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Announced

Completed

Verdane completed the acquisition of Amp Eleven for $41m.

Financials

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Transaction Value£33m
Consideration TypeCash
Capital Owned-
Capital Bid For50%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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investment vehicle

Acquisition

Private Equity

Majority

Investment Banking

Completed

Private

Norway

Domestic

Friendly

Single Bidder

Synopsis

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Verdane, a private equity firm, completed the acquisition of Amp Eleven, a Norwegian investment vehicle, for $41m. “The Amp Eleven portfolio partnership, made possible by our flexible mandate to invest in portfolios, allows us to access fast-growing, ambitious and attractive companies with potential to scale. We’re happy to be partnering with Henrik Lie-Nielsen and his team on this transaction, and to provide the Amp Eleven portfolio companies with the support and tools to develop into future European leaders within their niche,” Johnny Rindahl, Verdane Partner.

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