor Group AB


G5 Entertainment AB (publ)


ZignSec AB (publ)


Neola Medical AB (publ)


ChargePanel AB (publ)


Eye World AB (publ)


Acuvi AB


Umida Group AB (publ)


Arctic Blue Beverages AB (publ)


Kinda Brave Entertainment Group AB


Svenska Aerogel Holding AB (publ)


Terranet AB


SOZAP AB (publ)


Peptonic Medical AB


Highlight-Mandate


  • Advised on Qben Infra AB’s share-for-share public takeover of the Norwegian infrastructure company ININ Group, listed on Euronext Growth, Oslo, and subsequent direct listing on Nasdaq First North Premier Growth Market, Sweden.
  • Advised Scandinavian Astor Group AB on its SEK320m directed share issue executed through an accelerated book building process.
  • Advised ZignSec AB on the US-based risk and compliance business intelligence company G2 Risk Solutions’ public takeover offer (public M&A).

Gernandt & Danielsson Advokatbyrå

The capital markets team at Gernandt & Danielsson Advokatbyrå remains active, adeptly handling debt and equity matters for a wide range of sponsors, investors and issuers across jurisdictions. On the ECM side, the group has recently worked on novel transactions, advising on debt-for-equity swaps, pre-IPO convertibles and cross-border IPOs. Carl Westerberg is highly regarded for his extensive experience in handling complex IPOs; likewise, Fredrik Palm stands out in the ECM space for his securities regulation advice. Another notable member of the team is Manfred Löfvenhaft, who has over thirty years of experience advising on IPOs. Within the DCM space, the group has been working on dual financing structures and sustainability-linked instruments. Mikael Borg leads the team alongside Westerberg and Palm, bringing a specialism in structuring debt transactions as well as hybrid instruments. Sofie Viktorsson is another key contact on the DCM side, with expertise in senior secured structures. Rounding out the team is Simon Wetterholm, who is well-versed in MTN programmes and hybrid instruments.

Praxisleiter:

Mikael Borg; Carl Westerberg; Fredrik Palm


Weitere Kernanwälte:

Manfred Löfvenhaft; Sofie Viktorsson; Oscar Anderson; Gustav Skogö-Nyvang; Simon Wetterholm


Referenzen

‘Hard working. Fast response time. Sector competence.’

‘Very hard working. Good knowledge in certain sectors.’

‘G&D is our go-to Swedish firm for transactional matters requiring Swedish counsel. They are excellent client advisers and ensure that there is always active partner involvement, particularly on more complex matters.’

Kernmandanten

ICA Gruppen AB (publ)


Fastpartner AB (publ)


Nordea Bank Abp, Danske Bank, Skandinaviska Enskilda Banken AB (publ), Swedbank AB (publ), Arctic Securities AS


Verve Group SE


ABG Sundal Collier AB and Arctic Securities AS


Allient Inc. / Allied Motion Technologies Inc / Allied Motion Stockholm AB


Pareto Securities AS, LifeFit Group and AcquiCo


TP Aerospace Holding I A/S


Nordea Bank Abp, Pareto Securities AS and DNB Markets, a part of DNB Bank ASA, Sweden Branch


Storskogen Group AB (publ)


Bellman Group AB (publ)


ABG Sundal Collier AB, Pareto Securities AS and Skandinaviska Enskilda Banken AB (publ)


Betsson AB (publ)


ADDvise Group AB (publ)


Voi Technology AB (publ)


Carnegie Investment Bank


Heart BidCo AB (publ)


Abax Group AS


Pareto Securities and SEB


Skandinaviska Enskilda Banken AB (publ) (SEB)


Swedbank AB (publ)


AstraZeneca


Goldman Sachs


Morgan Stanley


Geely


Nordstjernan AB


Cint Group AB (publ)


Sinch AB (publ)


OX2 AB (publ)


Rusta AB (publ)


Viaplay Group


Modern Times Group MTG AB (publ) (MTG)


Heimstaden AB (publ)


Volati AB (publ)


Highlight-Mandate


  • Advised ICA Gruppen Aktiebolags (publ) in connection with its SEK20bn MTN programme under which notes may be issued in EUR, SEK and NOK including green notes and sustainability linked notes.
  • Advised Fastpartner AB (publ) in connection with its SEK10bn MTN programme under which notes may be issued in EUR, SEK and NOK including green notes.
  • Advised Africa Oil Corp. in connection with the agreement with BTG Pactual Oil & Gas S.a.r.l. to consolidate the remaining 50% interest in Prime Oil & Gas Coöperatief U.A.

