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Deal Date: 20-05-2016 Practice Area: Corporate and M&A
Deal Title: Sale of Mofibo to Storytel Industry: Media
Description:
Accura assisted in the sale of the Danish e-book business Mofibo to the Swedish audiobook service Storytel. The purchase price was DKK 100m. Mofibo was formed in 2013 by Morten Strunge who joined the management of the listed Storytel after the transaction with a strategy to continue the internationalisation of the business. Before the transaction, Mofibo was owned by Morten Strunge, the venture funds SEED Capital and Sunstone Capital and by 15 other investors.
Financial Center: Copenhagen Value: 0.00-0.00
Advised Party: Vendor Law Firm
Target Company Jurisdiction: Denmark Acquiror Jurisdiction: Denmark
Classification: Strategic Buyer Acquisitions Private Company
Lawyer Thomas Weincke