Nordic Secondary Fund II acquired a stake in Cleveron

Nordic Secondary Fund II acquired a 10% stake in Cleveron AS.

Nordic Secondary Fund is the first and only fund in the Nordics to exclusively invest in secondaries. 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.

COBALT advised the client throughout the transaction, which included reviewing and drafting transaction documents and negotiations. The transaction team included Partner Kristel Raidla-Talur, Specialist Counsel Madis Reppo and Assistant Lawyer Marit Raatma.