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Announced

Completed

Gjensidige Forsikring completed the acquisition of the roadside assistance business from Falck for $147m.

Financials

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Transaction Value£110m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Finland

Integrated FM

Lithuania

Acquisition

roadside assistance

Cross Border

Norway

Estonia

Sweden

Completed

Friendly

Single Bidder

Majority

Private

Synopsis

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Gjensidige Forsikring, a Norwegian insurance company, completed the acquisition of the roadside assistance business from Falck, a provider of ambulance and firefighting services, for $147m. “Falck’s road assistance services are a natural supplement to our offerings in the mobility space with focus on convenience for our customers. Falck RSA is a highly competent organisation. We see significant potential in developing these services further and look forward to exploring value-enhancing opportunities for both customers in Gjensidige and Falck RSA together with the Falck RSA organisation," Helge Leiro Baastad, Gjensidige CEO.

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