Johan Thiman

Partner, Stockholm

Biography

Johan Thiman advises issuers and underwriters on IPOs. He also has experience of direct share issues and PIPE transactions. One client praises his “great technical skills” and constructive approach to the IPO process, describing him as “very service-minded and a very nice guy to deal with.”
Chambers

Overview

Johan Thiman is a partner in our Capital Markets group in Stockholm and focuses on equity capital markets and public M&A. He advises issuers, financial sponsors and underwriters on a broad range of international and domestic capital markets transactions. Johan also advises corporate clients on corporate governance and securities regulatory matters.

Bars and Courts
Swedish Bar
Education
LLM
Lund University
Sweden
BSc
Business Administration and Economics
Lund University
Sweden
Languages
English
Swedish

Experience

Representation of Ratos, a Swedish private equity firm, and Bonnier, the holding company for a corporate group made up of the Nordic region's leading media companies, on their divestment of Bisnode, a company offering support in the form of digital business, marketing and credit information, to Bisnode's partner Dun & Bradstreet for an approximate enterprise value of SEK 7.2 billion.

Representation of Svenska Handelsbanken AB (publ), a Swedish bank, on the update of its U.S.$20 billion US medium term note (MTN) program and subsequent takedown of U.S.$1,250,000,000 0.625% Senior Preferred Notes due 2023. 

Representation of Gaming Innovation Group, a cloud-based online gaming platform incorporated in Delaware and listed on the Oslo Stock Exchange, in connection with the dual listing of the company's shares on Nasdaq Stockholm.

Representation of ÅF on the recommended cash Tender Offer for all shares in Pöyry. ÅF and Pöyry have signed an agreement to combine the two companies to form a leading European engineering and consulting company.

Representation of European Entertainment Intressenter BidCo AB (EE Intressenter), a privately held investment company, on the public cash offer to the shareholders in Cherry AB, one of Scandinavia’s oldest gaming companies, to acquire all Cherry shares at a price of SEK 87 per share.

Representation of EQT, a leading global investment firm, on the public cash offer to the shareholders of Karo Pharma, a company that specializes in the sale and marketing of prescription pharmaceutical and over-the-counter products.

Representation of Arion Banki, a leading universal relationship bank in Iceland, and Kaupthing, an Icelandic bank, in connection with the IPO and dual-listing in Stockholm and Reykjavik of Arion Bank.

Representation of Projektengagemang, a Swedish technical engineering consultancy, and its founders in connection with the IPO and Nasdaq Stockholm listing of Projektengagemang.

Representation of DNB, Swedbank and Crédit Agricole, all financial services institutions, as placement agents in connection with the private placement of shares in Recipharm, a leading pharmaceutical contract development and manufacturing organisation.

Representation of Nomura, a global financial services firm, in connection with Zhejiang Geely's acquisition of Cevian Capital's entire shareholding in Volvo, the leading manufacturer of trucks and the largest listed company in Sweden.

Representation of Evercore, a global independent investment bank advisory firm, RBC, a multinational financial services company and SEB, a Swedish financial group, as the underwriters in connection with Hansa Medical's, a biopharmaceutical company, directed issue.

Representation of Carnegie, Danske Bank and Berenberg, all financial services institutions, as underwriters in connection with the SEK 1.6 billion IPO and Nasdaq Stockholm listing of Boozt, a leading on-line retailer.

Representation of Carnegie, Goldman Sachs, Danske Bank, Jefferies, Nordea and Swedbank, all financial services institutions, as underwriters in connection with the SEK 4.039 billion IPO and Nasdaq Stockholm listing of Munters, an energy efficient ait treatment manufacturer with over 50 years of experience.

Representation of SEB and Carnegie, both financial services institutions, as underwriters in connection with the SEK 968 million IPO and Nasdaq Stockholm listing of Instalco, a group of highly-specialized installers active in the construction sector.

Representation of SEB, Carnegie and DNB, all financial services institutions, as underwriters in connection with the SEK 968 million IPO and Nasdaq Stockholm listing of Actic Group, a chain of wellness centers, primarily based in Sweden.

Representation of ABG Sundal Collier, Carnegie and DNB, all financial services institutions, as underwriters in connection with the SEK 650 million IPO and Nasdaq Stockholm listing of Oncopeptides, a research and development stage pharmaceutical company developing drugs for treat of cancer.

Representation of Nordea, a financial services group, as the underwriter on the SEK 3.0 billion rights issue by Tele2, a telecommunications operator.

Representation of Carnegie, Nordea, SEB and DNB, all financial services institutions as underwriters in connection with the SEK 1.100 billion IPO and Nasdaq Stockholm listing of Academedia, an education provider with an offering spanning from pre-school to adult education across Sweden, Norway and Germany.

Representation of Scandinavian Tobacco Group, a manufacturer of cigars and traditional pipe tobacco, in connection with its IPO and Nasdaq Copenhagen listing.

Representation of Morgan Stanley, Deutsche Bank, Nordea and SEB, all financial services institiutions, as underwriters in connection the SEK 3.245 billion IPO and Nasdaq Stockholm listing of Bravida, a leading servicing and installation company in Nordics.

Representation of J.P. Morgan, SEB, Deutsche Bank and Carnegie, all financial services institutions, as underwriters in connection with the SEK 2.560 billion IPO and Nasdaq Stockholm listing of Capio, a company offering medical, surgical and psychiatric healthcare services through its hospital, specialist clinics and primary care in Europe.

Representation of Nordax and principal owner Vision Capital, an international investment group, in connection with the IPO and Nasdaq Stockholm of Nordax, a leading specialist bank in Northern Europe.

Representation of Nordea, UBS, DNB and SEB, all financial services institutions, as underwriters in connection with the SEK 2.550 billion IPO and Nasdaq Stockholm listing of Coor Service Management, a leading provider of facility management services in the Nordics.

Representation of EQT, a leading global investment firm, in connection with Geberit's, a Swiss multinational group in the field of sanitary products, public tender offer for Sanitec, a leading producer of bathroom ceramics in Europe.

Awards and Recognition

Capital Markets: Equity Chambers Global and Europe, 2019 and 2020