LeadDesk Oyj (HLSE:LEADD) acquired Telemagic Group As for enterprise value of NOK 10.8 million on May 31, 2024. An earnout of a maximum of NOK 2 million will be paid based on reaching financial targets during 2024. LeadDesk raised a loan of NOK 13.68 million to finance the purchase price and working capital. For the period ending December 31, 2023, Telemagic Group As reported total revenue of NOK 13.4 million and EBITDA of NOK -0.3 million.

LeadDesk Oyj (HLSE:LEADD) completed the acquisition of Telemagic Group As on May 31, 2024.