
Abry in take-private deal for Link Mobility
Private equity firm Abry Partners has agreed to take private Nordic telecommunications group Link Mobility in a deal that values the firm at approximately NOK 3.396bn.
The offer has been made by Victory Partners VIII Norway, which is indirectly owned by funds managed by Abry Partners. The agreement is for the entire share capital of the group.
Link Mobility is headquartered in Norway and listed on the Oslo stock exchange. The take-private comes after almost five years as a listed company.
Boston-headquartered Abry currently manages $5bn in its active funds.
Latest News
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Multi-family office has seen strong appetite, with investor base growing since 2016 to more than 90 family offices, Meiping Yap told Unquote
Permira to take Ergomed private for GBP 703m
Sponsor deploys Permira VIII to ride new wave of take-privates; Blackstone commits GBP 200m in financing for UK-based CRO
Partners Group to release IMs for Civica sale in mid-September
Sponsor acquired the public software group in July 2017 via the same-year vintage Partners Group Global Value 2017
Change of mind: Sponsors take to de-listing their own assets
EQT and Cinven seen as bellweather for funds to reassess options for listed assets trading underwater