Equity Capital Markets

Equity Capital Markets

Equity capital markets issues call for a reliable, skilled and innovative partner. We regularly advise issuers and manager banks in share and rights issues as well as in listings on the Helsinki Stock Exchange’s main list and First North.

We will coordinate the drafting of the prospectus, handle the due diligence review and support your company in fulfilling its IPO and listing obligations. Several of our lawyers also have a degree in finance, which enables us to make the drafting process easy and smooth both for the issuer and the manager.

As our client, you will also benefit from our efficient project management and processes, our excellent contacts with the authorities and our experience and expertise relating to the book-entry system.

We also have experience and expertise relating to listing on markets outside of Finland. We participate actively in drafting market regulation and model documentation. We have participated in the drafting of the Issuer’s Handbook published by the Finnish Foundation for Share Promotion since 2012, when Nasdaq First North started operating in Helsinki. Latest edition of the Issuer’s Handbook (for a MTF) was published in August 2022. In addition, we have assisted the Finnish Foundation for Share Promotion in the preparation Issuer’s Handbook aimed for the main list of the Helsinki Stock Exchange.

  • Drafting prospectuses and releases for the company’s approval
  • Planning and implementation of the due diligence review of the listing company or issuer
  • Support in corporate governance
  • Corporate law decisions and registrations
  • Reporting and disclosure obligations
  • Legal opinions
  • Advice relating to the book-entry system
  • Private placement exemptions
  • Fulfilment of obligations of listed companies
  • International securities offerings 

We represent both companies and manager banks in Finnish and international share issues and listings.

The Legal 500, IFLR1000, Chambers Europe and Chambers Global rank our services among Finland’s best.

Latest references

We advised Efima Oyj on the sale of its AI business to Better Care Technologies Oy. The transaction included Efima’s Moiva AI platform developed for the care sector, the related technology and brand, customer contracts, and the experts working in the business. Efima is a Finnish digital company that supports the sustainable growth of large and mid-sized companies by streamlining their business processes and by creating competitive advantage through the innovative use of artificial intelligence and data. The company has nearly 200 experts based in Helsinki and Tampere. 
Case published 21.9.2026
We advised Neoen Renewables Finland Oy, part of the French Neoen Group, in its sale of a data centre project to a consortium consisting of international data centre developers and operators. This marked Neoen’s first data centre development project in Finland. Founded in 2008, Neoen is one of the world’s leading independent renewable energy producers. The company operates in 15 countries. It develops, finances, builds, owns, and operates solar power plants, wind farms, and battery storage systems. Neoen Group is owned by global alternative asset manager Brookfield Corporation.
Case published 17.9.2026
We advised Jolt Capital and Tesi in connection with their investment in VEV, a leading provider of commercial fleet electrification solutions. The investment, led by Jolt Capital with Tesi as co-investor, will support VEV’s next phase of growth and expansion across Europe. As part of the transaction, VEV became an independent company following the acquisition of Vitol’s stake in the business. Founded by Vitol, VEV provides integrated fleet electrification solutions combining fleet strategy, charging infrastructure, energy supply and operational services. Through its VEV IQ platform, the company supports more than 6,000 commercial electric vehicles across Europe and has been deployed across more than 600 sites spanning the transport, logistics and waste sectors. Jolt Capital is a private equity firm focused on growth investments in European deeptech companies. Tesi is a Finnish state-owned investment company that promotes Finnish business and economic growth through investments. We advised Jolt Capital and Tesi on the equity financing and structuring aspects of the transaction. International law firm Goodwin advised the investors on the acquisition of VEV.
Case published 10.9.2026
VR-Group Plc is a transport and logistics group owned by the Finnish State, operating passenger and freight rail transport in Finland with activities also in the Swedish market. VR Group provides passenger, logistics and maintenance services with over 160 years’ experience in developing responsible transport of the future. We advise VR Group in intellectual property matters as part of the company’s wider brand protection efforts. Our assignments have included advice on copyright, design rights and trademarks, focusing on the protection of the company’s visual identity – including its distinctive green colour – in connection with transport services as part of a comprehensive IP protection strategy. VR Group’s consistent brand building has also received recognition, including the Finland Chamber of Commerce’s Brand of the Year award in 2026. In the competition, brands were viewed comprehensively from various perspectives, including their story, strategic role, brand renewal ability and intellectual property protection. The jury found that VR had understood the importance of the protection of its brand as part of a comprehensive business strategy. 
Case published 9.9.2026