News & Views

Hannes Snellman Counsel to Vitec Software Group AB (publ) in its Refinancing and Extension of its Loan Facility

2 October 2020

Hannes Snellman acted as counsel to Vitec Software Group AB (publ) in its refinancing and extension of its loan facility of SEK 1,000 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 830 employees based in Denmark, Finland, Norway, and Sweden. Vitec is listed on Nasdaq Stockholm and had net sales of SEK 1,156 million in 2019.

Hannes Snellman's core team included Fredrik Olsson, Maria Orrgard, and Rezan Akkurt.