Luxion Group ApS (“Luxion”), a portfolio company under GRO Capital, has today announced a recommended, voluntary and unregulated public tender offer to the shareholders in Digizuite A/S (“Digizuite”), which is listed on Nasdaq First North Growth Market Denmark. The board of directors recommends the tender offer at the offer price of DKK 8.73 per share.
The tender offer will be subject to certain customary terms and conditions, including a minimum acceptance level from shareholders of Digizuite of a least 90%. If the tender offer is completed, Digizuite expects to request Nasdaq First North Growth Market Denmark to have its shares deleted from trading.
Digizuite is a listed SaaS company specialising in digital asset management software. The company offers solutions to automate manual labour and gather digital content on one platform. Digizuite is headquartered in Denmark and has offices in the USA, Great Britain, Belgium and Ukraine.
Luxion is the global leader of product design rendering software. The company’s solutions are used to create 3D animations of products and to evaluate materials and textures ahead of production. Luxion has offices in the USA and Denmark and sales representatives in China and Germany.
The private equity fund GRO Capital invests in B2B software and technology-based businesses with strong growth prospects. GRO Capital is an active owner that develops portfolio companies to create long-term value.
Accura advised Luxion and GRO Capital in connection with the conclusion of the agreement to announce the intended tender offer for Digizuite.