White & Case Advises Momentum Software on IPO on Nasdaq First North Growth Market
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Global law firm White & Case LLP has advised software as a service (SaaS) company Momentum Software Group AB (publ) on its initial public offering (IPO) on Nasdaq First North Growth Market.
Momentum is a SaaS company that offers cloud-based property systems to Swedish property owners and managers. In 2020, Momentum had approximately 10,000 real estate company users and more than one million tenants and housing applicants who used its solutions.
The Offer is executed at a fixed price of SEK 61 per share, corresponding to a market value for the Company's shares of approximately SEK 1 billion.
The White & Case in team Stockholm which advised on the transaction was led by partners Patrik Erblad and Johan Thiman and included associates David Riihonen, Karl Nordlin, Christian Meijling and Monica Ericson.
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