Provider: Wright Reports
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Ratos AB Announces Acquisition of Nebula Oy
Ratos AB announced that it has signed an agreement, together with Rite Ventures and the company's management, to acquire Nebula Oy, Finland's provider of cloud services to small and medium-sized companies. The purchase price (enterprise value) for 100% of the company amounts to EUR 82.5 million, of which Ratos will provide equity of approximately EUR 35 million. Subsequent earn-outs may be paid. The company is currently owned to approximately 80% by Rite Ventures and 20% by its management and founder. Ratos will acquire approximately 75%, Rite Ventures will retain a 15% holding and management and other key people will have a holding of approximately 10%.
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