International firms expand to Stockholm

Riverside opens in Sweden

Riverside opened its Stockholm branch earlier this year and will launch its new offices in October. The firm made two investments in Sweden this summer, SPX Air Filtration and MekoTeknik, and is looking to investigate approximately 200 opportunities across the Nordic region over the next 12 months. The aim is to complete another one or two deals. "Despite the difficult market conditions, we believe that the deal flow in the region is still good and of high quality. Furthermore, management teams are highly capable, internationally-oriented and growth-focused - something we like at Riverside," partner Thomas Blomqvist explains.

Blomqvist is responsible for the GP's investments in the Nordic region and works in the Stockholm office together with Lars Eriksson who is heading the deal origination in the region. Over the next 24 months, Riverside plans to build a team of another two to three people. The visiting address will be Blasieholmsgatan 4A, Stockholm.

Hannes Snellman expands

International law firm Hannes Snellman has expanded its operations to Stockholm. The aim is to provide pan-Nordic legal services in the field of transactions and conflict management.

Six Swedish lawyers have already joined the office: Partner Fredrik von Baumgarten and Sara Mindus, both from Vinge; partners Soren Lindstrom, Richard Akerman and Jan Jensen from Setterwalls; and partner Martin Wallin from Linklaters. All six join as partners and von Baumgarten takes the role of managing partner. The firm plans to recruit a further 30-40 lawyers in the near future.

Hannes Snellman currently has offices in Helsinki, Moscow, St Petersburg, Kiev, Beijing, Shanghai and now Stockholm. Established in 1909, it is Finland's largest law firm.

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