Applex represented Vincit Plc when Vincit entered into a co-operation agreement with Taksi Helsinki Oy concerning management and rendering of digital services to Taksi Helsinki. The purpose of the co-operation is to develop taxi dispatch services for the entire Finnish market and the co-operation is a part Vincit’s new strategy aiming towards more comprehensive service offering.
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Applex advised Millog Oy on its acquisition of Virve Tuotteet ja Palvelut Oy from Suomen Erillisverkot Oy. The transaction was completed on January 2, 2020.
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Applex Attorneys assisted Wirepas Oy in its EUR 14.9 million equity financing round, in which Inventure Investment Fund and Tesi from Finland, ETF Partners from the UK, KPN Ventures form the Netherlands, Vito Ventures from Germany and Karma Ventures from Estonia invested in Wirepas.
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Applex Attorneys advised sellers in the sale of shares in Kone-Yijälä Oy to Metsäkonepalvelu Oy. Kone-Yijälä Oy is a Finnish harvesting company established in 1993 by two brothers, Antti and Heikki Yijälä. The company is very well known in the logging field and Kone-Yijälä is widely acknowledged as a reliable brand.
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Applex Attorneys advised sellers in the sale of Model IT Oy to Crosskey Banking Solutions Ab Ltd, a subsidiary of Bank of Åland Plc (Ålandsbanken Abp).
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Applex assisted Tampere-based software company Bitwise Oy and its group company Wisehockey Oy in licensing Wisehockey hockey analytics platform for ice hockey league KHL.
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Applex advised AQ Group AB on its acquisition of Trafotek Oy (LTI Holding Oy) and its subsidiaries in Estonia, China and Brasil from Intera Fund I Ky and the other sellers. The transaction was completed on June 3, 2019 after approval from the Finnish and the Estonian competition authorities.
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The Helsinki Court of Appeal issued a judgment on 31 January 2019 in a broad financial crime case concerning aggravated dishonesty by a debtor, in which Applex Attorneys assisted the key complainants. The principal in the first degree, a well-known Finnish businessman living abroad, was sentenced to unconditional imprisonment for two years and six months.
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Applex represented Alte Oy, a subsidiary of ALTEN SA in the acquisition of Comiq Group Oy and its subsidiaries. The purchaser ALTEN SA (listed on Euronext Paris) is a global leader in technology consulting and engineering with over 28,000 employees located in 20 countries.
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Applex represented Insta Group Oy in its acquisition of the business of digital solutions expert Intopalo Oy. Insta Group is a Finnish, family-owned high-technology corporation focusing on digitalization, automation and management solutions. Insta has a strong presence in industrial automation, cyber security, defense technologies and emergency call center solutions.
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