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Eversheds Sutherland has advised the owners of Frilans Finans
- Sweden
18-01-2023
Eversheds Sutherland has advised the owners of Invoicery Int AB in connection with the entering into of an agreement to acquire all shares in the company to Spactvå AB (publ). The acquisition is expected to close in the first quarter of 2023.
Invoicery Int AB - operating in Sweden under the Frilans Finans brand - is the Nordic region's largest fintech service for self-employed workers with operations in Sweden, Norway, Finland, Denmark and France.
Invoicery's net sales in 2021 amounted to just over SEK 1.44 billion with an EBITDA of SEK 21.6 million. Spactvå is acquiring the shares in Invoicery at a market value of SEK 150 million, which will be financed with existing cash and through a new share issue.
For full details please see https://bit.ly/3kqAiHW
Eversheds Sutherland's team consisted of Jens André, Johan Engström, Victor Frejdig and Andreas Vestberg.
This information is for guidance purposes only and should not be regarded as a substitute for taking legal advice. Please refer to the full terms and conditions on our website.
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