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Lindahl assists Saltside Technologies AB in fund raising

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  • 2015
  • Lindahl assists Saltside Technologies AB in fund raising

Saltside Technologies AB has raised new capital of USD 40 million from Investment AB Kinnevik, Hillhouse Capital and Brummer & Partners’ fund Frontier PE.

Saltside Technologies AB, headquartered in Dubai, provides online services for classified ads in three emerging markets - Bangladesh, Sri Lanka and Ghana. Saltside Technologies AB is the market leader in all of these markets.

Investment AB Kinnevik, which co-founded the company in 2011, will remain as the majority owner after the fund raising.

Lindahl advised Saltside Technologies AB through Olof Nyström (lead partner), Mikael Mellberg and Emanuel Wallin.

Contact

  • Olof Nyström

    Göteborg

    olof.nystrom@lindahl.se +46 709 265 531
  • Mikael Mellberg

    Göteborg

    mikael.mellberg@lindahl.se +46 723 881 021
  • Emanuel Wallin

    Göteborg

    emanuel.wallin@lindahl.se +46 705 761 023
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