.
MergerLinks Header Logo

New Deal


Announced

Completed

AKKA completed the acquisition of Data Respons for $416m.

Financials

Edit Data
Transaction Value£307m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA24x
Share Price Premium20%
One Off Charge-

Tags

Edit

Acquisition

internet of things

Tender Offer

technology company

Auto Technology

Public

Single Bidder

Norway

Majority

Friendly

Cross Border

Completed

Synopsis

Edit

AKKA Technologies, a French manufacturing and engineering consulting company in the field of automotive technology, completed the acquisition of Data Respons, a full-service, independent technology company, for $416m. "The proposed acquisition of Data Respons, by AKKA, gives our team an increased potential for development and the two companies are definitively a good strategic match. We share the same values as well as a passion for innovation, as do AKKA. This transaction will create value for our customers and is an outstanding opportunity to showcase the talent of our fantastic employees, which is the heart, soul and value of our company," Kenneth Ragnvaldsen, Data Respons CEO.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US