FiBAN is excited to announce a new partnership with Krogerus, a major law firm in Finland with a first-rate venture capital practice. FiBAN members can reach out for advice in various legal and financial matters, including all aspects of venture capital financing.
Krogerus is a premium law firm offering a broad range of legal services across the corporate spectrum, with a particularly strong focus on transactional and financial assignments.
“FiBAN investor members and their portfolio companies wishing to retain our services benefit from the solutions provided by our 100+ business savvy and highly specialized lawyers within all fields of law. Our involvement in FiBAN’s own activities and services will hopefully benefit the members in the form of customized template documents and knowledge sharing in relation to legal topics associated with venture capital investments.” Jan Johanson, Partner at Krogerus explains.
Krogerus believes in the significance of the Finnish angel and startup community.
“As a premium law firm we may not be the first choice in the early stages of a start-up, or even when taking on-board the first angels; we nevertheless understand that success stories and achievers of tomorrow are growing from within the Finnish angel and start-up community, and once the complexity and need for specialized legal expertise grow, we like to be the preferred provider of legal services enabling the next step. Marketing aside, we also genuinely feel that it is important to be close to the companies and investors that are undoubtedly changing the technological and business landscape that we are part of.” Jan Johanson continues.
So, when can a FiBAN angel reach out?
Krogerus’ services include all aspects of venture capital investments, such as:
● Legal advice and drafting in relation to structuring and negotiating investment and shareholders’ agreements, particularly in subsequent rounds where expertise in preferred instruments, incentives, and leaver considerations is essential, but also in angel/seed rounds, as the case may be;
● Legal due diligence tailored to the specific needs of the investor, often with particular focus on IP matters, and assist with corrective measures where appropriate, as per the recommendations in our due diligence report;
● Tax advice in relation to the investment, including in alternative exit scenarios, as well as in relation to management incentives and alike arrangements; and
● Advice in relation to drafting ancillary documentation such as corporate resolutions, manager agreements, incentive programmes, decision making policies etc.
“Krogerus is a highly regarded law firm in the venture capital field, and FiBAN is very happy to engage in deeper cooperation with them.”, Reima Linnanvirta, Chair of the Board at FiBAN says. “It is nice to realize that we are already working with several investors who have been either active within or recognized by FiBAN. We hope that our partnership will enhance our investor network and lead to many more similar long-term relationships.” Jan Johanson concludes.Great to have you joining our FiBAN Community, welcome! Stay tuned to learn more about our partnership.
More information:
Jan Johanson, Partner, jan.johanson@krogerus.com
Amel Gaily, Managing Director, amel.gaily@fiban.org