Hammarskiöld

With equity and debt capital market offerings, the group at Hammarskiöld regularly engages in mandates regarding primary and secondary mandates, market regulation, and stock exchange issues. Ola Åhman heads the equity market practice, frequently advising listed companies on takeover and distressed situations, alongside handling regulatory matters. Rasmus Fahlén heads the debt practice, where he brings expertise in financial restructuring to the group. Other key members of the team include Johan Löfquist and Aksel Ahlqvist.

Praxisleiter:

Ola Åhman; Rasmus Fahlén


Weitere Kernanwälte:

Johan Löfquist; Aksel Ahlqvist


Referenzen

‘Strong advisory capabilities in the Swedish regulatory space.’

Kernmandanten

Lea Bank AB (publ)


Skandinaviska Enskilda Banken AB (publ)


Scania CV AB


Devyser Diagnostics AB (publ)


CA Plusinvest AB


SEK – AB Svensk Exportkredit


Nordic Trustee & Agency


Intertrust Fastighets AB Balder


Fabege AB


Vacse AB (publ)


Fastighets AB Stenvalvet (publ)


Highlight-Mandate


  • Advised Lea Bank AB (publ) on a cross-border merger, which included a de-listing from Euronext Growth in Oslo in conjunction with a listing of the merged entity on Nasdaq First North Premier Growth Market in Stockholm.
  • Advised CA Plusinvest AB in connection with the public takeover offer relating to all shares in Arise AB (publ).
  • Advised AB Svensk Exportkredit (publ) (SEK) in the €2bn restructuring of listed Viaplay.

Advokatfirman Lindahl KB

With experience in share issuances, corporate governance work, and regulatory issues, the team at Advokatfirman Lindahl KB advises on a range of equity capital market mandates. The group acts for clients on both regulated (Nasdaq Stockholm) and smaller marketplaces (Spotlight stock market), alongside handling insider regulations, foreign direct investments, and share issuances. Based in Stockholm, Dennis Westermark heads the team, regularly advising on capital raisings and incentive programmes. Working alongside him is Monica Lagercrantz, noted for her work advising on IPOs. The firm has offices in key Swedish cities, including Helsingborg, Malmö, Uppsala, and Stockholm.

Praxisleiter:

Dennis Westermark


Weitere Kernanwälte:

Monica Lagercrantz; Victoria Skoglund; Jakob Abrahamsson


Referenzen

‘Monica Lagercrantz and Lindahl are VERY knowledgeable about the capital markets in Sweden. Combining that with fast response times and a very good sense of business understanding, they become a valuable partner.’

‘Lindahl’s capital markets and transactions team distinguishes itself through a pragmatic, solutions-oriented approach and consistently high service levels. From my perspective, a key strength lies in their ability to combine deep regulatory knowledge with commercial awareness – ensuring that processes are both compliant and workable in practice.‘

‚Lindahl’s team is particularly strong in keeping external parties, such as investment banks, updated on regulatory developments and market practice, which is invaluable for us in our advisory role.’

Kernmandanten

ABB Ltd


Atlas Copco AB


Alimak Group AB (publ)


Bawat Water Tech Technologies AB


BioArctic AB


Clavister Holding AB


Inission AB


Elon AB


Hanza AB


HEBA Fastighets AB


Midsona AB


Millicom International Cellular S.A.


Nanologica AB


Nivika Fastigheter AB


Nolato AB


Elekta AB


Gränges AB


Pareto Securities AB


Prevas AB


Sedana Medical AB


Q-linea AB


Highlight-Mandate


  • Advised Inission in relation to the change of listing from Nasdaq First North Growth Market to Nasdaq Stockholm.
  • Advised the Independent Committee of Millicom International Cellular S.A. in relation to the public offers from Atlas Luxco.
  • Advised Sweco Sverige AB, an indirect wholly-owned subsidiary of Sweco AB (publ), in regards to the public takeover offer to the shareholders of Projektengagemang Sweden AB (publ).

