Nordhaven advised Swedish Svalner Group to create the leading Nordic independent advisory firm through joining forces with Alder

12 apr 2024

Nordhaven advised Svalner Group in a Nordic white-collar business services consolidation transaction. After joining forces with Alder in Finland, Svalner Group, with some 175 professionals, became the leading independent tax and transaction services advisory company in the Nordics.

Svalner Group is a fast-growing Sweden-based advisory group within the different areas of tax advisory and transaction services. It aims to grow significantly in the coming years in its existing and adjacent advisory segments and geographical regions, both organically and through acquisitions. The industry is non-cyclical and has attractive fundamental long term growth drivers such as increasing complexity and internationalisation as well as the growing need for independent advisory.

"Nordhaven's assistance was crucial in both finding the best market entry into Finland, and advising us in the transaction. This is an important step in implementing our strategy to create the leading independent Nordic advisory services group. Kicking off operations in Finland and Sweden, two countries with shared history and strong cultural and economic ties, the group will seek to expand its reach across the Nordics and potentially into other parts of Europe." says CEO Viktor Sandberg.

"We are delighted to have assisted Svalner in this market entry transaction, and equally pleased to witness the emergence of a new international advisory group that also caters to our own client base. We strongly believe that there will be much more consolidation in white-collar professional services across a range of business sectors." says Ari Leppänen, responsible partner for the project.

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