Entering Finland’s Licensed Gambling Market: Managing Patent and Registered Design Risk

IP & Data
IP

Finland is transitioning from a monopoly-based gambling system to a competitive licensing system. For operators considering a Finnish licence, and for investors assessing market entry plans, intellectual property (IP) can be both a material risk factor and a source of competitive advantage. The legislative basis for the reform was set out in Government Proposal (HE) 16/2025, and the reform has progressed through Parliament.

While the policy direction is clear, implementation details and the timetable have evolved. Licence applications are expected to open in 2026, with licensed operations expected to commence in 2027.

Context: Finland’s gambling system reform

The reform aims to open parts of the market to competition under a licence-based model while strengthening supervision and harm-prevention mechanisms. At a high level, the licensing system is expected to apply to key online gambling verticals, including online betting and online casino games, while certain product categories are expected to remain under Veikkaus’ exclusive control.

The Government Proposal also considers experiences from other Nordic jurisdictions that have transitioned to licensing systems, including models where state-owned operators retain exclusivity in certain product categories. A similar structure is expected in Finland, and it is likely to increase the practical relevance of patents and registered designs in the sector as competition intensifies.

For licence applicants and investors, the practical point is that regulatory readiness, technical build and vendor contracting will need to be sequenced against a developing implementation framework. IP planning should run in parallel because it affects what can be deployed, how quickly changes can be made, and what can credibly be protected once competition intensifies.

Patents: what can and cannot be protected

Under the European Patent Convention (EPC) and Finnish patent law, schemes, rules and methods for playing games are excluded from patentability when claimed ‘as such’ (see, for example, EPC Article 52(2)(c)). This applies to traditional games and to contemporary forms of gameplay, including gambling machines and video games.

In practical terms, a new game concept, payout table or bonus mechanic is not, by itself, patentable. However, technical solutions that implement, improve, secure or control gambling services may be patentable where they provide a technical contribution. In the gambling context, potentially patentable subject matter often includes technical architectures for gaming platforms and server systems, improvements to random number generation and integrity controls, technical monitoring systems supporting fraud prevention and anti-money laundering (AML) controls, responsible gambling tooling implemented as technical systems, and technical implementations for identity verification, player authentication and payment flows.

Patents in practice: litigation risk and negotiating leverage

Patents relating to gambling technology have already featured in Finnish disputes. In the Market Court (MAO) decision MAO:484/20, the dispute concerned Finnish patent FI 118907 relating to a method for offering bonus games, and the Market Court addressed jurisdictional questions connected with arbitration. The Market Court did not determine infringement on the merits, instead holding that the dispute fell within arbitration pursuant to an earlier settlement arrangement, therefore illustrating how gambling-related patents can shape both dispute posture and negotiating leverage.”

For market entrants, the practical lesson is that patent risk should be assessed as part of market entry planning and investment diligence. It is also a variable that can affect negotiations, particularly where a platform feature is commercially critical.

Freedom to operate: why early matters

Freedom to operate (FTO) means assessing whether planned product and platform features can be implemented and operated without infringing third-party patent rights that are in force in the target jurisdiction.

For Finland, the relevant patent landscape can include Finnish national patents, European patents validated in Finland, and European patents with unitary effect (Unitary Patents) that take effect in Finland. In addition, Unitary Patents (and certain European patents) may be litigated in the Unified Patent Court, which can increase the practical impact of infringement disputes across multiple participating states, including Finland.

FTO is preferable to carry out early. In gambling platform builds, procurement and vendor contracting often create lock-in, and core architectural choices can be difficult to change close to go-live. An early FTO workstream helps identify where redesign, licensing, product scoping, or an invalidity strategy may be required while timelines remain manageable.

Patents: protecting your own technology

Many operators develop proprietary platform components, fraud detection and compliance tooling, and responsible gambling analytics. Some of these assets can support a patent filing strategy, particularly where competitive advantage is driven by technical implementation rather than game logic. Veikkaus has also signalled an increased focus on protecting technical innovations, which underscores that the incumbent is likely to rely on IP as the market opens.

