Kollect on Demand Holding AB (publ) (OM:KOLL) entered into an agreement to acquire Mashup Group from Longford Acquisitions Limited and Ve Energy Limited for SEK 70.2 million on February 23, 2024. As part of the consideration, 50.11 million new shares were issued. The transaction is conditional on the completion of a satisfactory due diligence and the extraordinary general meeting of board of directors of Kollect resolving to carry out the Transaction. The acquisition is expected to close in the end of March 2024.

Kroll, LLC acted as fairness opinion provider to Kollect on Demand. Mangold Fondkommission AB (OM : MANG) acted as financial advisor to Kollect on Demand. Eversheds Sutherland Advokatbyrå Ab acted as legal advisors to Kollect on Demand in connection with the Transaction in Sweden. Kiely Solicitors acted as legal advisors to Kollect on Demand in Ireland. Bird & Bird Advokat KB acted as legal advisors to Mashup Group in connection with the Transaction in Sweden. O'Connor LLP acted as legal advisors to Mashup Group in Ireland.