June 2006
Financial and strategic advisor to Ementor in the acquisition of Atea
ATRIUM acted as financial and strategic advisor to Ementor in connection with the acquisition of Sweden’s largest IT infrastructure and product distributor, Atea, from the investment fund 3i.
The purpose of the acquisition was to become the market leader in all four Nordic countries: Sweden, Denmark, Norway and Finland. The acquisition created a strong strategic platform for further growth in the Nordic region and a company with capable of taking market shares outside the Nordics markets.
The transaction was carried out as a 100 % share purchase of the shares in Atea Holding AB. Financing of the acquisition was established via a factoring facility based on the companies’ combined account receivables and a share issue in Ementor ASA, which was listed on the Oslo Stock Exchange. The share issue, although requiring documentation in the form of a prospect, could still be carried out in a short time through a financing model developed specifically for the transaction.
"I have come to know ATRIUM as a very professional, diligent and creative counterpart in the merger between Ementor and Topnordic. Subsequently, ATRIUM successfully advised us on the acquisition of Atea, where I was very pleased with the outcome. I highly recommend them as a financial advisor."
Jo Lunder, CEO for Ementor ASA
