Equity Capital Markets
BAHR is a go-to firm for the most complex transactions.
BAHR has been at the forefront of Equity Capital Markets (ECM) for decades, establishing itself as a market leader. We are particularly renowned for our expertise in managing large, complex, and multi-jurisdictional transactions. Our reputation stems from our commitment to delivering exceptional service, as well as our ability to navigate complex regulatory landscapes with ease and efficiency.
The team is constantly top ranked on all major rating bureaus, and was awarded “Deal of the Year for Private Equity” by IFLR in 2025 for our engagement in the takeover of OSE listed Adevinta, the largest public takeover transaction in Norway ever.
We provide a comprehensive suite of services within ECM, corporate and regulatory facets, ensuring a holistic approach to meet our clients’ needs, across every major industry:
- IPOs, follow-ons & secondary offerings
- Private placements, PIPEs and other private financings
- Public takeovers
- Regulatory advice
Our full-service approach ensures that we are equipped to handle all aspects of our clients’ needs, from initial consultation to final transaction.
Selected matters:
- In 2020 we advised on Adevinta’s acquisition of eBay Classified from US listed eBay, the largest straight M&A transaction in Norway ever at the time;
- In 2021 we advised on the merger between Aker BP and Lundin Energy, the largest merger between listed companies ever in Norway;
- In 2022 we advised on the IPO of Vår Energi, the third largest IPO in Oslo ever;
- In 2023 we advised on the consortium consisted of inter alia LEGO-owner KIRKBI, Goldman Sachs and General Atlantic which led the takeover of Kahoot!, the most profiled deal that year;
- In 2024 we advised on the takeover offer of Adevinta by Permira and Blackstone (among others), which is the largest takeover offer in Norway ever;
- In 2025 we advised the Brussles and NYSE listed CMB.TECH on its acquisition of Mr. Fredriksen’s 40% stake in Nasdaq and OSE listed Golden Ocean, and the subsequent merger and listing combined entity, the first ever having Oslo as third listing venue.