Bekanntmachung • Jan 13
LINK Mobility Group Holding ASA Announces Board Resignation LINK Mobility Group Holding ASA announced that Jens Rugseth, Sabrina Gosman and Robert Joseph Nicewicz Jr. wish to resign as board members. Bekanntmachung • Dec 19
LINK Mobility Group Holding ASA, Annual General Meeting, May 27, 2026 LINK Mobility Group Holding ASA, Annual General Meeting, May 27, 2026. Bekanntmachung • Sep 12
An undisclosed buyer acquired 5.31% stake in LINK Mobility Group Holding ASA (OB:LINK) from Karbon Invest AS for approximately NOK 520 million. An undisclosed buyer acquired 5.31% stake in LINK Mobility Group Holding ASA (OB:LINK) from Karbon Invest AS for approximately NOK 520 million on September 11, 2025. A cash consideration valued at NOK 33.5 per share will be paid by the buyer.
An undisclosed buyer completed the acquisition of 5.31% stake in LINK Mobility Group Holding ASA (OB:LINK) from Karbon Invest AS on September 11, 2025. Bekanntmachung • Jun 24
LINK Mobility Group Holding ASA (OB:LINK) agreed to acquire SMS Portal (Pty) Ltd. for approximately $150 million LINK Mobility Group Holding ASA (OB:LINK) agreed to acquire SMS Portal (Pty) Ltd. for approximately $150 million on June 24, 2025. A cash consideration of $100 million will be paid by LINK Mobility Group Holding ASA. The consideration consists of 5.9 million common equity of LINK Mobility Group Holding ASA to be issued for common equity of SMS Portal (Pty) Ltd. LINK Mobility Group Holding ASA will pay an earnout/contingent payment of $30 million cash. As part of consideration, $130 million is paid towards common equity of SMS Portal (Pty) Ltd.
For the period ending December 31, 2024, SMS Portal (Pty) Ltd. reported total revenue of $112 million and EBITDA of $25 million.
The transaction is subject to approval by regulatory board / committee. The expected completion of the transaction is Q3, 2025. Bekanntmachung • Apr 15
LINK Mobility Group Holding ASA (OB:LINK) acquired FireText Communications Limited for £9.7 million. LINK Mobility Group Holding ASA (OB:LINK) acquired FireText Communications Limited for £9.7 million on April 14, 2025. The transaction values FireText at an enterprise value of £9.7 million, reflecting an EV/LTM Dec-24 cash EBITDA multiple of 6.5x. The acquisition includes an earn out of £2.3 million at similar valuation. The purchase price will be settled through a combination of £2 million in LINK shares, a seller credit equal to 10% of the enterprise value, and the remaining amount in cash.
LINK Mobility Group Holding ASA (OB:LINK) completed the acquisition of FireText Communications Limited on April 14, 2025. Bekanntmachung • Apr 02
LINK Mobility Group Holding ASA (OB:LINK) acquired The SMS Works for an enterprise value of £4 million. LINK Mobility Group Holding ASA (OB:LINK) acquired The SMS Works for an enterprise value of £4 million on April 1, 2025. The purchase price was settled fully in cash.
LINK Mobility Group Holding ASA (OB:LINK) completed the acquisition of The SMS Works for an enterprise value of £4 million on April 1, 2025. Bekanntmachung • Dec 12
LINK Mobility Group Holding ASA, Annual General Meeting, May 27, 2025 LINK Mobility Group Holding ASA, Annual General Meeting, May 27, 2025. Bekanntmachung • Oct 30
LINK Mobility Group Holding ASA (OB:LINK) acquired Reach-Data Ltd at an enterprise value of £3 million. LINK Mobility Group Holding ASA (OB:LINK) acquired Reach-Data Ltd at an enterprise value of £3 million on October 30, 2024. The transaction values Reach-Data at an enterprise value of GBP 3 million, implying an LTM EV/adj.EBITDA multiple of 6.3x. The purchase price was settled fully in cash.
LINK Mobility Group Holding ASA (OB:LINK) completed the acquisition of Reach-Data Ltd on October 30, 2024. Bekanntmachung • Sep 24
LINK Mobility Group Holding ASA (OB:LINK) acquired Net Real Solutions Slu for enterprise value €9.5 million. LINK Mobility Group Holding ASA (OB:LINK) acquired Net Real Solutions Slu for enterprise value €9.5 million on September 24, 2024. The purchase price was settled fully in cash. The transaction also comprises an earnout of up to €1 million. The transaction reflects TEV/EBITDA multiple of 6.4x.
