Lindahl has advised Clavister Holding AB in the strategic acquisition of Omen Technologies AB, a provider of a highly innovative AI-driven cybersecurity technology. The acquisition enhances Clavister’s portfolio and taps into the fast-growing AI market.
Clavister is acquiring Omen for a purchase price based on an enterprise value of 15 MSEK on a debt and cash free basis. The founders of Omen are taking the entirety of their consideration in shares to align themselves with the growth potential both sides see from integrating Omen into the Clavister portfolio. In order to provide the founders of Omen with the aforementioned shares, the board of directors in Clavister intends to, in accordance with an authorization from the annual general meeting of 2021, resolve on a directed set-off issue of approximately 1.67 million shares to the founders of Omen at a subscription price per share of SEK 7.08. This set-off issue of shares is scheduled to be made on November 4, 2021. The fourth shareholder, Chalmers Ventures with a 21% ownership, is paid in cash.
Clavister is a specialized European cybersecurity company, protecting complex digital businesses for more than two decades. Founded and headquartered in Örnsköldsvik, Sweden, Clavister pioneered one of the first firewalls and continues to build robust and adaptive network cyber security solutions since. Empowering a growing ecosystem of partners and resellers, Clavister have been serving customers in more than 100 countries with 125,000+ deployments across public sector, service provider and defense sectors. Network, cloud, mobile, end points – Clavister secure them all.
Lindahl’s team in M&A consisted of Henrik Nobel, Nicklas Bexelius, Lisa Liljekvist, Emmi Lindgren, Ottilia Boström and Matilda Jusslin, and in capital markets of Dennis Westermark, Ola Svanberg and Jakob Josefsson.
For further information about the acquisition please see the official press release by Clavister.