In Finland, common protection routes include national patents (including Finnish national patents) and European patents granted by the European Patent Office (EPO). Following grant, a European patent may be validated nationally (including in Finland) or, where commercially appropriate, may be given unitary effect (a ‘Unitary Patent’) for participating EU Member States. Because Unitary Patents can take effect in Finland, they can increase the number of patents that may be relevant to market entrants, including patents held by operators based outside Finland.

Registered designs: protecting what the player sees

Alongside patents, operators should consider registered design protection for GUIs and other visual assets.

Design protection is available at multiple levels relevant to Finland:

  • Registered EU designs (REUDs) filed via the European Union Intellectual Property Office (EUIPO) provide protection in all EU countries through a single registration.
  • Finnish national registered designs filed via the Finnish Patent and Registration Office (PRH).
  • International design registrations under the Hague system designating Finland, which are reflected in the PRH Designs Register and related databases.

At EU level, screen displays, icons and graphical user interfaces can be eligible for design registration when properly represented. Design rights are distinct from patents. Design rights protect only the appearance of a product, not its technical function or underlying technical solutions.

This distinction matters commercially. In online gambling, user experience and visual identity are often central competitive assets. Registered designs can deter close visual imitation and support enforcement where a competing service copies the look and feel of key interface elements, even if the underlying technical implementation differs.

A practical approach for operators and investors

In practice, we recommend that a gambling operator planning to apply for a Finnish licence proceeds in three stages. First, the operator should map its own technology and visual identity, including the solutions actually used in its platform, the game formats offered, and the look and feel of key user interfaces. Second, it should carry out freedom-to-operate clearance for Finland and, where necessary, the wider EU, and identify the principal risk areas. As part of the same exercise, it should determine which technical solutions and key user interface screens and elements merit protection through patents and/or registered designs, whether via national filings, a European patent, a Unitary Patent, or registered design protection at EU and/or national level. Third, it should implement an internal operating model for responding to potential patent or registered design assertions, monitoring competitors’ new filings, and evaluating licensing and cross-licensing as part of its wider commercial strategy.

A well-designed patent and registered design strategy supports a gambling operator’s position as Finland’s market opens. It helps manage risk in a landscape where the number of market participants is increasing and legal requirements are tightening, while also building protectable assets that can strengthen competitive advantage both in Finland and across the EU.

Key takeaways

  • Finland’s gambling system is moving to a licensing system. Licence applications are expected to open in 2026, with licensed operations expected to commence in 2027.
  • Game concepts and rules are generally not patentable as such in Europe, but technical solutions underpinning virtual games and online gambling services may be patentable. Licence applicants should factor in the possibility that relevant third-party rights may be in force in Finland.
  • Freedom-to-operate (FTO) clearance should be treated as an early, core workstream for operators and investors, particularly for platform architecture, identity and payments, compliance tooling, and responsible gambling systems.
  • Registered designs (including registered EU designs (REUDs) and Finnish national registered designs) can be an effective tool for protecting graphical user interfaces (GUIs) and other visual assets. Registered design protection is available for screen displays, icons and GUI elements, and registrations in these categories are widely used for digital products. In online gambling, where customer acquisition and retention are closely linked to interface design, artistic design and visual appeal, registered designs can be commercially significant.

How we can help

We support operators and investors entering Finland’s licensed gambling market by providing an integrated workstream that covers:

  • Developing an IP strategy aligned with the licensing timetable and the build plan.
  • Conducting freedom-to-operate clearance, including risk triage and mitigation options such as redesign, licensing and invalidity strategy.
  • Drafting and filing patent applications covering Finnish national and European routes, including advice on validation in Finland and, where appropriate, unitary effect strategy.
  • Drafting and filing registered designs, including registered EU designs and Finnish national registered designs, and coordinating international design registrations designating Finland where appropriate.
  • Preparing dispute readiness, including response playbooks for patent or registered design assertions and support in negotiations.
  • Monitoring competitors’ filings and managing portfolios to support long-term defensibility.

Key contacts

Akseli von Koch

Patent Attorney, EU Trademark and Design Attorney

akseli.vonkoch@heinonen.com

akseli.vonkoch@heinonen.com

Akseli von Koch specializes in IPR protection of emerging digital technologies such as IoT, AI and Blockchain. He has particular expertise in wireless communications, software, payment (fintech), sports and medical equipment and algorithms, instruments and music applications, consumer electronics, sensor electronics, gaming and microsystems (MEMS) as well as vehicles and tires.


