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.
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