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New Deal


Announced

LINK Mobility to acquire Soprano Design for $435m.

Financials

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Transaction Value£308m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Australia

Mobility

Single Bidder

Private

Pending

Majority

mobile messaging

Friendly

Acquisition

Cross Border

Private Equity

Synopsis

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LINK Mobility, a Communication-Platform-as-a-Service provider, agreed to acquire Soprano Design, a global CPaaS provider, for $435m. "With this acquisition, LINK will become a global CPaaS player with broader market positions, products, and organizations. Since the IPO in October last year, we have already added more than NOK 1bn in annual revenue and improved group margins, and whilst Soprano will add significant growth opportunities, we continue to see near term opportunities in our highly fragmented market that may further position LINK as a global leader within CPaaS," Guillaume Van Gaver, LINK CEO.

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