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6 deals tracked · Updated 10:11 AM PDT·Full deal sheet
Add-on·Other·May 13, 2026

AGRD Partners adds Icelandic law firm BBA Fjeldco

Adds an Icelandic corporate law practice to the Axcel-backed Nordic platform, which already operates in Sweden, Denmark, Norway, and Finland.

Takeaways

  • AGRD Partners is acquiring BBA Fjeldco with backing from Axcel.
BuyerAGRD Partners
TargetBBA Fjeldco
SponsorAxcel
TypeAdd-on
IndustryOther

Axcel-backed AGRD Partners has moved into Iceland’s legal market with the acquisition of BBA Fjeldco, a Reykjavík-based corporate law firm.

The deal gives the Nordic legal services platform a foothold in the country, rounding out a footprint that previously covered four other Nordic markets.

BBA Fjeldco advises on Icelandic corporate and commercial law, with capital markets, M&A, and regulatory advisory among its practice areas.

The firm has acted for issuers and financial institutions on bond listings on Nasdaq Iceland.

AGRD Partners operates a platform of law firms across the Nordics, with existing offices in Sweden, Denmark, Norway, and Finland.

Axcel, the Nordic private equity sponsor, backs the platform and has been scaling its legal services strategy through add-on acquisitions.