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 a few weeks of delay.
Hedera Group AB intends to acquire Assistansbolaget
May 29, 2019

Hedera Group, a staffing and recruiting firm has signed a Letter of Intent to acquire Sweden-based Assistansbolaget, an auto insurance agency. The deal value is expected to amount to SEK 20m. In 2018, Assistansbolaget reported a turnover of SEK 100m and EBIT of SEK 5m corresponding to an EV/EBITDA of 10.x.

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