BDO Legal advises LINK Mobility Group ASA on the acquisition of Whatever Mobile-Group
BDO Legal advises LINK Mobility Group ASA on the acquisition of Whatever Mobile-Group
The Norwegian LINK Mobility Group ASA has acquired all shares in the companies of the German Whatever Mobile Group. The parties have agreed not to disclose the financial details of the transaction.
A mutli-disciplinary team of BDO Legal Rechtsanwaltsgesellschaft mbH and BDO AG Wirtschaftsprüfungsgesellschaft led by Thorsten Schumacher (Düsseldorf) has advised the listed Norwegian LINK Mobility Group ASA on the acquisition of all shares in the companies of the German Whatever Mobile-Group, comprising Whatever Mobile GmbH, Wherever SIM GmbH and GfMB Gesellschaft für Mobiles Bezahlen mbH. Seller of Whatever Mobile-Group were SPARK Consult GmbH, PlusCon Beratungsgesellschaft mbH and further undisclosed employees of Whatever Mobile Group. Aabø-Evensen & Co Advokatfirma AS advised on the Norwegian law aspects.
Founded in 2002 in Hamburg, Whatever Mobile-Group has approx. 50 employees and Germany’s leading provider of mobile messaging services. Whatever Mobile-Group is active in the fields of mobile messaging, IOT (Internet of Things) communication, mobile authentication and reliable carrier billing. Whatever Mobile-Group has a strong emphasis in providing mobile messaging services for the financial services sector.
LINK Mobility Group ASA is listed on Oslo Axess, a regulated market place operated by the Oslo Stock Exchange (Oslo Børs) and is in the process of transferring its listing to the Oslo Stock Exchange main list. LINK Mobility Group ASA is headquartered in Oslo and has further offices in Bergen, Stockholm, Malmö, Copenhagen, Kolding, Riga and Tallinn. In recent years, via organic growth and its acquisition strategy LINK Mobility Group ASA has become the leading provider of B2C mobile messaging and mobile services in Scandinavia and the Baltics. The acquisition of Whatever Mobile-Group marks a further important step in LINK Mobility Group ASA’s strategy to expand in new markets.
Advisors LINK Mobility Group ASA:
BDO Legal: Thorsten Schumacher (Lead), Dr Martin Schulte LL.M. (Cologne), Daniel Olk (all Corporate/M&A), Dr. Andreas Graef (Regulatory), Julia Dönch (IP/IT), Dr. Stephanie Lenze, Danny Sassek (both employment law; all Düsseldorf), Christian Erbut, Peter Klumpp (both tax; Hamburg).
BDO AG Wirtschaftsprüfungsgesellschaft: Frank Scholl, Stephan Tillner (both Corporate Finance, Hamburg), Gerlinde Seinsche, Katja Keller (both Tax, Frankfurt am Main).
Aabø-Evensen & Co Advokatfirma AS: Lars André Gjerdrum and Ketil Enerstad Sauarlia (both Capital Markets/M&A).