September 1, 2015 - Assignment

Northzone, Wellcome Trust and Wellington invest in Klarna

Klarna’s founders Sebastian Siemiatkowski, Niklas Adalberth and Victor Jacobsson have divested a portion of their shares in the company to Northzone, Wellcome Trust and Wellington in a private placement process run by Morgan Stanley. The purpose of the transaction was to finance the founders’ exercise of certain warrants and call options for shares in Klarna.

Klarna’s founders were advised by Mannheimer Swartling in the transaction. The firm’s team consisted primarily of Johan Frost Bergman, Michael Hurst, Fredrik Lundegårdh, Jon Rastad and Martin Sjölund (Funds and Investments / M&A), and Daniel Karlsson and Sara Ulriksen (Banking and Finance).