Meltwater B.V. (OB:MWTR) completed the acquisition of Linkfluence S.A.S.

Meltwater B.V. (OB:MWTR) entered into an agreement to acquire Linkfluence S.A.S for €50 million on March 16, 2021. As per the terms, Meltwater has agreed to purchase Linkfluence for a price of 2 times 2020 revenue, to be settled 50% in cash and 50% in new shares to be issued by Meltwater B.V. and the remaining will be earnout. For the full year 2020, Linkfluence reached a revenue of €17 million. The acquisition is subject to completion of the information consultation process of the Linkfluence employees' committee, as well as other customary conditions to closing and has been board approved by both companies. The transaction is expected to close by May 2021. Guillaume Bonneton of GP Bullhound acted as financial advisor to Linkfluence S.A.S.

Meltwater B.V. (OB:MWTR) completed the acquisition of Linkfluence S.A.S in May 2021.