Gernandt & Danielsson advises in the financing of ALM Equity's acquisition of shares in the residential developer Småa AB. ALM Equity has acquired the shares from JM, HSB Projektpartner and from former and current employees in Småa AB.

The total purchase price amounts to SEK 870 million and the acquisition has been financed by a bank loan and preference shares. Gernandt & Danielsson has advised ALM Equity with the bank financing provided by Nordea Bank.

ALM Equity is a real estate development company and acquires, structures, develops and sells projects; especially housings.

Gernandt & Danielsson's team has consisted of Partners Mikael Borg and Björn Svensson, Senior Associate Sofie Viktorsson and Associate Maria Klaesson.