Newsroom
Press Release
Press Release

White & Case Advises Joint Global Coordinators on Sitowise’s IPO and Nasdaq Helsinki Listing

Global law firm White & Case LLP has advised Carnegie Investment Bank AB and Danske Bank A/S, as joint global coordinators, on Sitowise Group Plc's €161 million initial public offering (IPO) and Nasdaq Helsinki listing.

Via the IPO Sitowise raised gross proceeds of approximately €75 million and Intera and certain other shareholders sold shares worth approximately €85 million.

Sitowise is a Finnish construction consulting company with more than 1,900 employees based in Finland, Sweden, Estonia and Latvia. The company was created in 2018 through a merger between Sito Oy and Wise Group Finland Oy.

The White & Case team in Helsinki which advised on the transaction was led by partners Mikko Hulkko and Petri Avikainen and included associates Jenni Nygård, Ben Tuiskula, Tommi Kolehmainen, Samuel Salmivirta.

Press contact
For more information please speak to your local media contact.