Linklaters

Supporting clients with both debt and equity transactions, the Stockholm capital markets team at Linklaters is regarded for its 'excellent commercial understanding'. Recent mandates for the group include dual listings on NASDAQ and NYSE, medium-term mandates, and regulatory capital issuances. Charlotte Levin heads the team, specialising in equity capital markets work, where she is noted for her knowledge of high-value ECM mandates and advising on complex multi-jurisdictional listings, recently working on a triple listing on Nasdaq Stockholm, the global market, and Iceland. Magnus Wennerhorn, who joined from White & Case Advokat AB in September 2024, is another key contact within the team, working on a comprehensive range of matters including cross-border leveraged and acquisition finance mandates and restructurings. Nima Naderi is a notable name within the practice, working on direct share issuances and public takeovers.

Praxisleiter:

Charlotte Levin


Weitere Kernanwälte:

Magnus Wennerhorn; Nima Naderi


Referenzen

‘Experienced equity capital markets team, with in-depth knowledge of both national and international practices.’

‘Nima Naderi has great experience in advising underwriters in both small and large complex international offerings. Pragmatic and easy to work with.’

‘Highly skilled capital markets team. Very hands-on and service-minded. A pleasure to work with, pragmatic, efficient, and has excellent commercial understanding.‘

Kernmandanten

Aberdeen Group plc


Akelius


Altor


ASSA ABLOY


BNP Paribas


Bravida


Brookfield


Carnegie


Citi


Epiroc


EQT


Goldman Sachs


Hg


IK Partners


J.P. Morgan


Macquarie Capital


Morgan Stanley


Nasdaq


Netel


Nordic Level Group


Peab


SEB


Sjätte Ap-Fonden


Skandia


Telia


Thomson Reuters


Traton (Scania)


Trelleborg


Triton


Highlight-Mandate


  • Advised IK Partners‘ IK VII Fund in connection with its successful SEK192m sell-down in Netel.
  • Advised DNB Markets and Carnegie Investment Bank as financial advisers in connection with Alvotec’s triple listing on Nasdaq Stockholm.
  • Advised the syndicate of banks in connection with the €2bn listing of Hacksaw on Nasdaq Stockholm.

Mannheimer Swartling

Providing a full-service capital markets offering, the team at Mannheimer Swartling remains active, acting for companies listed on Nasdaq, international banks and clients in the aviation sector. Headed by Patrik Marcelius, the ECM practice is noted for its high-profile transactions, advising clients on big value IPOs, acquisitions and multi-jurisdictional private equity backed mandates. Emil Boström is a key contact within the team, advising on IPOs on Nasdaq Stockholm. Thomas Pettersson leads the firm's DCM practice, which adeptly handles a range of complex DCM matters, spanning restructurings, high-yield bonds, and green senior secured bonds. Daniel Karlsson is well regarded within the DCM space for his work on sustainable finance capital market products, while André Andersson continues at the firm as a senior adviser; he is highly regarded for his role in the develop of the Nordic debt capital market.

Praxisleiter:

Patrik Marcelius; Thomas Pettersson


Weitere Kernanwälte:

Emil Boström; Daniel Karlsson; André Andersson; Therese Lund Kirkhoff; Emelie Skoogh Sjölund


Referenzen

‘We view the capital markets team as highly experienced, commercially minded, and solution-focused. They combine strong technical expertise with a clear understanding of market dynamics and regulatory expectations, which makes their advice both practical and reliable.’

‚Patrik Marcelius stands out for his calm and pragmatic approach, deep market knowledge, and strong sense of client priorities. He balances legal precision with commercial understanding and is always accessible and responsive. The associates supporting him are well-prepared, detail-oriented, and deliver consistent quality across all stages of the deal.’

‘Therese Lund Kirkhoff is dedicated and a true professional. She goes above and beyond for her clients while being very communicative and maintaining clear expectations. She delivers high-quality advice and has incredibly deep legal knowledge.’

