The founders and other shareholders have signed an agreement to sell iZettle, a leading provider of commerce solutions for small businesses in Europe and Latin America, to PayPal for 2.2 billion USD.

Gernandt & Danielsson advises the founders and other shareholders with a team consisting of Partners Carl Westerberg, Fredrik Palm and Corinne Ekman (M&A), Niclas Rockborn (regulatory), Andreas Holmqvist (employment) and Rolf Larsson (competition law), Senior Associates Olle Asplund (regulatory), Erik Sandgren (IP) and Gabriel Zsiga (M&A) and Associates Erik Svärd, Christopher Escalante and Rickard Tinglöf (M&A).