
Avance houses a heavyweight mergers and acquisitions practice that is a go-to across the healthcare, technology, and media sectors. One of the practice heads is Erkki-Antti Sadinmaa, who is a key contact for major funds and industrial clients. The other of the accomplished duo is Anders Floman, who excels in advising on technology and infrastructure deals. Ilkka Perheentupa has considerable experience representing international and Nordic private equity sponsors in Finland. Henrik Aro has particular expertise in SaaS corporate and venture capital transactions. Seasoned practitioner Ulf-Henrik Kull assists the team with a wide spectrum of mandates.
Legal 500 Editorial commentary
Accolades
Client satisfaction: Lawyer & team quality
Client satisfaction: Billing & efficiency
Client satisfaction: Sector knowledge
Client satisfaction: NPS ®
Testimonials
Collated independently by Legal 500 research team.
- ‘Very knowledgeable, available and constructive.’
- ‘Very wise and experienced. I liked that the partner also sometimes met alone, not pushing more people when not needed, but bringing a team when that was useful for the process.’
- ‘The team is efficient, well-organised and respectful of deadlines. The team stands out especially with its outstanding coordination on transactional matters. As a client, we appreciate the stability of the relationship built with the team. A long-term client relationship has been an advantage to us.’
- ‘Ilkka Perheentupa is an extremely versatile and knowledgeable M&A lawyer. In addition, he has excellent knowledge of the energy and infrastructure business field and the related legal framework, which is very much appreciated. Ilkka understands the client´s needs and offers excellent availability and responsiveness.’
- ‘The team always gives advice when needed. They are always on call and willing to extend themselves for clients.’
- ‘Great team for corporate and M&A!’
Key clients
- CVC Capital Partners
- Mehiläinen Group
- Summa Equity
- Accountor Software
- KKR
- Hiab (previously Cargotec)
- Telia Company
- Canatu Oy
- Odevo
- Aspia
- InfraRed Capital Partners
- Via Equity
Work highlights
Advised CVC Capital Partners and its portfolio company Mehiläinen in a transaction where international private equity firm Hellman & Friedman joins CVC as a significant investor in Mehiläinen.
Advised Hiab Corporation (previously Cargotec) in the sale of MacGregor business area, to funds managed by Triton, for an enterprise value of EUR 480 million.
Advised Telia Company in the divestment of its TV and Media business, including the TV4 brand in Sweden and the MTV brand in Finland, to Schibsted Media at an enterprise value of EUR 590 million (SEK 6.55 billion) on a cash and debt-free basis.
Lawyers
Hall of Fame
The lawyers at the very top of the profession, widely known and respected by peers and clients for their longstanding involvement in market-leading work.

Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.
Next Generation Partners
Junior partners with significant recognition from clients and peers in the market and key roles on multiple matters.
Leading associates
Leading associates with regular involvement in their team's key work, and recognition from peers or clients as being ones to watch.
Practice head
Erkki-Antti Sadinmaa; Anders Floman
Other key lawyers
Ilkka Perheentupa; Henrik Aro; Ulf-Henrik Kull