Kernmandanten

AB Bonnier Fastigheter Finans


Aktiebolaget SKF


Alfa Laval Treasury International


Arjo


Avanza Bank Holding


Castellum


Coor Service Management Holding


Danske Bank


DNB Carnegie


Eolus (previously Eolus Vind)


Enity


Ericsson


EQT


Handelsbanken


Heimstaden


Hoist Finance


Klarna


Landshypotek Bank


Loomis


Länsförsäkringar Bank


Nordea Bank


Northvolt


Preem


Resurs Bank


SAAB


Sandvik


SAS


SBAB Bank


Skandinaviska Enskilda Banken


Securitas


Sdiptech


Stillfront Group


Swedavia


Swedish Orphan Biovitrum (SOBI)


Tempcon Group


Vattenfall


Volkswagen Finans Sverige


Highlight-Mandate


  • Advised Eolus on the issuance of SEK550m green senior secured bonds as part of a wider refinancing including a super senior revolving and construction facility.
  • Advised DNB Carnegie, Nordea Bank and SEB as joint bookrunners, on Vimian Group’s issuance of senior unsecured bonds of €150m.
  • Advised EQT and Enity on the listing of Enity on Nasdaq Stockholm at a market value of SEK2,850m.

MAQS Advokatbyrå

Advising clients in the technology, biopharma, and energy sectors, the team at MAQS Advokatbyrå has remained busy working on IPOs, convertible loans, and share rights issuances. Eric Ehrencrona leads the team, with experience in capital injections, directed issuances, and changes of listing venues. Matilda Karlsson is another key contact within the team, noted for her work on capital procurement matters and the establishment of incentive structures. The group has offices in Stockholm, Gothenburg, and Malmö.

Praxisleiter:

Eric Ehrencrona


Weitere Kernanwälte:

Matilda Karlsson


Referenzen

‘Very pragmatic and down-to-earth approach. Easy to work with, also for not legally trained people, explains matters in a pedagogical way. Fast response.’

‘What I find unique about this practice is how the lawyers engage with clients. They’re really nice to work with, approachable, and easy to talk to, which makes the collaboration smooth and straightforward.’

‘Eric Ehrencrona is highly knowledgeable in his field and easy to work with.’

Kernmandanten

Agtira AB


Biofrigas Sweden AB


Cereno Scientific AB


ES Energy Save Holding AB


Gapwaves AB


Heliospectra AB


IRLAB Therapeutics AB


Lohilo Foods AB


Luxbright AB


Minesto AB


PowerCell Sweden AB


Qualisys Holding Aktiebolag (publ)


Smoltek Nanotech Holding AB


Thinc Collective AB


Zinzino AB


Highlight-Mandate


  • Advising Vor Capital and the applicable consortium on a successful public bid offer on all shares in Everysport Group AB.
  • Advised Qualisys on its IPO on Nasdaq First North Premier Growth Market at a market value of SEK760m as well as pre-IPO.
  • Advised PowerCell Sweden on a directed issue of approximately SEK190m through an accelerated book building process.

Roschier

The debt and equity capital market teams at Roschier routinely work on multi-jurisdictional mandates for clients spanning private equity sponsors and underwriters. Recent highlights for the ECM team include advising on IPO matters and listings on Nasdaq Stockholm as well as mandatory public offers. Pontus Enquist helms the ECM group, with extensive experience in real property fund formations as well as investment structuring issues. Working alongside him is Christoffer Benninge, noted for his work on IPOs and public-to-private transactions, while Ola Sandersson is another key name. Within the DCM space, the team advises on privately placed bonds and green bond issuances. Niklas Eriksson heads the DCM practice and is well regarded for his 'vast transaction experience', with experience in high-yield bonds and liability management transactions. Veronica Stiller is a key contact, noted for her work on leverage and fund financings.

Praxisleiter:

Niklas Eriksson; Pontus Enquist


Weitere Kernanwälte:

Veronica Stiller; Christoffer Benninge; Ola Sandersson; Tilda Rosengren


Referenzen

‘Highly capable people working on the matter under Pontus Enquist’s skilled leadership.’