LINK Mobility Group Holding ASA (OB:LINK) completed the acquisition of Net Real Solutions Slu on September 24, 2024. Bekanntmachung • May 29
LINK Mobility Group Holding ASA (OB:LINK) acquired EZ4U for enterprise value of €3.5 million. LINK Mobility Group Holding ASA (OB:LINK) acquired EZ4U for enterprise value of €3.5 million on May 28, 2024. The transaction values EZ4U at an enterprise value of €3.5 million, implying an LTM EV/EBITDA multiple of 7x. The purchase price was settled fully in cash. Pending future growth, the transaction also comprises an earnout of up to €2 million.LINK Mobility Group Holding ASA (OB:LINK) completed the acquisition of EZ4U on May 28, 2024. Bekanntmachung • Apr 11
OceanSound Partners, LP and Energy Impact Partners LLC acquired Message Broadcast, LLC from LINK Mobility Group Holding ASA (OB:LINK). OceanSound Partners, LP and Energy Impact Partners LLC acquired Message Broadcast, LLC from LINK Mobility Group Holding ASA (OB:LINK) on April 11, 2024. Maulik Datanwala has joined the Company as its Chief Executive Officer to lead these efforts. Skadden, Arps, Slate, Meagher & Flom LLP and Advokatfirmaet Schjødt As acted as legal advisor to OceanSound Partners, LP. Kirkland & Ellis LLP and Reitler Kailas & Rosenblatt LLC acted as legal advisor to Energy Impact Partners LLC.
OceanSound Partners, LP and Energy Impact Partners LLC completed the acquisition of Message Broadcast, LLC from LINK Mobility Group Holding ASA (OB:LINK) on April 11, 2024. Bekanntmachung • Jan 06
An Unknown buyer completed the acquisition of Message Broadcast, LLC from LINK Mobility Group Holding ASA (OB:LINK). An Unknown buyer entered into a definitive agreement to acquire Message Broadcast, LLC from LINK Mobility Group Holding ASA (OB:LINK) for $260 million on November 7, 2023. Under the terms of the transaction, Message Broadcast is divested at an enterprise value of $260 million, implying a LTM Q3 23 EV / EBITDA multiple of 14.1x. The purchase price will be paid $220 million in cash at close, a $10 million seller note with a cash interest of 5% p.a. maturing in the summer of 2025 and a $30 million cash earnout based on Message Broadcast’s 2024 performance. The earnout is linear from $7.5 million and increasing with revenue growth. The agreement is subject to customary closing conditions and is expected to close before year-end or early next year. AGP Advokater (Norway) and Paul Hastings LLP (US) acted as legal advisors to LINK in connection with the transaction.An Unknown buyer completed the acquisition of Message Broadcast, LLC from LINK Mobility Group Holding ASA (OB:LINK) on January 4, 2024. Breakeven Date Change • Dec 31
Forecast breakeven date pushed back to 2024 The analyst covering LINK Mobility Group Holding previously expected the company to break even in 2023. New forecast suggests the company will make a profit of kr168.8m in 2024. Average annual earnings growth of 109% is required to achieve expected profit on schedule. Bekanntmachung • Nov 09
An Unknown buyer entered into a definitive agreement to acquire Message Broadcast, LLC from LINK Mobility Group Holding ASA (OB:LINK) for $260 million. An Unknown buyer entered into a definitive agreement to acquire Message Broadcast, LLC from LINK Mobility Group Holding ASA (OB:LINK) for $260 million on November 7, 2023. Under the terms of the transaction, Message Broadcast is divested at an enterprise value of $260 million, implying a LTM Q3 23 EV / EBITDA multiple of 14.1x. The purchase price will be paid $220 million in cash at close, a $10 million seller note with a cash interest of 5% p.a. maturing in the summer of 2025 and a $30 million cash earnout based on Message Broadcast’s 2024 performance. The earnout is linear from $7.5 million and increasing with revenue growth.
