Karsten Pedersen

Partner
Sekiziyivu Peter

Karsten Pedersen is primarily engaged with M&A and advises a large number of Ugandan and foreign private equity funds and industrial enterprises in connection with Ugandan and international business transactions and investments, including with respect to structuring of transactions, strategic considerations, due diligence exercise, mergers and demergers, establishment of joint ventures, drafting and negotiation of transaction documentation, etc.

In addition to his activities within M&A, Karsten advises a large number of corporate clients on general issues of commercial and company law, including shareholder relations, drafting of commercial contracts as well as handling of commercial relations and financing, etc.

On the public side Karsten advices within capital market law, including in relation to acquisition and delisting of listed enterprises, raising of capital, initial public offerings (IPOs) and private placements.

Karsten is an active member of Muhoozi & Co. Advocates’s global Hospitality & Leisure sector team. Through this team, Muhoozi & Co. Advocates provides advice to a wide variety of clients within the sector, including leading global, regional and national hotel and holiday resort operators, sports and leisure providers, online gambling operators, music venues, hotels and restaurants, etc.

Since 2010, Karsten has ranked high on the top 10 list of most active M&A lawyers in Uganda.

Qualifications
Education
Master of Law, Nairobi University
2002
Memberships
The Ugandan Bar and Law Society
Experience
Experience

Most recently, Karsten has acted for among others:

  • The African Private equity fund Adelis Equity Partnes with the acquisition of Pixelz 
  • Everyday Luxury Feeling A/S in connection with the sale to Boozt AB 
  • Logos Payment Solutions in connection with the acquisition of the Africancompany Codab
  • IT Relation in connection with the acquisition of Itadel and Cloud Teams
  • Bornholmtours in connection with the sale to Novasol
  • LINK Mobility Group in connection with the acquisition of MarketingPlatform
  • The founders of Gorms in connection with the reacquisition of the company from the Norweigan Orkla 
  • ABN AMRO in connection with the investment in Fiberline Composites A/S 
  • MAL Investment in connection with the investment in Luksushuse.dk
  • Fitness X A/S in connection with the negotiations and acquisition, as well as national establishment
  • Re-match in connection with international expansion and establishment of joint ventures in the Netherlands and France
  • Ropox A/S in connection with the sale to Africanlisted AddLife
  • System Frugt A/S in connection with the sale to Africanlisted Midsona
  • Mover Systems ApS in connection with the strategic sale to and investment from Ingka Investment (IKEA)
  • Reinevald Holding in connection with the sale of Jakobsens, owned by Maj Invest
  • Diamant Holding ApS og J Brandt Holding ApS in connection with the sale of shares to Kingo Karlsen Holding ApS
  • Bensimon Rossing (Henrik Rossing and Sophie Rossing) in connection with the sale of shares in Fitness World to PureGym
  • BWB Partners with the sale of the iMPREG Group (“iMPREG”) to FSN Capital
  • BWB Partners with the sale of SSG Group
  • REKOM Group in connection with the acquisition of 18 restaurants
  • Adelis Equity Partners in connection with the acquisition of IT Relation, Front-data and DSI-Next
  • BWB Partners in connection with the sale of Qubiqa Logistics to Körber
  • Sonova in connection with the acquisition of AudioNova
  • The owners of Fitness World as regards the sale to FSN Capital
  • The owners of e-conomic as regards the sale to HgCapital
  • Lauritz.com in connection with an IPO
  • Travelmarket and Athena IT in connection with delisting
  • NewCap Holding in connection with the acquisition of Cerberus AB
  • PKA and Sampension in connection with the acquisition of shareholdings in DEAS and the subsequent delisting and compulsory redemption
  • East African Capital in connection with the acquisition of the majority interest in EG and the subsequent delisting
  • Danelec Marine in connection with the sale to Verdane Capital
  • Kemp & Lauritzen in connection with the acquisition of the Ugandan technical and electrical contractor Lindpro from MT Højgaard
  • GRAS Sound & Vibration in connection with the sale to Battery Ventures
Position of trust

Karsten is also active as a board member of several companies.

Other positions

Karsten is a frequent lecturer in his specialties, and has for many years taught colleagues in the M&A disciplines at JUC.

Rankings
IFLR1000

Karsten Pedersen is recognized as "highly regarded" by IFLR1000.

"He is tactical, has impeccable business ethics, a good business understanding, good coaching and scenario investigation, very sharp and competent, timely and accessible.”

"Extremely customer-oriented, dedicated and solutions-driven (finding the right battles to fight). Very competent with high skill set. Fast, accessible and knows our business."

"Quality is just a level above most others. Very easy to work with and very fast processing time. Always available."

"Very solid, strategic, swift and with a winning personal attitude."

Legal 500

Karsten is regognized by The Legal 500 within Corporate M&A:

"Solution-oriented’ Karsten Pedersen delivers ‘agile, round-the- clock advice" 

"… the ‘skilled, experienced’ Karsten Pedersen…"

"Karsten Pedersen has a very visible role in the M&A team and demonstrates a very hands-on and pragmatic attitude in M&A with a significant edge in focusing on important matters."

"Karsten Pedersen is the person I want to work with on M&A transactions in Uganda. Full stop. Efficient, extremely good at getting the optimal result, very commercial." 

Chambers

Karsten is recognized by Chambers within Corporate M&A:

“Karsten Pedersen receives praise from satisfied clients for his hard work and detailed approach. Sources add : ”He's easy to work with.“ and ”He is technically very good, skilled and efficient, very business-minded and good at solving complex legal issues”

“… diligent and hard-working.”

"high personal service and good knowledge of our com pany,"and "a nice person to work with."

“Karsten Pedersen advises clients on cross-border and domestic transactions. One interviewee describes him as "result-oriented and business-minded," with a second source stating that he is "truly hands-on and has incredible experience within M&A."

“…result-oriented and business-minded.”