James Cowper Kreston has announced the acquisition of Sofus Regulatory Affairs AB by Sovereign Capital Partners backed Xendo BV. The corporate finance team provided advisory services to Xendo.
Sofus is a leading Nordic regulatory consultancy based in Stockholm, Sweden. It supplies regulatory affairs services for all stages of pharma and biotech development for multinational corporations and small businesses in the Nordics and in Europe.
André van de Sande, CEO, Xendo, said: “I am delighted to be leading Xendo in this next phase of growth. The addition of Sofus to Xendo will strengthen our position as a trusted advisor in Life Sciences. We operate in an exciting market and this acquisition offers a real opportunity to further develop Xendo’s services and extend our geographic reach. I am looking forward to working with Linda Thunell and her team.”
Linda Thunell, CEO, Sofus, added: “This was a natural step for us in the further development of our business. As part of the Xendo group we will be able to strengthen our presence on the international market and at the same time offer a broader range of services to our clients. Our companies are a good match and together we will be able to offer more of the very best services to our clients.”
Stuart Williams, director at James Cowper Kreston, added: “We are very pleased to have advised Xendo on this acquisition. The acquisition of Sofus provides Xendo with an exciting opportunity to develop its offering in the international market. We would like to wish them every success in the future.”