Vertiseit AB (publ) (OM:VERT B) acquired Grassfish Marketing Technologies Gmbh for €13.5 million on May 27, 2021. Under the terms of transaction, €10.1 million consists of cash payment and €3.4 million of a directed issue of new shares to Grassfish senior management, who thereby become important long-term owners in Vertiseit. The consideration is paid partly through newly issued B-shares in Vertiseit, and partly through a cash payment of the remaining amount. The cash part is financed through a combination of cash and debt facilities €7.6 million. Following completion of the transaction, senior management of Grassfish Roland Grassberger, Chief Executive Officer and Alexander Korte, Chief Financial Officer, will together hold 11.3 percent of the outstanding shares and equity in Vertiseit. As of today they will also be part of Vertiseit’s group management team. Vertiseit AB (publ) (OM:VERT B) completed the acquisition of Grassfish Marketing Technologies Gmbh on May 27, 2021. Rainer Kaspar, Philip Rosenauer, Nicolaus Mels-Colloredo, Leopold Opferkuch and Johannes Metzler of PHH Prochaska Havranek Rechtsanwälte GmbH, Johannes Wardman of WistrandAdvokatyrå acted as a legal adviser to Vertiseit. Paul Schoerghofer and Ines Krausler of Frotz Riedl Rechtsanwälte, Christoffer Mangelus of Advokatfirman Delphi KB acted as a legal advisers to the shareholders of Grassfish Marketing Technologies. Redeye AB acted as a financial adviser to Vertiseit.