ABRY Partners has successfully completed the voluntary offer to acquire LINK Mobility Group ASA

Victory Partners VIII Norway AS, a company indirectly owned by funds managed by US PE fund ABRY Partners, has today completed the NOK 3.4 billion voluntary offer to acquire all issued and outstanding shares in LINK Mobility Group ASA

After completion of the voluntary offer, Victory Partners held 97.57% of the total issued and outstanding shares in LINK Mobility. Victory Partners has further resolved to carry out a compulsory acquisition of the remaining shares in LINK Mobility, resulting in Victory Partners having assumed ownership of all shares in LINK Mobility.  

LINK Mobility has today resolved to apply for de-listing of its shares from Oslo Børs.  

Aabø-Evensen & Co Advokatfirma AS has acted as legal advisor to LINK Mobility since 2016, and has during this period advised LINK Mobility in connection with 17 pan-European acquisitions as part of its European expansion, raising of NOK 120 million in equity and EUR 80 million in bonds in the Norwegian and international capital markets, transfer of its listing from Oslo Axess to Oslo Børs, and has now lately acted as their legal advisor in connection with the NOK 3.4 billion offer by ABRY Partners and the reinvestment of certain of its management shareholders.

Click here to learn more (Abry.com)