Delphi represents Desenio in connection with a private placement and its subsequent listing on Nasdaq First North Growth Market

Delphi represents Desenio Group AB (publ) in connection with its listing on Nasdaq First North Growth Market. In connection with the listing, a private placement is carried out through a sale of existing shares by Desenio’s main shareholder Verdane and certain other shareholders to selected institutional investors for a total transaction size of SEK 4.5 billion. The offer implies a value of all shares in Desenio of approx. SEK 11 billion.

Desenio is a Swedish, fast-growing DTC-company with a leading position as an online-based provider of affordable wall art in Europe. Since 2014, Desenio has successfully managed to expand from being a Nordic player to now being present in more than 35 countries across Europe, the US and Asia, with more than 2.3 million active customers who have shopped at Desenio the last 24 months. In 2020, Desenio acquired Poster Store, to further strengthen its market position, complement its product portfolio as well as increase its geographical presence.

Delphi’s team primarily consisted of Michael Juhlin, Annika Melin Jakobsson and Matilda Karlsson.