‘Veronica Stiller has high integrity and is always available and keen to assist.’

‘Tilda Rosengren at Roschier stands out in a very positive way; she is highly available and highly professional.‘ 

Kernmandanten

ABG Sundal Collier


Arctic Securities


Avida Finans AB (publ)


Carnegie Investment Bank


Danske Bank


DNB Bank


Ilija Batljan Invest AB (publ)


Klarna


Nordea Bank


Nordic Trustee


One Equity Partners


Open Infra


Pareto Securities


SIBS AB (publ)


Skandinaviska Enskilda Banken (SEB)


Svenska Handelsbanken


Swedbank


Vinga Corporate Finance AB


Aareon AG


Atlas Luxco S.à r.l.


Attendo


Blackstone


DNB Carnegie


Castellum


Cibus Nordic Real Estate


Colony Real Estate


CVC


Danske Bank


Frazier Life Sciences


Freya Investissement


General Atlantic


Handelsbanken


Hemnet


Cheffelo


Ingka Investments


Investor AB


Morgan Stanley, J.P. Morgan, Credit Suisse


Nordea


Nordic Waterproofing


Nordika


Pareto Securities AB


Prisma Properties


Prs1 ApS


Savvy Gaming Group


SEB


Sedana Medical


Stena Adactum


Swedbank


The Danish State


Volkswagen AG


Highlight-Mandate


  • Advised Pareto Securities in relation to a senior secured bond issuance for SGL Group ApS.
  • Advised Klarna in connection with a consent solicitation process connected to the company’s contemplated IPO.
  • Advised Handelsbanken and Carnegie in connection with KB Components’ IPO on Nasdaq First North Premier Growth Market.

Advokatfirman Schjødt

The capital markets team at Advokatfirman Schjødt is well-placed to advise on green bond issuances, initial public offerings on a global stage, and tender offers. The group is recognised for its expertise in complex restructurings, including rights issuances, as well as advising on secured bond issuances. Practice head Ylva Enquist has extensive experience handling a variety of cross-border mandates, advising on a range of regulatory coordination and foreign direct investment approvals. Emil Hedberg, Frida Lantoft, and Peter Svanqvist left the firm in October 2025.

Praxisleiter:

Ylva Enquist


Referenzen

‘Very knowledgeable and vast experience. Close to the client and business-oriented.’

‘They have a strong and dedicated team with diverse knowledge. Their commitment to the client is excellent, and they put in the extra effort that may be needed in fundraising processes. We find them very communicative, understanding, and experienced.’

‘I would like to particularly emphasise the diversified skillset exhibited by Ylva Enquist, partner. Her intimate knowledge of corporate finance was critical in a large transaction that we were involved; she was able to correct and guide the financial adviser.

Kernmandanten

ABAX Group AS


ABG Sundal Collier AB


ADDvise Group


ALM Equity


BOS GmbH & Co. KG


Carnegie Investment Bank AB (publ)


Cibus Nordic Real Estate AB (publ)


Cinis Fertilizer AB (publ)


Danske Bank A/S, Danmark, Sverige Filial


Dura Sverige AB (publ)


Humana


Magle Chemoswed


Moberg Pharma


Nordea Bank Abp


Paradox


Pareto Securities AB


Ratos AB


Skandinaviska Enskilda Banken AB (publ)


Strategic Value Partners


TIAA (Teachers Insurance and Annuity Association)


Tingsvalvet Fastighets AB (publ)


Truecaller


VNV Global


Highlight-Mandate


  • Advised Strategic Value Partners on a €310m public tender offer for Nordic Paper Holding AB.
  • Advised ABG Sundal Collier, Danske Bank and Nykredit as joint bookrunners on XPartners Samhällsbyggnad’s SEK3,000m senior secured bond issuance.
  • Advised Ratos AB and Sentia ASA on the €500m cross-border combination and subsequent Oslo listing of Sentia ASA.

