Announced
Completed
Synopsis
Dansk Ejerkapital, a private equity fund, completed the acquisition of TestaViva, a legal-tech company that offers legal documents and related legal advice through its digital platform, from Arbejders Landsbank, financial and banking services company, Nordea Bank, a European financial services group, Topdanmark, insurance company, and Kring Ventures, a venture studio and fund. Financial terms were not disclosed. "I am pleased that we have found a new responsible and active owner in the form of Dansk Ejerkapital, which has a long history of driving successful growth journeys for Danish SMEs. At the same time, the current management has also chosen to buy in, which ensures the necessary continuity that makes it possible to maintain the ongoing momentum," Ulrik Johannessen, Nordea Director of Private Customers.
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