Extens e-Health fund II SLP managed by EXTENS made an offer to acquire remaining 28.8% stake in Horizontal Software S.A. (ENXTPA:ALHSW) for €2.8 million on June 15, 2020. Under the terms of transaction, the offer per share is €0.85. In a related transaction, EXTENS subscribed 8.55 million new shares of Horizontal Software and now holds 71.19% stake. with certain funds managed by Truffle Capital, as well as certain employees and managers of Horizontal Software. On September 4, 2020, EXTENS informed Horizontal Software of its intention to raise price of its offer to €1.04. Duration of this offer is 10 days. The offer will run from November 13, 2020 to November 26, 2020. DDA & Company acted as a financial advisor to EXTENS. Extens e-Health fund II SLP managed by EXTENS completed the acquisition of remaining 28.8% stake in Horizontal Software S.A. (ENXTPA:ALHSW) on November 26, 2020. Following the offer, the concert holds 11.3 million Horizontal Software shares, representing 97.81% of the share capital. As the shares not tendered represent less than 10% of the capital of Horizontal Software, EXTENS will carry out the squeeze out procedure to acquire the remaining shares at the same price of €1.04 per share. The squeeze out will be implemented on December 4, 2020.