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.


The New Playing Field of M&A – Value from Data, Protection from IPR, Direction from Regulation

Event type: In-person
11/06/2025 5:00 pm 11/06/2025 8:00 pm
Eversheds Sutherland Finland, Fabianinkatu 29 B, 8. krs, Helsinki
IP & Data | M&A
IP
M&A

The M&A Landscape is Changing. Data, intellectual property rights, and EU regulation are playing an increasingly decisive role in determining deal value and the conditions for success.

During the evening, our experts will provide practical insights into market trends, the importance of IPR, and the EU’s new data and AI regulations.

After the presentations, the evening will continue with discussions and networking over refreshments.

Get ready for an evening of inspiring talks and insightful discussions:

  • IPR in M&A Transactions – Partner Petteri Häkkänen & Patent Attorney, EU Trademark and Design Attorney Akseli von Koch
  • EU Data and AI Regulation in M&ASenior Associate Otto Michelsen
  • M&A Market Overview – COO Antti Liimatainen

The event is free of charge. The language of the event is Finnish. Please register by Wednesday, 29 October 2025.

The event is part of Eversheds Sutherland Europe Action Week – a dynamic mix of events designed to help you stay ahead of the curve. See all Action Week events here.

Key contacts

Petteri Häkkänen

Petteri Häkkänen

Attorney-at-Law, Partner, Head of IP team, Managing Partner of Heinonen & Co

+358 40 745 7193

petteri.hakkanen@eversheds.fi

@https://fi.linkedin.com/pub/petteri-h%C3%A4kk%C3%A4nen/40/530/7a9

Petteri Häkkänen leads our IP practice with his extensive experience in handling high-profile IP matters. He excels in managing complex legal proceedings concerning all industrial rights, as well as in the preceding conflict management investigations and protection strategies. Petteri typically handles intricate trademark or patent infringement cases, often involving significant cross-border aspects. Additionally, he advises on matters related to trade secrets and unfair business practices.

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.


The AI Act and Management Responsibilities

IP & Data
Data & Tech

Companies that prepare early for the EU’s AI Act will not only avoid fines and reputational damage — they will strengthen customer and investor trust and gain a head start over competitors. This legislation will fundamentally reshape the way AI is used and governed across Europe. Now is the right time to ensure your organization not only meets the new requirements but also turns them into a strategic competitive advantage.

The EU’s AI Act (Regulation (EU) 2024/1689 laying down harmonised rules on artificial intelligence) will reshape how companies design, deploy, and monitor AI systems across Europe, and management cannot afford to stand on the sidelines. In this blog, we look at what the Act really means for management and how preparing now can protect your business while building lasting trust.

The Role Of Management

The AI Act sets obligations mainly for providers and deployers of AI systems. Even though it does not impose direct statutory duties on individual managers, the overall responsibility for compliance and governance lies with management. This means management must take ownership of creating structures that enable responsible AI use and ensuring sufficient financial and human resources are dedicated to compliance. Oversight cannot be handed over entirely to IT teams or outsourced to service providers.

For Finnish companies, this responsibility rests with boards and executives, who must ensure their organizations are ready to meet not only the legal requirements but also the growing expectations of customers, stakeholders, and authorities. Management needs to demonstrate that effective processes exist for identifying, monitoring, and mitigating the risks connected to AI systems.

Good governance goes beyond ticking boxes. It requires a clear understanding of how AI influences the business model, the organization’s reputation, and the rights of customers and employees. By taking an active role, management not only ensures compliance with the AI Act but also builds resilience against legal, financial, and operational risks, turning responsible AI use into a strategic advantage.

High-Risk AI in Practice

The Act places particular emphasis on high-risk AI systems, such as those used in recruitment, credit scoring, healthcare, and public services. Systems falling into this category are subject to stricter requirements for testing, monitoring, and documentation.

