Home Selected ReferencesHannes Snellman Advised DevCo Partners in EUR 521 Million Continuation Fund Transaction Supporting Next Growth Phase of Vexve 30/06/2025 | Private Equity & Financial Sponsors Hannes Snellman Advised DevCo Partners in EUR 521 Million Continuation Fund Transaction Supporting Next Growth Phase of Vexve Main Contacts Thomas Landell Partner thomas.landell@hannessnellman.com +358 40 777 1600 Henri Ruotsalainen Counsel henri.ruotsalainen@hannessnellman.com +358 40 842 3687 Emmi Kantola Managing Associate emmi.kantola@hannessnellman.com +358 40 086 5252 Hannes Snellman advised DevCo Partners in EUR 521 million single-asset continuation fund transaction to support the next growth chapter of Vexve, a European leader in mission-critical valve solutions for energy infrastructure. The transaction provides DevCo with significant additional capital for the continued support of the long-term growth of Vexve within the accelerating energy transition space. The continuation fund attracted significant new international capital with Pantheon, a global private market specialist backed by European and North American institutional investors and family offices, acting as the lead investor. In addition, existing Vexve investors, including Finnish institutional investors and family offices, provided strong support for the transaction. Hannes Snellman’s core advisory team comprised Thomas Landell, Henri Ruotsalainen, Emmi Kantola, Noora Christiansen, Sofia Oesch, Julia Tabell, Johan Kontio and Erik Stenman (Private Equity), Heikki Vesikansa, Piia Ahonen, Stefan Stellato, Isabella Kartila, Sofia Ropo and Kerttu Kaksonen (Tax), Annika Sillanpää (Employment) as well as Markus Bremer, Pauliina Sutinen, and Emma Ahonen (Finance). Main Contacts Thomas Landell Partner thomas.landell@hannessnellman.com +358 40 777 1600 Henri Ruotsalainen Counsel henri.ruotsalainen@hannessnellman.com +358 40 842 3687 Emmi Kantola Managing Associate emmi.kantola@hannessnellman.com +358 40 086 5252