Kaleva Media and Ilkka to Merge Media Operations in Strategic Share Exchange

Competition Law | Employment | IP & Data | M&A | Tax
M&A

We support clients in navigating share exchanges and other complex corporate transactions with confidence.

Ilkka and Kaleva have today signed a share exchange agreement, under which the companies will merge their media businesses. The corporate arrangement will be carried out as a share exchange, whereby Ilkka Oyj’s subsidiary, I-Mediat Oy, will be fully transferred to the ownership of Kaleva365 Oy. As a result of the arrangement, Ilkka Oyj will own 35% of Kaleva365 Oy, while Kaleva Oy will own the remaining 65%.

The merger aims to strengthen regional media and ensure the continuity of reliable, high-quality, and independent regional journalism. The arrangement also enables sufficient investment in the development of digital media.

“It was a pleasure to advise on a transaction that strengthens the position of regional media in Finland and creates a solid foundation for developing journalistic content in the digital landscape. This arrangement demonstrates how collaboration can lead to sustainable and competitive solutions in an evolving media environment.”
Kirsi Karvonen, Partner

The legal advisory was led by Partner Kirsi Karvonen, supported by Partners Kaija Pulkkinen (Employment Law) and Olli Hyvönen (Competition Law), Specialist Counsel Tiina Koivisto, Associates Alex Niva (Competition Law) and Josefina Lind (Employment Law), and Senior Legal Trainee Joona Eriksson.

Read more in the official stock exchange release.

We support clients in navigating share exchanges and other complex corporate transactions with confidence.

Key contacts

Kirsi Karvonen

Kirsi Karvonen

Kirsi Karvonen advises clients primarily on M&A and corporate transactions, including asset transfers, share exchanges, mergers, and demergers. Over the course of her career, she has been involved in hundreds of diverse transactions and corporate arrangements. Kirsi also has extensive experience in private equity investments and has advised numerous private equity funds.


The materials on the Eversheds Sutherland website are for general information purposes only and do not constitute legal advice. While reasonable care is taken to ensure accuracy, the materials may not reflect the most current legal developments. Eversheds Sutherland disclaims liability for actions taken based on the materials. Always consult a qualified lawyer for specific legal matters. To view the full disclaimer, see our Terms and Conditions or Disclaimer section in the footer.


Hartwall Capital Fuels Linkity’s Growth in Payroll and Workforce Management

Employment | IP & Data | M&A
Buy side
Data & Tech
M&A
Saas

🚀 Thinking About Growth Financing?

Let’s Talk.

Whether you’re securing investment, expanding operations, or restructuring ownership, our team helps you navigate complex transactions with confidence.

Our team, led by Partner Antti Husa, acted as legal advisor to Linkity Oy and its shareholders in a transaction that strengthens the company’s ownership structure through growth financing from Hartwall Capital. With this investment, Hartwall Capital becomes a significant shareholder, providing the resources to accelerate Linkity’s expansion.

Linkity Oy is a leading Finnish SaaS company revolutionizing payroll and workforce management with automation solutions for shift planning, time tracking, collective agreement (TES) interpretations, and payroll processing. Having grown at over 50% annually, Linkity is now poised for even faster expansion with the support of Hartwall Capital.

Antti-Pekka Vepsäläinen, Co-founder and CEO of Linkity Oy:
“Our long-standing collaboration with Eversheds Sutherland enabled highly smooth and dynamic process management. Their team’s strong experience and deep understanding of the unique characteristics of the SaaS business played a key role in efficiently executing the transaction alongside other advisors.”

Antti Husa, Partner at Eversheds Sutherland:
“It has been a pleasure to follow Linkity’s business development as an advisor for several years. The collaboration during this transaction was intense but always conducted with mutual respect among all parties involved. I believe that Linkity’s shareholders have gained an excellent ownership partner in Hartwall Capital, and with the agreed growth financing, the company is well-positioned to take its organization to the next level while continuing to expand and develop its industry-leading product.”

The transaction team, in addition to Antti, included Senior Associates Linda StenrothLavinia Husa, and Petra Snäll, as well as Specialist Counsel Tiina Koivisto.

Read more on Linkity website (in Finnish).

🚀 Thinking About Growth Financing?

Let’s Talk.

Whether you’re securing investment, expanding operations, or restructuring ownership, our team helps you navigate complex transactions with confidence.

Key contacts

Antti Husa

Antti Husa

Antti Husa has been involved in over a hundred different corporate arrangements, ranging from assisting seed rounds of growth companies to IPOs. He actively serves as an advisor to both sellers and buyers in corporate transactions, and he also participates in the board work of several client companies as a board expert member and secretary.

Expertise includes
Private M&A
Venture Capital Transactions
Corporate and company law
Commercial agreements
Restructuring and Insolvency


The materials on the Eversheds Sutherland website are for general information purposes only and do not constitute legal advice. While reasonable care is taken to ensure accuracy, the materials may not reflect the most current legal developments. Eversheds Sutherland disclaims liability for actions taken based on the materials. Always consult a qualified lawyer for specific legal matters. To view the full disclaimer, see our Terms and Conditions or Disclaimer section in the footer.


PLC-Automation Joins the Expanding Technology Company Insta

Dispute Resolution | Employment | M&A
Buy side
M&A

We acted as legal and financial advisor to Insta Group in its acquisition of the entire capital stock of PLC-Automation Oy. This acquisition strengthens joint growth and the development of specialized expertise, enabling a customer-centric approach to better meet the growing and diversifying needs of industrial clients in electrical automation and digitalization.

Jouni Huotari, CEO of PLC-Automation Oy, commented:
Eversheds acted as Insta’s advisor, but even as the sellers’ representative, I always received clear, consistent, and prompt answers from Eversheds to any questions I had relating to the transaction or its implementation.

Insta Group Oy is a Finnish family-owned company specializing in industrial automation, industrial digitalization, cybersecurity, and defense technology.

PLC-Automation Oy, based in Oulu, is an engineering service company providing electrical and automation applications, as well as equipment and installation services for the industry.

The assignment was led by Partner Antti Husa, supported by COO Antti Liimatainen, M&A Manager Santeri Vaattovaara, Specialist Counsel Tiina Koivisto, Senior Associate Lavinia Husa, Associate Josefina Lind, Specialist Counsel Sinikka Turkki, and Senior Legal Trainee Titta Peltonen.

🔗 Read more in Insta’s news update.

Key contacts

Antti Husa

Antti Husa

Antti Husa has been involved in over a hundred different corporate arrangements, ranging from assisting seed rounds of growth companies to IPOs. He actively serves as an advisor to both sellers and buyers in corporate transactions, and he also participates in the board work of several client companies as a board expert member and secretary.

Expertise includes
Private M&A
Venture Capital Transactions
Corporate and company law
Commercial agreements
Restructuring and Insolvency

Antti Liimatainen

Antti Liimatainen

Antti Liimatainen is the Chief Operating Officer at Eversheds Sutherland Finland. He has experience in more than 100 Finnish and cross-border corporate transactions.

Expertise includes:
M&A transactions
Financing
Exit readiness
Transaction readiness
Post merger integration


The materials on the Eversheds Sutherland website are for general information purposes only and do not constitute legal advice. While reasonable care is taken to ensure accuracy, the materials may not reflect the most current legal developments. Eversheds Sutherland disclaims liability for actions taken based on the materials. Always consult a qualified lawyer for specific legal matters. To view the full disclaimer, see our Terms and Conditions or Disclaimer section in the footer.