On 1 July 2016, NewCap Holding A/S published its acquisition of Cerberus AB, one of Sweden’s largest independent consultancy firms within financial services.
26 July 2016
The deal is conditional upon approval by the authorities in Sweden and expected to be completed before the end of Q3, 2016.
On the acquisition date, NewCap Holding A/S pays SEK 40,000,000 for the shares in Cerberus AB. In addition, a possible additional purchase price has been agreed of up to SEK 172,000,000 to be paid at the end of 2020 depending on the degree of compliance in respect of different performance requirements.
Karsten Pedersen, Casper Jensen, Michael Vinther, Joachim Kundert Jensen and Line Støving, LETT, provided assistance.
Matter Type
M&A: Acquiror's Counsel
Industry
Fund/Investment Management
News Category
M&A