Diversis Capital, LLC entered into a definitive agreement to acquire remaining minority interest in Tempo ehf. from Origo hf. (ICSE:ORIGO) for $600 million on October 6, 2022. Under the purchase agreement, Origo will receive a cash payment of USD 195 million for its ownership stake. Origo's estimated profit from the sale is about USD 156 million, taking into account the book value and costs of the transaction. Origi's holding in Tempo was just below 40%. Origo's advisors in the transaction were LOGOS, AGC Partners and McGuireWoods.

Diversis Capital, LLC completed the acquisition of remaining minority interest in Tempo ehf. from Origo hf. (ICSE:ORIGO) on October 24, 2022.