Extract from M&A Insights

The below story was originally featured in our daily M&A Insights Newsletter. Selected stories, including this one, are posted to our website with some weeks of delay.
24SevenOffice acquires retailer Online Sales Company AS
September 18, 2018

24SevenOffice Scandinavia AB acquires its largest retailer Online Sales Company AS for SEK 20m paid in the form of shares and SEK 4m in cash. The acquisition is expected to contribute positively to 24SevenOffice earnings from Q4. Online Sales Company has since its start built up a portfolio of 24SevenOffice subscriptions of approximately SEK 8.5m in annual recurring revenue, corresponding to approximately 8.7% of the group's total annual recurring revenue.

ⓘ This story was originally featured in our daily M&A Insights newsletter.
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