Avance again crowned M&A Legal Advisor of the Year

5 December 2025

Avance has for the third time been selected as Finland’s M&A Legal Advisor of the Year by Mergermarket. These wins further cement Avance’s reputation as the go-to firm for complex, high-stakes deals and position at the forefront of Finland’s M&A landscape.

“Receiving this award again is a proud moment for Avance and reinforces our standing as Finland’s leading M&A legal advisor as well as reflects the commitment and expertise of our M&A team. We are honored to have clients that trust us to handle their most important deals”, says Head of M&A Erkki-Antti Sadinmaa.

Avance has continued to have a leading role in a majority of the largest and most interesting corporate transactions involving the Finnish market. Some of the most prominent deals on which the firm advised in 2025 included:

  • Advised CVC Capital Partners and its portfolio company Mehiläinen in one of the largest private equity transactions in Finland together with large strategic add-on acquisitions in Romania and Serbia.
  • Advised Hiab Corporation (previously Cargotec) in the sale of the MacGregor business area, to funds managed by Triton, for an enterprise value of nearly EUR 500 million to complete the strategic reform and support Hiab’s future growth.
  • Advised IQM Quantum Computers, a global leader in full-stack superconducting quantum computers, in its EUR 275 million Series B funding round, the largest Series B raise ever in the quantum space.

Mergermarket Awards are highly regarded within the industry. The winners are selected based on the value and number of transactions advised on, as well as on a decision by the expert panel of judges. As there is only one winner per category, an M&A Award from Mergermarket is a true mark of excellence in the M&A field.

Read more here: Mergermarket European M&A Awards 2025