Linklaters advises Goldman Sachs on acquisition of majority stake in Advania AB

Linklaters has advised Goldman Sachs MBD on debt financing for the acquisition of a majority stake in Advania - a leading IT-provider in Northern Europe.

Advania is a Nordic IT corporation, operating in 27 locations in Sweden, Iceland, Norway, Finland and Denmark. The firm traces its roots to 1939 when an Icelandic entrepreneur founded an office equipment repair workshop in Reykjavik.

Advania today has a turnover in excess of SEK5bn, having delivered in excess of 20% growth each of the last five years. The company has 1,400 employees across 27 locations in five countries.

Debt financing was underwritten and provided by KKR and Nordea.

The Linklaters team was led by Tom Waller (Partner) and supported by Brad Pawlak (Managing Associate) and James Ashcroft (Associate).