Advice on Sale of Amicos A/S (Denmark)
10 September 2021
Aksio Partners advised on the cross-border sale of 100% of Amicos A/S, an airline software business, to management.
Aksio Partners team, acting as M&A advisor to the seller, has completed a cross-border M&A transaction - sale of 100% shares in the Danish company, Amicos A/S to the company's management. Amicos A/S has a developed mini computer/PC based software system used by airline operators unable to use the big mainframe systems typically used by the national airlines.
The transaction involved multistage SPA draftings and negotiations, involving debt to equity conversion.
Co-head of Corporate M&A and Head of Capital Markets, Partner Sam Jalaei from Magnusson Denmark, who acted as legal advisor to the seller, states: "It has been a sheer pleasure working with Aksio. This was a difficult deal with high emotions and complexity involved, but team of Aksio managed to keep cool and bring it across the finish line. Aksio worked very hard on this deal with us, we'd love to work with them again."