Bondo Advisors acted as financial advisor to Agile Content on the launch of a takeover bid (OPA) for Edgeware AB, a Swedish video streaming distribution technology company, for approximately EUR 28 million.
Edgeware, listed on Nasdaq Stockholm, is a Swedish company specializing in video distribution solutions for telecommunications operators and content providers, with CDN (Content Delivery Network) technology and TV streaming optimized for delivering high-quality video at scale. The takeover bid had the backing of Edgeware’s Board of Directors and its three largest shareholders, who committed 48.4% of the share capital.
Agile Content, a Spanish technology company listed on BME Growth, launches with this bid the first-ever takeover offer by a BME Growth-listed company, marking a milestone in the history of Spain’s alternative stock market. The financing included a EUR 24 million bridge loan funded by shareholders, including Inveready, and the issuance of convertible bonds.
This cross-border deal between Spain and Sweden represents a transformative transaction for Agile Content, which with the integration of Edgeware begins its journey toward becoming a benchmark European group in the video and television software industry. Both companies share a vocation for developing advanced technology solutions for telecommunications operators and audiovisual content distributors.
Bondo Advisors demonstrates with this transaction its ability to advise on complex, high-profile deals, including takeover bids for companies listed on international markets, in the video and television technology sector.
Press release link: https://www.elconfidencialdigital.com/articulo/actualidad/agile-content-lanza-opa-sueca-edgeware-28-millones/20201030185123180395.html
About Bondo Advisors: Bondo Advisors is a financial advisory boutique specializing in mergers and acquisitions (M&A), focused on the sale of B2B, B2C, technology, software, SaaS, AI, digital marketing, and digital businesses. The firm advises founders, entrepreneurs, and shareholders on company sale processes, integrations, and strategic growth, with a particular focus on sell-side engagements.