Delphi advisor to LeadDesk Oyj in the acquisition of Loxysoft
Delphi has advised the Finnish publicly listed company LeadDesk Oyj in connection with the signing of an agreement to acquire the entire share capital of the Nordic companies Loxysoft AB and Loxysoft AS. The acquisition – which is expected to close in early January 2021 – will strengthen LeadDesk’s position as the leading SaaS contact center software vendor in the Nordics.
The debt-free purchase price is around 13.6 million euros. Additional compensation will be paid for the companies’ net cash assets. Out of the total acquisition price, around 4.9 million euros is paid in cash and 8.7 million euros is paid as a private share issue of shares in LeadDesk. The transaction also includes a potential future cash earn-out of approx. 1.5 million euros.
LeadDesk is a fast growing and internationalizing software company, operating in the cloud-based software market in Europe. The company offers the LeadDesk cloud service for high volume sales and customer service and has grown to a leading cloud service vendor in sales and customer service in the Nordics. In 2019, the company’s revenue was 12.4 million euros. LeadDesk has offices in seven European countries and the cloud service is used by over 1000 customers in 34 countries.