Hannes Snellman Counsel to IK Partners in Its Investment in Sitevision AB
29 March 2022
Hannes Snellman acted as counsel to the IK Small Cap III Fund (“IK”) in its investment in Sitevision AB (“Sitevision”), a leading Swedish content management system (“CMS”) and intranet solution provider. IK is investing from its dedicated pool of development capital and is acquiring its stake from the founders Anders Korsvall, Karl Eklöf, and Niclas Hedlund, all of whom will be reinvesting alongside IK and will remain majority owners.
Sitevision was founded in 2002 in Örebro, where its headquarters remain. Today, Sitevision has grown into one of the leading CMS and intranet providers in Sweden and has local sales presence in Stockholm, Gothenburg, and more recently Oslo, as part of its strategic expansion into Norway.
Read more about the transaction here.
Hannes Snellman’s core advisory team comprised Johanna Wärnberg, Miklos Kovacs Kal, Douglas Essehorn, and Nadine Lågland (Private M&A), Fredrik Olsson, Albert Danielsson, and Oscar Bengtsson (Finance), Lisa Pålsson (Employment), and Olof Östman (IP & Tech).