Tobii Dynavox AB (OM:TDVOX) acquired REHAdapt Engineering GmbH & Co. KG and EIYott GmbH from Uli Ehlert.
September 06, 2023
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Tobii Dynavox AB (publ) (OM:TDVOX) entered into an agreement to acquire REHAdapt Engineering GmbH & Co. KG and EIYott GmbH from Uli Ehlert for ?18.5 million on June 30, 2023. Consideration consists of ?15 million in cash on a cash and debt free basis and potential earnout of ?3.5 million. To finance the acquisition, Tobill extending its credit facility with an additional term loan of ?8.48 million(SEK 100 million). Uli Ehlert will remain with Rehadapt for a period of at least one year. The transaction is subject to regulatory approvals. For 2022, Rehadapt reported turnove of ?10 million. The transaction is expected to be completed in Third quarter of 2023. Björn Hürten, Sebastian Hack, Katherine Kirrage, Tim Reinhard, Thomas Leister, Julia Kaufmann and Thomas Schnabel of Osborne Clarke Rechtsanwälte Steuerberater Partnerschaft mit beschränkter Berufshaftung acted as legal advisor to Tobii Dynavox AB.
Tobii Dynavox AB (publ) (OM:TDVOX) completed the acquisition of REHAdapt Engineering GmbH & Co. KG and EIYott GmbH from Uli Ehlert on September 7, 2023. ConsusPartner exclusively advised the shareholder of Rehadapt on the entire sales process.
Tobii Dynavox AB is a Sweden-based company engaged in development and sales of assistive technology for communication. The Company's products enable its users to improve the quality of thier lives and exist more independently. The technology offers a range of of solutions, including specially designed communication devices, controlled by eye movements or touchscreens, as well as variety of software applications for communication and special education. Tobii Dynavox offers solution that, in addition to software and communication devices, also consists of assisting prescribers with user testing, helping users obtain reimbursement, and providing assistance so users can get started and learn how to use the solutions. The Company operates worldwide.