Cobalt has advised the Nordic Secondary Fund II on its acquisition of a 10% stake in Cleveron AS. Eversheds Sutherland reportedly advised the sellers.
Founded in 2018, the Nordic Secondary Fund describes itself as the first and only fund in the Nordics to exclusively invest in secondaries.
Estonian company Cleveron is a manufacturer of robotics-based parcel terminals and the creator of last-mile click-and-collect pickup solutions for the retail and logistics sectors.
The Cobalt team included Partner Kristel Raidla-Talur, Specialist Counsel Madis Reppo, and Assistant Lawyer Marit Raatma.