Hannes Snellman Counsel to Vitec Software Group AB (publ) in its Refinancing and Extension of its Loan Facilities
29 June 2022
Hannes Snellman acted as counsel to Vitec Software Group AB (publ) in its refinancing and extension of its loan facilities from SEK 1,000 million to SEK 2,500 million from Nordea and SEB.
Vitec is a market leader for vertical market software in the Nordic region. It grows through acquisitions of well-managed and well-established software companies, and it has 1 050 employees based in Denmark, Finland, Norway, and Sweden. Vitec is listed on Nasdaq Stockholm and had net sales of SEK 1,571 million in 2021.
Hannes Snellman’s core team comprised of Fredrik Olsson, Maria Orrgard and Albert Danielsson.