Growth Companies

Growth Companies

When a startup is growing into a scaleup and seeks to enter the international market, the strong growth phase will bring new challenges: how to ensure personnel resources, protect IP rights and ensure proper corporate governance and sufficient financing and cash flow.

We speak your language. We have a long-standing experience in working with founder-led and venture-backed companies and continuously support growth and technology companies in reaching their goals. We offer comprehensive legal advice for growth companies from seed-stage startups to mature scaleups and act as their strategic partner in fundraisings, M&A transactions and exit scenarios.

We walk with you as you grow and scale up our offering to meet your own growth path and the resources of your team. You will find just the right legal experts at our firm to meet your evolving legal needs. We advise on issues related to venture and growth capital, corporate governance, incentive plans, employment law, technology law and IP protection as well as tax and related structuring. Our clients include numerous startups and scaleups across different industries, and we have a particularly strong track record of assisting growth companies in the technology, energy, food, health technology and life science sector.

No matter how big or small, together with our international network we are able to quickly set up a cross-border deal team for any corporate transaction requiring legal support in multiple jurisdictions. Our international experience makes us a perfect partner for companies raising capital from international investors or aspiring to execute a cross-border M&A transaction or IPO. We have established long-term partnerships with Finnish and international investors, and collaborate with international law firms, financial advisors, and investment banks on an ongoing basis.

Our services include

  • Financing rounds
  • Corporate governance
  • Option programmes and share-based incentive schemes
  • IP protection
  • Tax
  • Employment law advice
  • M&A
  • Exit strategies and IPOs

Latest references

CapMan Growth – Investment in Kuntokeskus Liikku
We are assisting CapMan Growth in its significant investment in Kuntokeskus Liikku, a Finnish gym chain known for its high-quality self-service facilities and excellent value for money. The investment will further strengthen Liikku’s position as a market leader and support the continued execution of its growth strategy. Liikku is one of Finland’s leading fitness chains, with more than 70 locations across the country serving nearly 90,000 members. The company’s concept is to offer high-quality self-service gyms at an exceptionally competitive price point which, combined with strong operational efficiency, provides a solid foundation for profitable growth. The company’s main shareholder is COR Group, a long-time partner of CapMan Growth, and a Finnish health and wellness conglomerate known for active ownership and long-term value creation. CapMan Growth is a leading Finnish growth investor that makes significant investments in entrepreneur-led growth companies with a turnover of €10–200 million. CapMan Growth is part of CapMan, which is a leading Nordic private equity investor engaged in active value creation work. CapMan has been listed on the Helsinki Stock Exchange since 2001.
Case published 27.2.2026
Readpeak – Capital Investment
We advised Readpeak in an arrangement where Finnish growth fund Voland Partners made an investment in Readpeak. Readpeak is a service platform specialising in native advertising for purchasing, designing, and targeting the distribution of advertising space. Readpeak has quickly risen to a leading position with its platform solution, which enables an easy way to target and schedule communications as part of the news feed on media sites. Readpeak is a company founded in Helsinki in 2014, which has since expanded to nine European market areas and collaborates with over a thousand publishers. Readpeak redefines content-driven advertising using advanced machine learning models, creating added value for both quality media and journalism. Voland Partners is a minority investor specialising in the development of technology companies, with a mission to work together with entrepreneurs to build successful companies responsibly, creating success stories that benefit the entire society. Readpeak is Voland Partners’ sixth investment target, into which the fund company is investing from its first growth fund of 57 million euros.
Case published 10.4.2025
Castren & Snellman Ebrands funding round
eBrands – Funding round
We assisted eBrands Holdings Oy in its latest funding round, during which the company raised 7.5 million euros. The new funding brings the company’s total raised capital to 50 million euros. The latest funding round was mainly led by the family investment company Veikko Laine, Varma Pension Fund, and operational shareholders. The funding will be used to develop eBrands’ AI-based Apollo market growth tool, which helps brands expand into sixty different markets and sales channels without local infrastructure or heavy investments. eBrands is an export platform that grows consumer brands globally through e-commerce and major retail channels. Specializing in the US and European markets, eBrands enables brands to internationalize with an export service model that reduces the risk and complexity associated with expansion by leveraging advanced technology. Founded in 2020, the Helsinki-based company’s team includes 75 people, and the company’s revenue exceeds 35 million euros.
Case published 11.3.2025
Vapaus Bikes Finland – Series A funding round
We represented Vapaus Bikes Finland Oy, a company offering employee benefit bikes, in its international EUR 10 million Series A funding round. The investors behind the funding are private equity investors Shift4Good and Superhero Capital Ltd as well as Tesi together with the European Guarantee Fund of the European Investment Bank. The equity-based funding will support the company’s international expansion, software development, platform automation, and the growth of its concept for the second-hand market of bikes. Vapaus Bikes Finland is at the forefront of sustainable mobility services and has been a pioneer in the Employee Benefit Bikes sector since late 2020. It has been ranked among Finland’s fastest growing companies. Shift4Good is an impact venture capital fund focused on the decarbonisation of the transportation sector. Tesi (officially Finnish Industry Investment Ltd) is a state-owned, market-driven investment company that invests in venture capital and private equity funds and directly in Finnish startups and growth companies.
Case published 21.8.2024
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