LINK has completed the acquisition of Total Connect by acquisition of all shares. The acquisition was completed based on an agreed enterprise value of EUR 2.337 million, on a cash-free and debt-free basis. The enterprise value is based on an estimated normalized EBITDA for 2017 of EUR 0.425 million multiplied by a factor of 5.5.
For further information, please contact:
Arild Hustad, CEO
LINK Mobility Group ASA
+47 95 24 19 30
Totalconnect was established in 1998, and is direct connected to the Italian operators. Totalconnect is a Mobile Marketing services provider, serving clients in Italy as a reliable partner to setup mobile campaign and sending out mobile messages. Read more.