Speqta AB Acquires BrightBid AB
July 3, 2023
Speqta AB (publ) has completed the acquisition of BrightBid AB, an AI-based search advertising SaaS provider. The transaction was paid via an issue in kind of 17,621,411 new Speqta shares (approximately 72% on a fully diluted basis); BrightBid brings ~SEK 48 million in trailing revenues, ~420 customers and offices in Stockholm, Oslo, Copenhagen and London.
- Buyers
- Speqta AB (publ)
- Targets
- BrightBid AB
- Sellers
- Owners of BrightBid
- Industry
- Marketing & Advertising
- Location
- Sweden
- Transaction Type
- Buyout
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