Techstep - Private Placement NOK 100m

Arctic Securities acted as Joint Bookrunner in the NOK 100 million private placement in Techstep ASA on 20 May 2021. Techstep combines mobile device management, software, hardware and connectivity into a managed service. This enables enterprises and their employees to do their work across mobile devices and locations with a high degree of security and operational stability. The net proceeds from the transaction will be used to finance the acquisition of Famoc S.A. and for general corporate purposes. The private placement was fully underwritten by Datum AS, Middelborg Invest AS and Karbon Invest. Congratulations to Techstep on the successful transaction!

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