Setterwalls

Setterwalls‘ capital market team is active on both the debt and equity sides, providing support to clients from offices in Stockholm, Malmö and Gothenburg. The group advises clients in the technology, real estate and energy sectors, working on dual listings, share issuances and rights issuances in these spaces. The group is also noted in the market for its work on the issuer side on mandates within the ECM space. Jörgen S. Axelsson, based in Stockholm, co-heads the team and is highly regarded for his work in domestic and international IPOs, public takeovers and convertible bond issuances. Fellow co-head Marcus Nivinger is also based in Stockholm and has experience in advising on corporate governance matters. Also regarded in the ECM space is Ola Grahn, who heads the Malmö team, adeptly handling new issuances and incentive schemes. Within the DCM space, the firm remains active with EMTN programmes, alongside advising on green bonds and converting debt into shares. Leading the Gothenburg group,  Jesper Kuschel co-heads the practice, advising on major debt issuances and financings.

Praxisleiter:

Jörgen S. Axelsson; Marcus Nivinger; Ola Grahn; Jesper Kuschel


Weitere Kernanwälte:

Hugo Lemaire Månsson; Johanna Linnarsson; Olof Reinholdsson


Referenzen

‘Long lasting relationship with deep knowledge of our company’s operations. Lead partner always available for work or smaller consultations. Brings in broader core team and/or subject matter experts as required.’

‘The Setterwalls Capital Markets team provides a strong sense of confidence by being consistently well-prepared and fully up to speed. What truly sets them apart is their ability not only to follow established processes but also to have the courage to redirect and adapt when they see it will benefit the client.‘

‘Among the individuals I have worked with, Marcus Nivinger stands out as an exceptionally valued lawyer. He combines both broad and deep knowledge with a highly valuable network, which makes him not only a strong legal adviser but also a commercial and value-creating partner in every transaction. His ability to balance legal precision with a pragmatic, business-minded approach is rare and greatly appreciated.‘

Kernmandanten

AB Volvo


Alligator Bioscience AB


Arise AB


Atrium Ljungberg AB


Betsson AB


Better Collective A/S


Bilia AB


Boozt AB


Danske Bank A/S


EQL Pharma AB


Ework Group AB


Fastighets AB Balder


Flerie AB


I.A.R. Systems Group AB


K-Fast Holding AB


Knowit AB


Kongsberg Automotive ASA


Lind Invest


Nordic Waterproofing Holding AB


OssDsign AB


Rejlers AB


Swedish Logistic Property AB


Truecaller AB


Highlight-Mandate


  • Advised Fastighets AB Balder in connection with its €6bn Euro Medium Term Note Programme.
  • Advised Swedish Logistic Property AB in connection with a directed share issue of approximately SEK1.1bn to a number of Swedish and international institutional investors.
  • Advised AB Volvo and Volvo Treasury AB in connection with Volvo’s $20bn Euro Medium Term Note Programme.

Snellman

Supporting clients with both debt and equity capital market mandates, the team at Snellman delivers comprehensive advice to clients across a range of sectors, including the aviation and technology spaces. The group has experience in handling IPOs, derivative instruments and regulatory matters, and recent highlights include issuing and listing unsecured green bonds under existing MTN programme, as well as providing counsel on the establishment of MTN programmes and notes. Mattias Friberg helms the group and is noted for his work consulting Nasdaq Stockholm on listing rules and related matters, alongside advising on private share placements. Carolina Wahlby works alongside him, bringing experience in leveraged finance and restructurings to the team. Khaled Talayhan is another key name within the group, with experience in compliance mandates.

Praxisleiter:

Mattias Friberg


Weitere Kernanwälte:

Carolina Wahlby; Khaled Talayhan


Kernmandanten

NYAB AB


NP3 Fastigheter AB


Vitec Software Group AB


Gruvaktiebolaget Viscaria


Byggmästare Anders J Ahlström Holding AB


Castlelake


Episurf Medical AB


Soltech Energy Sweden AB


OBOS


Bonnier Capital


Arctic Paper S.A.


Bonava AB


Meko AB


Highlight-Mandate


  • Advised Castlelake, L.P. on its investment and acquisition as part of a consortium for $1.2bn debt and equity investment in the reorganised Scandinavian Airlines (SAS AB), listed on Nasdaq Stockholm, implemented pursuant to a US Chapter 11 plan and Swedish reorganisation proceeding.
  • Advised construction company NYAB on its cross-border conversion re-domiciliation and simultaneous listing transfer from Finland to Sweden.
  • Advised real estate company NP3 Fastigheter AB, listed on Nasdaq Stockholm (Large Cap), on its SEK1bn directed issue and private placement of new ordinary shares and its related acquisition of real estate assets from closely related party Poularde AB against a consideration consisting of a mix of cash and newly issued preference shares.