Take the example of a Finnish company using an AI-powered recruitment platform to streamline hiring. While the tool may improve efficiency, the organization must ensure it does not unintentionally discriminate against applicants on the basis of age, gender, or other protected characteristics. Meeting this responsibility requires establishing regular monitoring processes, training HR staff in the responsible use of AI, and maintaining thorough documentation that shows risks have been identified and addressed. Being able to demonstrate these measures is essential if authorities request evidence of compliance.

Why And What Actions Are Needed

The consequences of non-compliance with the AI Act can be severe. Beyond potential administrative fines, organizations risk significant reputational damage if AI is used irresponsibly. Loss of customer trust and public confidence can be difficult to repair, and authorities are likely to scrutinize companies that fail to meet the expected standards.

Neglecting the responsibilities of the Act can expose boards and executives to questions under broader corporate governance and risk management standards, which increasingly emphasize ethical and responsible business practices.

A critical element of readiness is continuous training and education. Boards and executives need to understand the evolving landscape of AI risks, from algorithmic bias to security vulnerabilities. Only by embedding responsible practices and a culture of accountability can management safeguard both compliance and trust in AI-driven operations.

How To Prepare

Now is the time for management to take concrete steps toward AI Act readiness. Priorities may include setting up an internal AI governance group to coordinate efforts, providing targeted training for staff, and reviewing contracts with AI providers to ensure that issues such as liability, risk allocation, and data protection are clearly addressed.

Strong vendor risk management is essential, as the responsibility for compliance cannot be transferred to external providers. Regular audits and ongoing monitoring are particularly important for high-risk AI systems. Management should also embed AI oversight into the company’s broader compliance framework, ensuring that it aligns seamlessly with existing data protection and cybersecurity obligations.

The AI Act should not be viewed merely as a regulatory burden. For Finnish management, it represents an opportunity to demonstrate accountability, strengthen stakeholder trust, and turn responsible AI use into a strategic advantage. Organizations that act early will be best placed to manage risks effectively and to reassure customers, partners, and authorities that their use of AI is both lawful and trustworthy.

The AI Act is more than a regulatory challenge — it is a chance to show that your organization uses AI responsibly and transparently. We help leadership teams build clear processes, train staff, and manage risks so you can confidently tell customers, partners, and regulators: we are ready for the AI-driven future. Start preparing today and get in touch — we will help you turn compliance into a competitive advantage.


We are pleased to assist with any questions or challenges related to the Data Act and to support your organization in effectively preparing for these new obligations.






    Key contacts

    Otto Michelsen

    Otto Michelsen is an expert in ICT contracts, data protection, and the legal aspects of emerging technologies. He is particularly skilled at guiding clients through data protection compliance, handling authority inquiries, and managing data-related disputes. Otto actively monitors the evolving EU data regulatory landscape and advises international organizations on how upcoming regulations impact their operations. He also supports companies in establishing effective data governance practices.

    In addition, Otto has hands-on experience in building compliance programs and navigating complex scenarios involving sanctions legislation.

    He holds the CIPP/E and CIPM certifications in data protection, awarded by the International Association of Privacy Professionals (IAPP).


    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.


    The Data Act: Compliance Challenge or Growth Opportunity?

    IP & Data
    Data & Tech
    Saas

    Is your organization ready to turn data regulation into competitive advantage? The EU Data Act is not just about meeting new legal obligations – it opens the door to smarter services, stronger customer relationships, and scalable data-driven business models. For forward-thinking companies, it’s a strategic opportunity to lead the market through transparency, trust, and innovation.

    As the regulation reshapes how companies access, share, and control data – especially from IoT products and services – those who prepare early can position themselves ahead of the curve. The Data Act is your chance to transform data access obligations into value-creating assets.

    In this article, we outline what the Data Act means in practice, what obligations it brings, and how your business can prepare – not just to comply, but to grow.

    The Data Act brings new obligations and opportunities for companies

    The EU Data Act introduces significant changes in how companies’ access, share, and use data, particularly focusing on data generated through the use of IoT products and services. Primarily, the regulation targets manufacturers of connected products (IoT devices), who will be obligated to ensure users have access to the data generated by their devices and services. Additionally, the regulation impacts providers of related services.

