Ayima Group to Acquire Leading UK Digital Content Agency
Ayima today announced that it has signed a letter of intent (LOI) to acquire 100% of the share capital of a leading UK-based Digital Content Marketing Agency, UK Linkology Group (“Linkology”). The initial purchase price agreed is GBP 3.5 million (approx. SEK 45 million). Linkology showed an EBITDA for the Financial Year ended 31 October 2023 of approx. SEK 17.5 million from Revenue of approx. SEK 57.5 million. The acquisition also contains provisions for an earn-out that will provide strong incentive for profit growth in the following 24 months. The acquisition is the result of a