Swedish business law firm Cirio
was launched in January 2019 and is a spin-off from Lindahl’s Stockholm office.
Focusses / specialisms
The firm’s banking team has superlative experience within the real estate, project and acquisition financing fields. The firm is often active within the renewable energy and real estate sectors, acting for both borrowers and lenders.
The firm has a growing presence in capital markets, particularly equity, where it often acts on transactions with components in other Nordic countries and elsewhere around the world.
The M&A team regularly acts for both buyers and sellers across sectors such as life sciences, telecommunications, technology and real estate. The firm does work for international and domestic private equity clients on a consistent basis.
In the project development space, the firm is particularly strong within energy, and especially wind power where it is one of the leaders in Sweden.
Working alongside the banking team the firm’s restructuring and insolvency team covers mandates ranging from financial workouts and refinancing of distressed debts to bankruptcies.
Key clients
Among its clients are The Swedish National Debt Office, Nex Abide Trade Repository, Auto1 Group, ICA Gruppen, AB Sagax, Carnegie Investment Bank, ABG Sundal Collier, Karolinska Development, SaveLend Group, Torslanda Property Investment, Scandinavian Real Heart, Green Landscaping Group, Pareto Securities, SoftBank Vision Fund II, Kindred Group, Vestum, ICA Gruppen, Downing Renewables and Infrastructure Trust, Enercon, SEB Private Equity, Telia Company, Scandinavian Biogas Fuels International and Nalka Invest.
Research period review: 33rd edition (2023/2024)
During the research period the firm was active in all areas of corporate law and project development.
In banking and finance team at Cirio has advised both lenders and borrowers on deals in industries such as energy, consumer goods and services, and real estate.
In the capital markets sphere, the firm has been active on the equity side advising issuers mostly on public offerings rights issuances.
In project development it has attracted clients from various industries, most notably in the energy and utilities sectors.
In terms of restructuring and insolvency work the firm advised clients in industries, such as retail, food and beverages, and manufacturing.
Deal highlights: 33rd edition (2023/2024)
Karolinska Development $51 million rights issue
Markbygden 4,000 MW windfarm
Client feedback: 33rd edition (2023/2024)
Capital markets
"Extremely experienced in capital markets regulations and always swift answers."
"Well aware of the business, knowledge about the deal and came with valuable input regarding the structure."
Financial services regulatory
"Good market knowledge, good understanding about our business, very responsive."
Insolvency
"Very much on the point, proactive."
"Extensive experience in insolvency and reconstruction matters."
"Skilled, communicative, service-minded."
"Administrator with a pragmatic approach, which creates values for all creditors involved."
"They have an excellent team, are fast to respond, give good legal advice with the relevant business approach in mind and at a reasonable cost level all taken into account"
M&A
"Professional, fast, reliable and engaged."
Project development
"The are very knowledgeable and proactive in the way of supporting."
Annika Andersson
"Always available and extremely competent within the field of capital markets."
Lars-Henrik Andersson
"Very responsive, innovative, great personality to work with."
"Extensive experience in insolvency and restructuring matters."
"Always available and interested in solving problems."
"He is a very competent, experienced and pleasant person to work with. He is business-orientated and practical when solving complex legal issues."
Karl Björlin
"Very skilled, easygoing, theoretically skilled."
Per Hedman
"Positive, professional and engaged."
Daniel Lander
"Very responsive, pragmatic, hands-on, solution-orientated and customer-focused."
Jörgen Möller
"Extremely knowledgeable in both the business and the legal aspects."