    An area not frequently discussed but equally critical involves the responsibilities of cloud and data processing service providers, such as SaaS companies. The Data Act mandates data portability and simplifies the process of switching between data processing service providers, emphasizing user autonomy and market flexibility.

    The Data Act becomes applicable from September 12, 2025. Companies are advised to begin preparations early, viewing the changes not merely as compliance requirements but also as strategic opportunities to receive data, enhance transparency, foster customer trust, and develop innovative data-driven business models.

    What does the Data Act mean in practice?

    The core principle of the Data Act is straightforward: users should have the right to access and utilize data generated by their use of connected products or related digital services.

    Practically, this involves:

    • Manufacturers of connected devices (IoT) must ensure that users have easy and direct access to data generated by the devices, even if used outside the manufacturer’s ecosystem.
    • Providers of data processing services (including SaaS) must ensure data portability, enabling users to seamlessly transfer their data to other providers without facing undue barriers, additional costs, or artificial technical obstacles.

    Contractual considerations and general terms under special scrutiny

    The Data Act specifically emphasizes contractual fairness and transparency regarding data use and sharing. Under the Data Act, terms and conditions that unfairly restrict or complicate user rights to access, use, or transfer data could become unenforceable.

    Crucially, Data holders must now explicitly agree with users on how data may be used; without such agreements, the data holder may no longer be authorized to use the data after September 12, 2025. This significantly shifts the current practice, where data holders often utilize data without separate user agreements.

    As a result, companies must conduct a thorough review and clearly define data usage rights, assign explicit processing responsibilities, and comprehensively address the management of intellectual property rights (IPR), trade secrets, and personal data. Aligning general terms and conditions with the requirements of the Data Act is essential to safeguard fairness and transparency, particularly to protect small and medium-sized enterprises (SMEs).

    Preparing for the Data Act in practice

    To effectively comply with the Data Act’s requirements, companies should:

    • Conduct a data inventory: Clearly identify and categorize data assets, distinguishing between personal data, non-personal data, trade secrets, and other IPR.
    • Ensure technical interoperability: Assess and adapt IT systems and infrastructure to support seamless data portability and interoperability as required by the Data Act.
    • Update contracts and general terms: Review and amend contracts to ensure compliance with Data Act principles, removing any clauses that unjustifiably limit data portability or usage.

    Ultimately, the Data Act offers a valuable opportunity for companies to innovate and build trust. Companies that proactively embrace and prepare for these changes will position themselves advantageously in a market increasingly defined by transparency, data empowerment, and customer trust.


    We are pleased to assist with any questions or challenges related to the Data Act and to support your organization in effectively preparing for these new obligations.






      Key contacts

      Otto Michelsen

      Otto Michelsen is an expert in ICT contracts, data protection, and the legal aspects of emerging technologies. He is particularly skilled at guiding clients through data protection compliance, handling authority inquiries, and managing data-related disputes. Otto actively monitors the evolving EU data regulatory landscape and advises international organizations on how upcoming regulations impact their operations. He also supports companies in establishing effective data governance practices.

      In addition, Otto has hands-on experience in building compliance programs and navigating complex scenarios involving sanctions legislation.

      He holds the CIPP/E and CIPM certifications in data protection, awarded by the International Association of Privacy Professionals (IAPP).


      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.


      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.


      Eversheds Sutherland Recognized in Chambers Global 2025 Rankings

      Dispute Resolution | IP & Data | M&A
      Data & Tech
      Dispute Resolution
      M&A

      Eversheds Sutherland has once again achieved strong rankings in the Chambers Global 2025 rankings, reinforcing our position as a leading international law firm. Our global network has been recognized across multiple practice areas, reflecting our broad expertise and ability to deliver high-quality legal services worldwide. This acknowledgment also highlights our strength in combining deep local knowledge with global legal insight.

      Recognition in Finland

      In Finland, Eversheds Sutherland received notable recognition in the Chambers Global 2025 rankings in the following key practice areas:

      • Corporate/M&A
      • Intellectual Property
      • Dispute Resolution

      Additionally, Chambers Global highlighted the following partners for their expertise and contributions:

      • Petteri Häkkänen
      • Tapio Väätäinen
      • Niina Rosenlund

      The Chambers Global rankings are based on extensive research by Chambers and Partners, incorporating client feedback and detailed insights from law firms.