Synch Law AB

The capital markets team at Synch Law AB supports clients in the green energy, digital media, and technology sectors, advising on rights issuances, private placements, and regulatory issues. Mattias Anjou leads the team, where he advises on a broad range of equity capital market mandates. Working alongside him is Andreas Börjesson, noted for his work on start-ups, seed funding projects, and buyouts.

Praxisleiter:

Mattias Anjou


Weitere Kernanwälte:

Andreas Börjesson


Referenzen

‘The Synch capital markets team is very user-friendly, accessible, and always available. They have good contacts with other law firms as well as regulators and other actors, which is a great facilitator in transactions.’

‘Mattias Anjou is a hands-on partner who uses his knowledge, experience and contacts within the industry to assist clients in a very effective manner. In particular, he uses his credibility with his opposite partners when two parties in a transaction need an in-between. Also, he has easy access to key regulators and can get informal guidance from them on how to approach unusual situations.’

Kernmandanten

AlzeCure Pharma AB


Attana AB


Cortus Energy AB


Goodbye Kansas Group AB (publ)


GRANGEX AB (publ)


KebNi AB (publ)


Ragnar Metals Limited


Slitevind AB


Tempest Security AB (publ)


Transfer Group AB (publ)


Tribox Group (formerly Triboron International AB)


Highlight-Mandate


  • Advising Cortus Energy AB (publ) on a rights issue project.
  • Advising Goodbye Kansas Group AB (publ) on capital markets matters.
  • Advising GRANGEX AB (publ) on capital markets matters.

TM & Partners

TM & Partners‘ capital market practice frequently advises clients on stock exchange listings, public takeovers and restructuring mandates. Key clients for the group include Nordic banks and financial advisers. Johan Wigh co-heads the team, specialising in equity capital markets as well as regulation work, while fellow co-head Jonas Hamala is noted for his work advising on IPOs and capital raisings.

Praxisleiter:

Johan Wigh; Jonas Hämälä


Weitere Kernanwälte:

Jacob Elovsson-Hultin; Hanna Hilgren


Referenzen

‘Johan Wigh and Jacob Elovsson-Hultin have been a crucial support in detail-oriented legal processes, making sure nothing is forgotten. They have also given proactive advice and ideas outside the specific questions and problems tasked for them to resolve.’

‘Johan Wigh is very competent and easy to work with, very available when we need him.’

‘Hands on. High availability. Solution-oriented. Good relationship with relevant regulatory authorities.’

Kernmandanten

Arla Plast AB (publ)


Arwidsro Investment AB


CDON AB (publ)


CombinedX AB (publ)


Färna Invest AB


Hoist Finance AB (publ)


Jetpak Top Holding AB (publ)


K33 AB (publ)


SaltX Technology Holding AB (publ)


Saxlund Group AB


SHT Smart High-Tech AB


Teqnion AB (publ)


Vivesto AB (publ)


Intea Fastigheter AB (publ)


NextCell Pharma AB


H100 Group AB


Opsy Holding AB


QBNK HOLDING AB (publ)


Highlight-Mandate


  • Advising Intea Fastigheter AB (publ) on the listing of the company’s Class B and Class D shares on Nasdaq Stockholm.
  • Advising Jetpak Top Holding AB (publ) on the mandatory cash offer from Pak Logistik Intressenter AB and the voluntary cash offer from Notalp Logistik AB for all shares in Jetpak.
  • Advising Intea Fastigheter AB (publ) in connection with its directed issue of Class B shares to a number of Swedish and international institutional investors.