The agreement is subject to customary closing conditions and is expected to close before year-end or early next year. Reported Earnings • Aug 18
Second quarter 2023 earnings released: kr0.05 loss per share (vs kr0.13 profit in 2Q 2022) Second quarter 2023 results: kr0.05 loss per share (down from kr0.13 profit in 2Q 2022). Revenue: kr1.65b (up 40% from 2Q 2022). Net loss: kr16.0m (down 142% from profit in 2Q 2022). Reported Earnings • May 12
First quarter 2023 earnings released: EPS: kr0.01 (vs kr0.003 in 1Q 2022) First quarter 2023 results: EPS: kr0.01 (up from kr0.003 in 1Q 2022). Revenue: kr1.44b (up 23% from 1Q 2022). Net income: kr3.23m (up 325% from 1Q 2022). Profit margin: 0.2% (up from 0.1% in 1Q 2022). Reported Earnings • May 03
Full year 2022 earnings released: kr0.51 loss per share (vs kr0.26 loss in FY 2021) Full year 2022 results: kr0.51 loss per share (further deteriorated from kr0.26 loss in FY 2021). Revenue: kr5.19b (up 18% from FY 2021). Net loss: kr151.1m (loss widened 95% from FY 2021). Board Change • Apr 11
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent Board Member Grethe Viksaas was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Mar 28
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent Board Member Grethe Viksaas was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Bekanntmachung • Feb 17
LINK Mobility Group Holding ASA Provides Earnings Guidance for the Year 2023 Link Mobility Group Holding ASA provided earnings guidance for the year 2023. The company expects improved growth and profitability in 2023 with accelerated momentum for new business wins during 2022 and previously announced cost reduction initiatives partly offset ing underlying cost increases. Bekanntmachung • Jan 25
LINK Mobility Group Holding ASA to Report Q4, 2022 Results on Feb 23, 2023 LINK Mobility Group Holding ASA announced that they will report Q4, 2022 results on Feb 23, 2023 Bekanntmachung • Dec 14
Link Mobility Names Rune Eivind Strandli as Chief Technology Officer Link Mobility (Link) welcomed Rune Eivind Strandli as chief technology officer (CTO), effective from the beginning of second quarter of 2023. Strandli was recently chief technology and product officer (CTPO) at House of Control and has previously been head of technology at Fugro satellite positioning. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent Board Member Grethe Viksaas was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 05
Third quarter 2022 earnings released: EPS: kr0.30 (vs kr0.27 loss in 3Q 2021) Third quarter 2022 results: EPS: kr0.30 (up from kr0.27 loss in 3Q 2021). Revenue: kr1.31b (up 18% from 3Q 2021). Net income: kr88.5m (up kr166.1m from 3Q 2021). Profit margin: 6.7% (up from net loss in 3Q 2021). The move to profitability was driven by higher revenue. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 8.8% growth forecast for the Software industry in the United Kingdom. Board Change • Oct 22
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 5 non-independent directors. Independent Board Member Grethe Viksaas was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Bekanntmachung • May 19
LINK Mobility Announces Executive Changes LINK Mobility announced that its Board of Directors has appointed the current CFO, Thomas Berge, as interim CEO. Berge, who has also previously acted as interim CEO at LINK, will take up his position immediately. He succeeds Guillaume van Gaver who has led the company since September 2019. The board has initiated the process to identify the next permanent CEO at LINK. Bekanntmachung • May 12
LINK Mobility Group Holding ASA Provides Revenue Guidance for the Year 2022 LINK Mobility Group Holding ASA announced that the company is confident to deliver 14% to 17% revenue growth for the full year 2022. Reported Earnings • May 02
Full year 2021 earnings released: kr0.26 loss per share (vs kr1.21 loss in FY 2020) Full year 2021 results: kr0.26 loss per share (up from kr1.21 loss in FY 2020). Revenue: kr4.41b (up 25% from FY 2020). Net loss: kr77.6m (loss narrowed 76% from FY 2020). Over the next year, revenue is forecast to grow 18%, compared to a 16% growth forecast for the industry in the United Kingdom. Board Change • Apr 27
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. No highly experienced directors. No independent directors (7 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Breakeven Date Change • Feb 15
Forecast breakeven date pushed back to 2023 The 2 analysts covering LINK Mobility Group Holding previously expected the company to break even in 2022. New consensus forecast suggests losses will reduce by 69% to 2022. The company is expected to make a profit of kr138.3m in 2023. Average annual earnings growth of 135% is required to achieve expected profit on schedule. Reported Earnings • Feb 12
Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat Full year 2021 results: kr0.26 loss per share (up from kr1.21 loss in FY 2020). Revenue: kr4.41b (up 25% from FY 2020). Net loss: kr77.8m (loss narrowed 76% from FY 2020). Revenue exceeded analyst estimates by 1.5%. Over the next year, revenue is forecast to grow 17%, compared to a 29% growth forecast for the industry in the United Kingdom. Bekanntmachung • Feb 02
LINK Mobility Group Holding ASA to Report Fiscal Year 2021 Final Results on Apr 29, 2022 LINK Mobility Group Holding ASA announced that they will report fiscal year 2021 final results on Apr 29, 2022 Board Change • Jan 20
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. No highly experienced directors. No independent directors (7 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Bekanntmachung • Dec 16
LINK Mobility Group Holding ASA (OB:LINK) acquired Matelab Srl. LINK Mobility Group Holding ASA (OB:LINK) agreed to acquire Matelab Srl on November 16, 2021. The transaction is expected to close at the end of 2021.
