Krogerus advises Sponsor Capital and other shareholders on VIA equity's growth investment in Saarni Cloud

Krogerus advised Sponsor Capital and other shareholders on VIA equity's growth investment in Saarni Cloud, a Finnish software group and SaaS pioneer. As part of the investment, Danish private equity firm VIA equity will acquire a minority stake in Saarni Cloud. Saarni Cloud’s existing investor, Sponsor Capital, will also continue as an active shareholder.

Saarni Cloud has also entered into a strategic partnership with VIA equity. With VIA equity’s new support, Saarni Cloud will continue its successful growth strategy and international expansion efforts. Saarni Cloud offers its clients one of the most comprehensive service portfolios on the market, including personnel management, learning, time tracking, financial management, and analytics solutions. These services are used by nearly half a million users across more than 1,500 customer organizations in Finland and Northern Europe.

The Krogerus team was led by Partners Marcus Möller and Antti Luhtala. They were primarily assisted by Associates Niclas Ruotsalainen, Thelma Krankkala, Henrik Lyytikäinen and Tuuli Merikallio. Partners Samu Lassila and Ritva Aalto advised on tax matters and they were assisted by Senior Associate Jemiina Pohja. Partner Kalle Hynönen advised on matters related to technology, data protection and intellectual property, and he was assisted by Associates Maria Lilius and Riku Toivio and IP Specialist Maria Lahdenranta. Partner Simo Autio advised on regulatory matters and he was assisted by Senior Associate Essi Miettinen and Associate Maria Hirvelä. Senior Associate Jenna Hallikainen and Associate Elmeri Simpanen advised on employment matters.