      🔗 See the full results on the Chambers and Partners website.


      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.


      Eversheds Sutherland Finland Earns Top Rankings in WTR 1000 for 2025

      IP & Data
      IP

      We are proud to announce that our Intellectual Property team has once again been highly ranked in the World Trademark Review’s WTR 1000 rankings for 2025.

      Eversheds Sutherland Finland has been highly ranked in categories:

      • Prosecution and Strategy
      • Enforcement and Litigation
      • Transactions

      The publication highlights our strong reputation in Finland for handling trademark prosecution matters and praises our effective support in complex cases as well as our reliable expertise in protecting and enforcing intellectual property assets.

      Leading our IP team, Partner Petteri Häkkänen is recognized in Gold-band as one of Finland’s top trademark lawyers, described as an “IP all-rounder” and “a brilliant litigator always ready to provide insightful advice”.

      Senior Associate Lassi Lepistö is noted for his expertise in anti-counterfeiting, handling all stages of the trademark lifecycle from assessments to enforcement and commercial matters. Lassi is recognized in Bronze-band and Recommended in Transactions.

      Specialist Counsel Kati Rantala, a skilled litigator with cross-border expertise, is recognized for handling high-profile cases before the Finnish Market Court and Supreme Court. Kati is recognized in Bronze-band.

      We are honored to receive this recognition and remain committed to delivering top-tier IP services to our clients.

      See the full WTR 1000 rankings on the World Trademark Review website.

      Key contacts

      Petteri Häkkänen

      Petteri Häkkänen

      Attorney-at-Law, Partner, Head of IP team, Managing Partner of Heinonen & Co

      +358 40 745 7193

      petteri.hakkanen@eversheds.fi

      @https://fi.linkedin.com/pub/petteri-h%C3%A4kk%C3%A4nen/40/530/7a9

      Petteri Häkkänen leads our IP practice with his extensive experience in handling high-profile IP matters. He excels in managing complex legal proceedings concerning all industrial rights, as well as in the preceding conflict management investigations and protection strategies. Petteri typically handles intricate trademark or patent infringement cases, often involving significant cross-border aspects. Additionally, he advises on matters related to trade secrets and unfair business practices.


      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.


      Aisti Corporation Secures €29 Million to Build First Commercial Factory in Kitee

      IP & Data | M&A
      IP
      M&A

      We acted as legal and financial advisors to our long-standing client, Aisti Corporation, throughout its funding rounds, including the latest €29 million financing package. This investment marks a major milestone in Aisti’s industrial development, supporting the construction of its first commercial factory in Kitee.

      With this new facility, Aisti will bring its innovative natural wood fiber-based acoustic tiles to the modern construction industry, addressing the rising demand for sustainable building solutions across the Nordics and beyond.

      Mikko Paananen, CEO & Founder of Aisti Corporation, commented:
      The Eversheds team, led by Antti Husa and Antti Liimatainen, has supported us from the seed round to the successful completion of this A-round. Their holistic advisory—covering legal, commercial, and IPR aspects—along with their long-term commitment to our fundraising efforts, played a key role in securing this milestone investment.

      Partner Antti Husa added:
      Advising Aisti on this investment journey has been an exciting experience. We are proud to support Aisti in all legal and IPR-related matters as they bring their groundbreaking innovation to market—one that will significantly reduce the environmental impact of the construction industry.

      Aisti manufactures patented bio-based acoustic tiles made from wood fiber. These sustainable, high-performing, and cost-effective solutions offer an eco-friendly alternative to traditional mineral wool acoustic panels.

      The assignment was led by Partner Antti Husa, supported on the legal side by Specialist Counsel Kalle Klemetti, Senior Associate Lavinia Husa, and Senior Legal Trainee Titta Peltonen. On the financial side, key contributors included COO Antti Liimatainen, M&A Managers Santeri Vaattovaara and Max Tarkkala. Patent Attorney Akseli von Koch played a crucial role in managing Aisti’s patent portfolio and IPR strategy.

      🔗 Read more on Aisti Corporation’s website

      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


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