LINK Mobility Group Holding ASA (OB:LINK) acquired Matelab Srl on December 15, 2021. Bekanntmachung • Dec 15
LINK Mobility Group Holding ASA (OB:LINK) acquired Altiria Tic for an enterprise value of €2.5 million. LINK Mobility Group Holding ASA (OB:LINK) acquired Altiria Tic for an enterprise value of €2.5 million on December 14, 2021. Key personnel from Altiria will join LINK.
LINK Mobility Group Holding ASA (OB:LINK) completed the acquisition of Altiria Tic on December 14, 2021. Board Change • Dec 09
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. No highly experienced directors. No independent directors (7 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Reported Earnings • Nov 05
Third quarter 2021 earnings released: kr0.27 loss per share The company reported a solid third quarter result with improved revenues and control over costs, although losses increased. Third quarter 2021 results: Revenue: kr1.11b (up 34% from 3Q 2020). Net loss: kr77.6m (loss widened 13% from 3Q 2020). Breakeven Date Change • Sep 23
Forecast to breakeven in 2022 The 2 analysts covering LINK Mobility Group Holding expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of kr284.0m in 2022. Average annual earnings growth of 108% is required to achieve expected profit on schedule. Breakeven Date Change • Aug 19
Forecast breakeven pushed back to 2022 The 2 analysts covering LINK Mobility Group Holding previously expected the company to break even in 2021. New consensus forecast suggests losses will reduce by 80% to 2021. The company is expected to make a profit of kr284.0m in 2022. Average annual earnings growth of 97% is required to achieve expected profit on schedule. Bekanntmachung • Jun 17
LINK Mobility Group Holding ASA (OB:LINK) signed a definitive agreement to acquire MessageBroadcast LLC for approximately $260 million. LINK Mobility Group Holding ASA (OB:LINK) signed a definitive agreement to acquire MessageBroadcast LLC for approximately $260 million on June 16, 2021. The purchase price will be settled with 26% shares and 74% cash. LINK will issue 16.8 million shares and $192 million cash as consideration. The transaction is fully financed through a completed tap issue of $206 million (€170 million) priced at 100% of par. The transaction is expected to close later this month. The acquisition will immediately accretive, increasing LINK's EBITDA margin for 2020 on a combined basis by over +400 points. AGP Advokater AS and Paul Hastings LLP are acting as legal counsels to the company in connection with the transaction. Kluge Advokatfirma AS (Norway) and Troutman Pepper Hamilton Sanders LLP are acting as legal counsels to Message Broadcast and Vaquero Capital, LLC is acting as financial advisor to Message Broadcast in connection with the transaction. Bekanntmachung • Jun 09
LINK Mobility Group Holding ASA (OB:LINK) completed the acquisition of MarketingPlatform ApS. LINK Mobility Group Holding ASA (OB:LINK) entered into a definitive agreement to acquire MarketingPlatform for €18 million on April 15, 2021. Under the terms of agreement, €13 million will be paid at an enterprise value with an additional 2-year earnout of up to €5 million contingent on commercial results and continued platform development. Upon completion of the transaction, the purchase price will be settled with 30% in cash and 70% in shares in LINK. The consideration shares will be subject to customary lock-up for a 6-month period after closing of the transaction. The transaction is subject to customary conditions for completion, including regulatory approvals. The transaction is expected to close during Q2 2021. Karsten Pedersen and Sara Schjørring of DLA Piper Denmark and AGP Advokater AS acted as legal advisor for LINK Mobility Group Holding ASA. EY Real Estate Corporate Finance acted as financial advisor for LINK Mobility Group Holding ASA.
