CVC-led consortium announces recommended cash tender offer for WithSecure

Recent work|August 11, 2025

Roschier represents CVC-led consortium in the recommended cash tender offer for all shares in WithSecure Corporation.

A consortium led by CVC, together with Risto Siilasmaa, the founder and Chair of the Board of Directors of WithSecure, has announced a voluntary recommended public cash tender offer for WithSecure, listed on Nasdaq Helsinki. The offer values WithSecure’s equity at approximately 299 million euro. Roschier advises CVC in the transaction.

The shareholders of WithSecure will be offered a cash consideration of EUR 1.70 for each share in the tender offer. The Board of Directors of WithSecure has unanimously decided to recommend that the shareholders of WithSecure accept the tender offer, which is subject to customary conditions including approvals by necessary regulatory authorities, and is expected to be completed during the fourth quarter of 2025.

Roschier’s cross-border advisory team comprises, among others, Jens Bengtsson, Antti Ihamuotila, Petri Avikainen, Marcus Lehtinen, Pinja Liikanen, Maiju Airisniemi, Hanna Sumentola, Eetu Ihamäki, David Strauss, Mika Ohtonen, Andreas Bussman, Sampsa Myllymäki, Ami Paanajärvi, Sari Rasinkangas, Julia Vahvaselkä-Tuominen, Hanna-Mari Immonen, Anton Storvall, Assi Pöyry, Pauliina Vilponen, Julia Jauhiainen, Janne Nurminen and Erika Lahtinen.