Tobias Bonde Frost


Tobias Frost. Photo.

Tobias is a partner in the Transaction department. His principal areas of work are in private M&A, private equity and venture capital. Tobias has extensive experience in M&A transactions with a special focus on representing private equity clients, and he has worked for many of the worlds leading financial sponsors, including KKR, EQT, Nordic Capital, Waterland, Triton, THL, Polaris, Axcel, FSN and Sycamore Partners. He is among the most active M&A lawyers in Denmark in the past 10 years according to Mergermarket and is individually ranked by Legal 500. Tobias has a strong international focus and he has previously worked as a foreign attorney in the M&A department of the leading UK law firm, Travers Smith. 

Tobias is a graduate of the Faculty of Law of the University of Copenhagen from 2010, and he also holds a graduate degree in business administration from Copenhagen Business School. He has previously been an external lecturer in M&A at the University of Copenhagen and he is also the author of more than 10 peer-reviewed legal journal articles within M&A and related topics. He is a frequently used public speaker on subjects related to M&A.


  • 2023

    Legal 500, Key Lawyer


  • 2012

    Graduate degree in business administration, Copenhagen Business School
  • 2010

    Master of Laws, University of Copenhagen
  • 2008

    Exchange student, University of Queensland, Australia
  • 2008

    Bachelor of Laws, University of Copenhagen


  • 2024

    US Buyers in Danish Structured M&A Auction Processes (in Danish: "Amerikanske Købere i Danske Strukturerede M&A Auktionsprocesser"), Revision & Regnskabsvæsen, no. 2 in March 2024 (in Danish), Frost, T.B., Nielsen, M.V.W., Schiøtt, R.J. and Larsen, S.
  • 2023

    Tabsopgørelse i M&A-transaktioner, Erhvervsjuridisk Tidsskrift no. 02-2023, Frost, T.B., Larsen, S. and Johansen, K. H.
  • 2020

    Warranty & Indemnity Insurance, Revision & Regnskabsvæsen no. 9/2020, p. 26-39, Bonde Frost, T. & Blak Clausen, M.
  • 2015

    Seller's response to Buyer's Data Room Questions in M&A Transactions, Erhvervsjuridisk Tidsskrift no. 2/2015, p. 123-132, Bonde Frost, T.
  • 2018

    Reverse Share Splits, Revision & Regnskabsvæsen no. 6/2018, p. 6-13, Thomsen, H. H. & Bonde Frost, T.
  • 2017

    The Binding Effect of Postal Votes, Nordisk Tidsskrift for Selskabsret no. 2/3/2017, p. 1-10, Bonde Frost, T.