LINK Mobility Group Holding ASA (OB:LINK) completed the acquisition of MarketingPlatform ApS on June 7, 2021. Bekanntmachung • Jun 01
LINK Mobility Group Holding ASA (OB:LINK) completed the acquisition of 81.4% stake in AMM S.p.a. (BIT:AMM) from founders of AMM and others. LINK Mobility Group Holding ASA (OB:LINK) entered into an agreement to acquire a 81.4% stake in AMM S.p.a. (BIT:AMM) from founders of AMM and others for €15.2 million on April 26, 2021. As a part of transaction, LINK has agreed to acquire 6,351,815 shares in AMM for €2.4 per share in cash. In a related transaction, the sellers of AMM have agreed to subscribe for new shares in LINK at a subscription price per share equal to the volume weighted average price per share of the last 5 trading days prior to the closing date, for an amount equal to 40% of the purchase price received by the sellers under the transaction. The shares will be subject to lock-up for a 6-month period after closing of the transaction. Post completion of transaction, LINK to launch a mandatory offer for the remaining 18.6% stake of AMM at €2.4 per share and a voluntary offer for 146,475 outstanding warrants in AMM at €0.80 per warrant. The transaction is subject to customary conditions for completion. The transaction is planned to close during May 2021. AGP Advokater AS and Dla Piper Italy Services Srl acted as legal advisors to LINK. Nctm Studio Legale acted as legal advisor to the sellers having majority participation in the share capital of AMM.
LINK Mobility Group Holding ASA (OB:LINK) completed the acquisition of 81.4% stake in AMM S.p.a. (BIT:AMM) from founders of AMM and others on May 31, 2021. Bekanntmachung • May 19
LINK Mobility Group Holding ASA (OB:LINK) Signed a non-binding term sheet to acquire SOPRANO Design Pty Ltd. from Ht&E Digital Pty Ltd, Richard Favero and family for approximately AUD 530 million. LINK Mobility Group Holding ASA (OB:LINK) Signed a non-binding term sheet to acquire SOPRANO Design Pty Ltd. from Ht&E Digital Pty Ltd, Richard Favero and family for approximately AUD 530 million on May 18, 2021. Under the terms, purchase consideration will be settled with 95% shares and 5% cash. The founder and majority shareholder is highly committed to become a long-term investor and will continue to run the Soprano footprint. The deal is expected to close during the second half of 2021. Bekanntmachung • Apr 28
LINK Mobility Group Holding ASA (OB:LINK) entered into an agreement to acquire a 81.4% stake in AMM S.p.a. (BIT:AMM) from founders of AMM and others for €15.2 million. LINK Mobility Group Holding ASA (OB:LINK) entered into an agreement to acquire a 81.4% stake in AMM S.p.a. (BIT:AMM) from founders of AMM and others for €15.2 million on April 26, 2021. As a part of transaction, LINK has agreed to acquire 6,351,815 shares in AMM for €2.4 per share in cash. In a related transaction, the sellers of AMM have agreed to subscribe for new shares in LINK at a subscription price per share equal to the volume weighted average price per share of the last 5 trading days prior to the closing date, for an amount equal to 40% of the purchase price received by the sellers under the transaction. The shares will be subject to lock-up for a 6-month period after closing of the transaction. Post completion of transaction, LINK to launch a mandatory offer for the remaining 18.6% stake of AMM at €2.4 per share and a voluntary offer for 146,475 outstanding warrants in AMM at €0.80 per warrant. The transaction is subject to customary conditions for completion. The transaction is planned to close during May 2021. AGP Advokater AS and Dla Piper Italy Services Srl acted as legal advisors to LINK. Nctm Studio Legale acted as legal advisor to the sellers having majority participation in the share capital of AMM. Bekanntmachung • Mar 12
LINK Mobility Group Holding ASA (OB:LINK) completed the acquisition of Tismi B.V. LINK Mobility Group Holding ASA (OB:LINK) entered into a definitive agreement to acquire Tismi B.V. on February 12, 2021. The transaction values Tismi B.V. at an enterprise value of €20 million. As per the transaction, Tismi B.V.’s team will join LINK Mobility Group Holding ASA. Upon completion, the purchase consideration will be settled partly with cash, sellers' credit and shares in LINK Mobility Group Holding ASA which will be subject to customary lock-up for a 6-month period after closing of the transaction. The transaction is subject to regulatory approvals and is planned to close during Q1 2021. AGP Advokater AS and Advokatfirma Dla Piper Norway Da acted as legal advisor and Ernst & Young Global Limited acted as financial advisor and accountant to LINK Mobility Group Holding ASA, Lexence N.V. acted as legal advisor and Capital Mind S.A. and PwC Advisory N.V. acted as financial advisor to Tismi B.V.
