Linklaters advises Triton on the proposed US$1.2bn public takeover offer for Caverion Corporation

We are advising Triton Equity Partners and Crayfish Bidco on debt financing in relation to the proposed public tender offer by Crayfish Bidco for all of the issued and outstanding shares in Caverion at an offer price of EUR 8.00 per share. Headquartered in Helskini and listed on Nasdaq Helsinki, Caverion designs, implements, and maintains building technology and industrial services.

The offer was announced on 10 January 2023. The debt financing has been committed by Danske Bank A/S, Deutsche Bank Aktiengesellschaft, DNB Bank ASA, J.P. Morgan SE, OP Corporate Bank Plc and Swedbank AB (publ).

The Linklaters team was led by banking partners Patrik Bjorklund, Alek Naidenov and Thomas Waller, together with associates Guan Koi Khor, Monish Kulkarni and Shruti Subramaniam.