See some of our latest references below.
Padel Club Finland
We advised the founders and owners of Padel Sports Oy in the sale of their shares to Triton, an investment firm focusing on companies with the potential to create sustainable, long-term value through changing economic cycles.
Padel Sports was founded in 2016 and it is the first Finnish padel company. It operates the Padel Club Finland club chain and currently offers playing opportunities at 11 clubs and 56 courts across Finland with an objective of strong growth by increasing its courts in Finland significantly.
The acquisition was a part of Triton’s establishment of LeDap, an international group of padel companies with an aim to become the world’s leading platform of the sport of padel and a vision to actively contribute to making padel an Olympic sport.
We acted as administrator in the restructuring proceedings of SuperPark Oy. The restructuring programme was approved in advance by more than 90% of the creditors and the District Court of Oulu approved the restructuring programme expeditedly as stipulated in Section 92 of the Finnish Restructuring of Enterprises Act (fi: nopea saneerausohjelman vahvistaminen).
Banking & Finance
We advised the senior lenders in the acquisition of the HopLop Group by CapMan Special Situations. HopLop is a Finnish indoor adventure park company with multiple parks throughout Finland.
We advised Novosan Ltd in different contractual dispute resolution matters as well as in ownership restructuring and other general contractual and commercial matters.
Trade Creditors of Stockmann Plc
We assisted certain trade creditors of Stockmann Plc in establishing a private fund in form of a limited liability company. The fund administrated and carried out conversion of restructuring receivables in accordance with Stockmann Plc’s restructuring programme on behalf of the participating trade creditors. The fund continues to manage the assets for the participants.
North Wall Capital
We facilitated the sale of a significant amount of Stockmann Plc’s restructuring debt from individual trade creditors to North Wall Capital, a London based investment firm.
Vantaa Catering Services Oy
We acted as administrator in the restructuring proceedings of Vantaa Catering Services Oy. The restructuring programme was approved in advance by more than 86% of the creditors and the District Court of Länsi-Uusimaa approved the restructuring programme expeditedly as stipulated in Section 92 of the Finnish Restructuring of Enterprises Act (fi: nopea saneerausohjelman vahvistaminen).