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. For 2022, Rehadapt reported turnover of ?10 million. The transaction is subject to relevant regulatory approvals and other customary conditions, which are expected to be completed in the 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.