LINK Mobility Group Holding ASA (OB:LINK) completed the acquisition of Tismi B.V. on March 10, 2021. Reported Earnings • Feb 19
Full year 2020 earnings released The company reported a soft full year result with increased losses and weaker control over costs, although revenues improved. Full year 2020 results: Revenue: kr3.54b (up 21% from FY 2019). Net loss: kr398.5m (loss widened 71% from FY 2019). Analyst Estimate Surprise Post Earnings • Feb 19
Revenue misses expectations Revenue missed analyst estimates by 1.0%. Over the next year, revenue is forecast to grow 18%, compared to a 7.9% growth forecast for the Software industry in the United Kingdom. Is New 90 Day High Low • Feb 16
New 90-day high: kr57.86 The company is up 13% from its price of kr51.41 on 18 November 2020. The British market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is up 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is kr61.29 per share. Bekanntmachung • Feb 14
LINK Mobility Group Holding ASA (OB:LINK) entered into a definitive agreement to acquire Tismi B.V. LINK Mobility Group Holding ASA (OB:LINK) entered into a definitive agreement to acquire Tismi B.V. on February 12, 2021. The transaction values Tismi B.V. at an enterprise value of €20 million. As per the transaction, Tismi B.V.’s team will join LINK Mobility Group Holding ASA. Upon completion, the purchase consideration will be settled partly with cash, sellers' credit and shares in LINK Mobility Group Holding ASA which will be subject to customary lock-up for a 6-month period after closing of the transaction. The transaction is subject to regulatory approvals and is planned to close during Q1 2021. AGP Advokater AS and Advokatfirma Dla Piper Norway Da acted as legal advisor and Ernst & Young Global Limited acted as financial advisor and accountant to LINK Mobility Group Holding ASA, Lexence N.V. acted as legal advisor and Capital Mind S.A. and PwC Advisory N.V. acted as financial advisor to Tismi B.V. Bekanntmachung • Nov 18
LINK Mobility Group Holding ASA (OB:LINK) acquired Bamberger Invest Alpha GmbH and BK Invest GmbH from Christian Bamberger, SK Capital GmbH, Foxyflo GmbH, Christian Waldheim and Martin Mrvka for an enterprise value of €53.8 million. LINK Mobility Group Holding ASA (OB:LINK) acquired Bamberger Invest Alpha GmbH and BK Invest GmbH from Christian Bamberger, SK Capital GmbH, Foxyflo GmbH, Christian Waldheim and Martin Mrvka for an enterprise value of €53.8 million on November 16, 2020. The purchase price of €50.9 million, reflecting an enterprise value of €53.8 million on a cash-free and debt-free basis and assuming a normalized level of working capital has been settled with 60% paid in cash, 10% in escrow and the remaining 30% in 3.5 million new shares issued in LINK Mobility. The consideration shares are subject to lock-up until April 21, 2020. 10% of the purchase price will be held in escrow until March 1, 2022 as security for claims LINK Mobility Group Holding ASA may have against Christian Bamberger, SK Capital GmbH, Foxyflo GmbH, Christian Waldheim and Martin Mrvka. The cash portion of the purchase price has been financed using available cash at hand.
For the twelve months ended June 30, 2020, Bamberger Invest Alpha GmbH and BK Invest GmbH recorded revenues of EUR 15.4 million and adjusted and normalized EBITDA of EUR 5.1 million. The teams at Bamberger Invest Alpha GmbH and BK Invest GmbH will join LINK Mobility Group Holding ASA. LINK Mobility Group Holding ASA expects synergies to reach €0.6 million on a full run rate in the fiscal year of 2021. AGP Advokater AS and EY Law acted as legal advisors, EY Austria acted as the tax advisor and EY Austria, Investment Banking Arm acted as the financial AX advisor to LINK Mobility Group Holding ASA. BDO Austria GmbH, Investment Banking Arm acted as the financial advisor and Schönherr Rechtsanwälte Gmbh acted as the legal advisor to Christian Bamberger, SK Capital GmbH, Foxyflo GmbH, Christian Waldheim and Martin Mrvka.
LINK Mobility Group Holding ASA (OB:LINK) completed the acquisition of Bamberger Invest Alpha GmbH and BK Invest GmbH from Christian Bamberger, SK Capital GmbH, Foxyflo GmbH, Christian Waldheim and Martin Mrvka on November 16, 2020. 
