Completion of Purchase Agreement on Sale of Certain Subsidiaries and Assets
Reference is made to the press release issued by 24SevenOffice Group AB (the “Company” or “24SevenOffice”) on 12 November 2024 announcing that the Company had entered into a definitive agreement (the “Purchase Agreement”) with Abacus Bidco Oy (the “Purchaser”), the holding company of Accountor Software, which is majority owned by funds managed by KKR, a leading global investment firm, for the sale of certain subsidiaries and assets of 24SevenOffice (the “Transaction”). The Company is pleased to announce that, pursuant to the terms of the Purchase Agreement, the Transaction has been