Johan Steen | White & Case LLP International Law Firm, Global Law Practice
Johan Steen
Johan Steen

Johan Steen

Partner, Stockholm

T +46 8 506 32 398

E [email protected]

Overview

Johan Steen is a Partner in White & Case's EMEA Private Equity Group where he focuses on advising financial investors and corporates acquiring from financial investors on cross-border M&A and restructuring matters (including distressed M&A).

Johan has lead teams advising on a majority of the high-profile deals in the Nordic region in recent years and he has, according to the leading M&A ranking institute Mergermarket, acted on more than 59 deals worth more than USD 38bn, which is one of the highest deal values ever recorded by a Nordic private M&A lawyer.

In 2017 he was ranked #1 in private M&A deal value in Sweden (after being the only advisor to have acted on the largest, 2nd largest and 3rd largest deal in Sweden); #1 in private equity deal volume in the Nordics and #6 in total deal volume in Europe.

Johan has also represented several Nordic and international GPs (buy-out, real estate, venture, deal-by-deal funds) and LPs in connection with fundraisings.

Recent acknowledgements includes being awarded as an Emerging Leader in the EMEA by The M&A Advisor and being recognized by the international subscription Private Fund Management as one of Thirty Under 40 private equity lawyers globally.

His prior experience includes acting as associate general counsel for one of the major Nordic private equity houses, Altor Equity Partners, which have given him unique insights into the mindset and investment thought process of a leading private equity investor.

Johan has an MBA (With distinction) from London Business School. He is a member of the Swedish Bar Association.

Bars and Courts

  • The Swedish Bar Association

Education

  • MBA (With Distinction), London Business School
  • LLM, Juris kandidat, University of Lund, Sweden
  • MSSc, Master of Social Science in Business and Administration, University of Lund

Languages

  • Swedish
  • English

Experience

Johan represented Ingenico Group, the global leader in seamless payments, on its €1.5 billion acquisition of Bambora, a fast-growing global player in the payments industry, from private equity firm Nordic Capital. The transaction is the largest transaction in Sweden so far in 2017.

Johan represented HgCapital Renewable Power Partners and its Swedish wind farm investment vehicle Vasa Vind in connection with APG's MUR 300 investment in the 288MW Åskalen onshore wind power project, which is the largest ever onshore wind power project in Sweden.

Johan represented FSN Capital on its acquisition of Holmbergs Safety System, a global market leader in child restraint harnesses for car seats and vehicle fastening systems.

Johan represented FSN Capital and its portfolio company Bygghemma on its acquisition of online Nordic retailer Furniturebox.

Johan represented Bridgepoint, the leading European private equity house, on the SEK8.5 billion (US$930 million) disposal of the Nordic Cinema Group, the largest cinema operator in the Nordic region, to AMC Entertainment (NYSE: AMC), the world's largest cinema operator.

Johan advised FSN Capital in connection with their investment in Bygghemma, the leading Nordic online retailer of do-it-yourself products (DIY) and home furnishings.

Johan represented Naspers in connection with their USD 1.2bn investment in Avito AB, one of the world's leading internet classifieds companies.

Johan advised FSN Capital in connection with their divestment of Tactel, a leading IT solution provider focused on advanced graphics and user experience in mobile and consumer electronic devices, to Panasonic Avionics.

Johan advised Lantmännen in connection with the merger of Lantmännen Agroenergi and Neova's wood pellets operations — a transaction which resulted in the formation of Sweden’s largest wood pellets group.

Johan advised EQT in connection the on-shore re-organization of the EQT funds.

Johan separately advised APG Asset Management and a blue-chip sovereign wealth fund in connection their respective investments in the real estate fund AREIM Fund II.

Johan advised FSN Capital in connection with their divestment of Alignment Systems, a global market leader in collision repair solutions, to Polaris Private Equity.

Johan advised FSN Capital in connection with their divestment of CTEK, a world leading manufacturer of advanced battery chargers, to Altor.

Johan acted as associate general counsel in connection with among others Altor's acquisition of Carnegie Investment Bank, a leading independent Nordic Investment Bank, and Max Matthiessen, a leading independent Swedish adviser within pension insurance, life insurance and long-term savings, from the Swedish National Debt Office.

Johan advised Carlsberg in their EUR 5bn acquisition of the remaining 50% stake in Baltic Beverage Holding, a leading Eastern European brewer with several breweries in Russia, Ukraine, the Baltic countries and Kazakhstan, from Heineken as a part of Carlsberg's and Heineken joint GBP 7.8bn buy-out of Scottish & Newcastle Plc.