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Announced

Completed

Karnov Group completed the acquisition of DIBkunnskap for $39.2m.

Financials

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Transaction Value£28m
Consideration TypeOrdinary Shares, Cash
Capital Owned-
Capital Bid For-
EV/Sales6.6x
EV/EBITDA35.07x
Share Price Premium-
One Off Charge-

Tags

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Completed

Cross Border

Software

digital

Friendly

workflow tools

Public

Norway

Acquisition

Single Bidder

Majority

Synopsis

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Karnov Group, an information and advisory services provider, completed the acquisition of DIBkunnskap, a knowledge workflow tool supplier, for $39.2m. "I am very excited for DIB to become part of Karnov Group, as their strong brand and expertise in digital knowledge solutions to advisors, enterprises and the public sector, will significantly benefit the DIB growth strategy. We also strongly feel the cultural match between the companies and are confident that we jointly will be able to realise our growth ambitions. Especially within our internationalisation strategy, there are several benefits stemming from Karnov Group, and a match in market strategy," Karina Larsen, DIBkunnskap CEO.

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