Recent work | October 6, 2020

Roschier advised Searchlight Capital Partners in the acquisition of shares to obtain more than 90% ownership of Opus Group

Searchlight Capital Partners, through Ograi BidCo, has acquired more than 90% of the shares and votes in Opus Group. Ograi BidCo has thereby initiated compulsory redemption proceedings, requested Opus Group to apply for delisting from Nasdaq Stockholm and to convene an extraordinary general meeting. Roschier advised Searchlight Capital Partners in the transaction.

The acquisition comes several months after a public tender, which was completed in February at a below 90% ownership threshold. This additional acquisition took Ograi BidCo over the 90% threshold, which means they can now take the company private.

Opus Group is a leading Vehicle Inspection and Intelligent Vehicle Support company, based in Gothenburg, Sweden.

Searchlight Capital Partners is a private investment firm founded in 2010, dedicated to investment opportunities in North America and Europe.

Roschier’s advisory team comprised Jens Bengtsson, Ola Sandersson, Christoffer Benninge, Emma Brolund and Miikka Kujanpää.