Link Mobility Group’s IPO

Paul Hastings LLP advised Abry Partners II, LLC on the deal.

LINK Mobility Group Holding announced its Initial Public Offering (IPO) of shares in the Company and the listing on the Oslo Stock Exchange. The offering comprised primary, secondary, and additional shares equating to NOK 6,902 million, the biggest IPO in the Nordics so far this year and was more than 10 times covered outside the cornerstone investors.

Abry Partners acquired Link Mobility in 2018 and Link is now one of Europe’s leading communication providers, specialising in mobile messaging services, mobile solutions, and mobile intelligence. Under Abry Partners’ ownership, Link Mobility has undertaken several acquisitions, including the acquisitions of French communications firm Netsize and eastern European mobile messaging group Teracomm Group.

The Paul Hastings team included partners Matthew Poxon (Picture), Peter Schwartz, Arun Birla, Garrett Hayes and Anu Balasubramanian and associates Carlos Ruiz, Andro Atlaga, Jamie Holdoway and Hannah Gray. Lars Andre Gjerdrum at AGP advised on the Norwegian law aspects of the transaction. ABG Sundal Collier ASA and Jefferies International Limited are acting as Joint Global Coordinators and Joint Bookrunners in connection with the offering, while Carnegie AS is acting as Joint Bookrunner and SpareBank 1 Markets AS is acting as Co-Lead Manager, who were all advised by Advokatfirmaet Thommessen AS and Davis Polk & Wardwell London LLP.

Involved fees earner: Andro Atlaga – Paul Hastings; Anu Balasubramanian – Paul Hastings; Arun Birla – Paul Hastings; Hannah Gray – Paul Hastings; Garrett Hayes – Paul Hastings; Jamie Holdoway – Paul Hastings; Matthew Poxon – Paul Hastings; Carlos Ruiz – Paul Hastings; Peter Schwartz – Paul Hastings;

Law Firms: Paul Hastings;

Clients: Abry Partners II LLC;