Recent work | February 2, 2024

Roschier represented Matrix 42, a portfolio company of Corten Capital, in the EUR 100 million recommended cash tender offer for all shares and stock options in Efecte

On 18 January 2024, Matrix 42, a portfolio company of Corten Capital acting through European 24 Bidco, announced a voluntary recommended public cash tender offer for all the outstanding shares and stock options in Efecte.

The tender offer valued Efecte’s total equity at EUR 100 million. Efecte’s shares are listed on First North Growth Market Finland maintained by Nasdaq Helsinki.

Roschier represented European 24 Bidco. Corten Capital is a specialist investment firm that partners with entrepreneurial management teams to build market leading, B2B software, services and information companies across Europe and North America.

The tender offer is expected to be completed in the first or the second quarter of 2024.

Roschier’s core advisory team comprised Antti Ihamuotila, Petri Avikainen, Nina Koivisto, Robert Holmberg, Hanna Sumentola, Samuli Järnroos, Johannes Ahti, Mattias Brännkärr, Ami Paanajärvi, Sari Rasinkangas, Hanna-Mari Immonen and Mira Ahonen.