Martin Järvengren

Partner, Stockholm

Biography

Overview

Martin is a partner in our Global Mergers & Acquisitions Practice. He is also a partner within our firm's Global FinTech team and a member of our Financial Services Regulatory team.

He represents banks, payment companies, fintechs, asset managers and technology companies on transactional and financial regulatory matters.

Martin's transactional practice focuses on a broad range of corporate transactions including cross-border acquisitions, disposals, capital raisings, joint ventures and restructurings and reorganisations.

His financial services regulatory practice focuses on advising on a wide range of financial regulatory matters, including licensing requirements, cross-border operations, governance matters, anti-money laundering and data privacy.

Bars and Courts
Sweden, Advokat
Education
LLM
University of Lund
School of Law
University of East Anglia
Languages
Swedish
English

Experience

Representation of Air France-KLM, a leading global airline, on the acquisition of a 19.9 percent non-controlling stake in the share capital of Scandinavia's leading airline Scandinavian Airlines (SAS AB). The transaction follows the receipt of regulatory approvals in Europe and the US and enables SAS AB to emerge from its Chapter 11 reorganization and its Swedish restructuring proceedings.

Representation of Adelis Equity Partners, a leading Nordic growth-focused private equity firm, on its investment in Hedvig, a fast growing Swedish insurer of home, accident, travel and car insurance, as the new controlling shareholder together with Skandinaviska Enskilda Banken AB (SEB) and Nicklas Storåkers as co-investors.

Representation of Dawn Capital, a business-to-business software-focused venture capital fund with assets under management of US$2 billion, as lead investor in a funding round of Brite Payments, a leading Swedish payments platform.

Representation of Vauban Infrastructure Partners on the 100 percent acquisition from Green Investment Group of Nordic Renewable Power Holding, a portfolio of three wind farms in Norway and Sweden with 40 wind turbines and an aggregated capacity of approximately 170MW.

Representation of the seller in the divestment of the Havsnäs 93.4 MW wind farm, located in Jämtland, Sweden, to FuGen.

Representation of Axel Johnson International, a leading global industrial group of 170 companies in 30 countries, on its acquisition of the majority stake in GMM, an Italian-based leading power transmission supplier.

Representation of Klarna, one of the worlds' largest banks and payment solutions providers, on:

  • its USD 800 million equity funding round, at a post-money valuation of 6.7 billion;
  • a range of cross-border regulatory matters;
  • its acquisition of HERO, an online retailer which brings the concept of in-person customer service to e-commerce;
  • its USD 650 million equity funding round, at a post-money valuation of USD 10.65 billion, which ranks Klarna as the highest-valued private fintech in Europe and the fourth highest globally; and
  • its acquisition of Moneymour Srl, an Italian payments company, from the founders and minority investors.

Representation of Tink, one of Europe's leading open banking software-as-a-service providers, on:

  • its sale to Visa for €1.7 billion.
  • its acquisition of Business Finance Technology Group Limited's (Openwrks) UK based open banking platform and business, including related customer contracts and IT infrastructure.
  • its acquisition of Instantor, a leading European provider of credit decision solutions based on account aggregation technology.

Representation of Swedish fintech Juni on its US$100 million Series B equity funding round.

Representation of Oatly on its US$10 billion IPO and Nasdaq New York listing on the Nasdaq Global Select Market.

Representation of Lime Technologies AB, a Sweden-based provider of digital products for customer care and sales, on its acquisition of Userlike UG, one of the leading providers of customer messaging solutions in Germany.

Representation of Carnegie Investment Bank AB, J.P. Morgan Securities plc and Citigroup Global Markets Limited, as joint global coordinators, and ABG Sundal Collier AB, Joh. Berenberg, Gossler & Co. KG, DNB Bank ASA, Sweden branch and Skandinaviska Enskilda Banken AB (publ), as joint bookrunners, on the SEK 10.378 billion IPO and Nasdaq Stockholm listing of Nordnet, a digital bank for savings and investments.

Representation of PayPal on its investment in Tink.

Representation of Svenska Handelsbanken AB (publ), a Swedish bank, on its landmark issuance of USD 1 billion AT1 Contingent Convertibles in two tranches of USD 500 million each at interest rates of 4.375% and 4.75% respectively.

Advised the Catella Group, a Sweden-based specialist in property investments and fund management with operations in 15 countries, on its agreement to sell 70 percent of the shares in Catella Fondförvaltning AB (Catella Fonder) to Athanase Industrial Partner.

Representation of Svenska Handelsbanken AB (publ), a Swedish bank, on the update of its USD 20 billion US medium term note (MTN) program and subsequent takedown of USD 1,250,000,000 0.625% Senior Preferred Notes.

Representation of Adelis Equity Partners, a private equity firm focused on middle market investments in the Nordic region, on its acquisition of Säkra, a company offering insurance brokerage and financial advisory.

Awards and Recognition

Individual Mention, Corporate, Commercial and M&A – Sweden, The Legal 500 2023