Krogerus advises Mandatum Asset Management and Rite Ventures on investment in Takomo

Krogerus advised Mandatum Asset Management (acting as manager of MAM Growth Equity II) and Rite Ventures on their investment in Finnish golf equipment manufacturer Takomo. The EUR 20 million financing round will enhance Takomo’s international expansion and help secure its future growth.

Takomo’s business model is to provide high-quality golf clubs and other golf equipment directly to consumers through its online store without intermediaries. The company operates on a global market, with the strongest growth currently coming from the United States and Australia. The MAM Growth Equity strategy focuses on the scale-up phase of Finnish and Nordic growth companies. The Growth Equity II fund actively develops the companies in its portfolio to enable their growth and internalisation. Rite invests in Swedish and Finnish companies within IT services, SaaS and e-commerce.

The Krogerus team was led by Partners Jan Johanson and Marcus Möller and they were primarily assisted by Associate Tuuli Merikallio and a team comprising Counsel Alexander Bützow and Associate Henrik Lyytikäinen. Partner Carola Möller advised on employment matters and she was primarily assisted by Senior Associate Jenna Hallikainen. Partner Samu Lassila advised on tax matters and Partner Simo Autio advised on regulatory matters.