Vinge Advokatfirman KB

Managing a range of complex, cross-border mandates, Vinge Advokatfirman KB‘s capital markets offering ranges from high-value ECM matters to novel debt transactions. The firm’s ECM offering includes high-profile IPOs and corporate governance work  as well as listing companies on Nasdaq Stockholm, advising listed companies, PE sponsors as well as investment firms and banks. Erik Sjöman co-leads the team, noted for his work on the recapitalisation of SAS. Working alongside is fellow co-head Jesper Schönbeck, who has expertise in complex IPOs and secondary offerings. Within the DCM space, the firm is frequently engaged by fintechs, blue-chip corporates and life science companies, advising on a range of matters including high-yield and green bonds, and handling securitisations in the domestic and international spheres. Mikael Ståhl is a notable name within the team, with experience advising on MTN, EMTN and UMTN programmes. Co-head Mikael Ståhl also has expertise in DCM, working on note issuances and structured finance matters. Anders Strid is another key contact at the firm.

Praxisleiter:

Jesper Schönbeck; Erik Sjöman; Anders Strid; Albert Wållgren


Weitere Kernanwälte:

Mikael Ståhl; Arvid Weimers; Nilufer Nouri; August Ahlin


Referenzen

‘The Vinge team is commercial and pragmatic. They are easy to work with. Uses best practices in proactively providing updates regarding their workstreams on a regular basis.’

‘Arvid Weimers is very service-minded and has strong experience from the debt capital markets.’

‘Nilufer Nouri was a great support in all administration and made sure all documents were duly signed and administered. She took control of the signing pace and made sure to follow up when needed. August Ahlin was helpful, clear and accessible. He had all the answers needed, and we never had any delays in his response. We felt strong confidence in their work! Arvid Wiemers was also very clear and easy to work with. All meetings felt efficient but well done, and we have great confidence in him and the team.’

Kernmandanten

Altor Fund III


Apotea AB


Axel Johnson AB


Boliden AB


Carasent


Cinclus Pharma Holding AB


Egetis Therapeutics


EQT AB


EQT IX


Mentimeter AB (publ)


Oncopeptides AB (publ)


Pandox


Re:newCell AB


Röko AB


Samhällsbyggnadsbolaget i Norden AB


Sveafastigheter AB


Svenska Handelsbanken AB (publ)


Tobii


Triton


Vimian Group AB


ABG Sundal Collier AB


EQT AB (publ)


Essity AB (publ)


Investor AB (publ)


Heart BidCo AB


Intrum AB (publ)


Marginalen Bank


Polar Structure AB


Pricer Aktiebolag (publ)


Qben Infra AB


Samhällsbyggnadsbolaget (SBB)


SBP Kredit AB


Skandinaviska Enskilda Banken AB (publ)


Stendörren Fastigheter AB


Svenska Handelsbanken AB (publ)


Swedbank AB (publ)


Highlight-Mandate


  • Advised Röko AB (publ) in connection with its listing on Nasdaq Stockholm.
  • Advised Apotea AB (publ) in connection with its listing on Nasdaq Stockholm.
  • Advised Svenska Handelsbanken AB and the other lead arrangers in relation to the annual update of Stadshypotek AB’s €20bn Euro Medium Term Covered Note Programme.

White & Case Advokat AB

White & Case Advokat AB’s Stockholm-based capital markets teams remain active on both the ECM and DCM sides, supporting international and domestic clients on a broad spectrum of matters. Johan Thiman leads the ECM practice, and is highly regarded for his work on high-value ECM transactions, working on multi-jurisdictional IPOs. Gustaf Wiklund is another key name within the ECM practice, recently working on dual listings and private placements. The group also regularly advises on MTN programmes, public M&A deals and rights issuances. The firm’s DCM offering includes assisting with a range of green and senior secured bonds. Michael Bark-Jones heads the DCM practice, leveraging extensive experience in high-yield and investment-grade bonds, alongside debt restructuring work. David Tayler works alongside him, noted for his expertise in public debt capital market issuances and liability management transactions.

Praxisleiter:

Michael Bark-Jones; Johan Thiman


Weitere Kernanwälte:

Gustaf Wiklund; David Tayler


Referenzen

‘Pragmatic and client-friendly approach delivered by a strong team.’

‘Johan Thiman is excellent in being knowledgeable, pragmatic and easy to work with.’

‘Great commitment to detailed issues along with high availability.’