Vinge has represented the international private equity firm Cinven in connection with its acquisition of the Säkra group (“Säkra”).

Säkra, with about 350 insurance professionals across 60 offices throughout Sweden, provides tailor-made insurance solutions, occupational pension plans and advisory services, and is one of the leading insurance intermediaries in Sweden. The acquisition of Säkra marks the fourth investment from Cinven’s inaugural Strategic Financials Fund (‘SFF’).

The SFF builds on Cinven’s leading financial services investment platform in Europe with an investment strategy focused on areas where Cinven has developed significant investment expertise, such as life and non-life insurance and reinsurance, asset-backed speciality finance, wealth management, insurance distributors and other ‘capital light’ tech-enabled financial service providers.

The acquisition is subject to approvals from the Swedish Financial Supervisory Authority and the Swedish Competition Authority.

Vinge's team consisted mainly of Christina Kokko, Samra Baytar, Carl Fredrik Wachtmeister and Robin Fagerström (M&A), Viveka Classon and Fabian Ekeblad (Corporate Insurance), Emma Stuart-Beck, Caroline Krassén, Henrik Schön and David Flodin (Financial Services), Hedvig Ekdahl (Commercial Agreements), Kristoffer Larsson (Real Estate), Louise Brorsson Salomon, Kamyar Najmi and Ellen Flygt (Banking and Finance), Rebecka Målquist (IP), Nicklas Thorgerzon (IT and GDPR) Sara Strandberg (Employment), David Olander and Victoria Fredén (ECR), and Emy Rydén (project assistant).

 

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