Meltwater N.V. is set to be acquired by MW Investment B.V. at NOK 18 per share, reflecting a premium of 36%, backed by Altor and Marlin, aiming to take the company private and enhance its growth potential in the media intelligence sector.

Information on the Target

Meltwater N.V. ("Meltwater") is a leading company in social media and media intelligence, founded in Oslo, Norway in 2001. The company analyzes approximately one billion online documents daily, enabling public relations, communications, and marketing professionals to make informed strategic decisions based on data insights. Boasting 50 offices around the globe, Meltwater has a workforce of 2,300 employees and caters to 27,000 corporate clients across various industry sectors.

On January 18, 2023, Meltwater announced a voluntary offer from MW Investment B.V. (the "Offeror") to acquire all outstanding shares at NOK 18.00 per share. This offer reflects a considerable premium of 36% compared to the last traded price as of January 18, 2023, and 135% over the price from September 14, 2022, prior to the strategic review announcement. The acquisition aims to transition Meltwater into a private company.

Industry Overview in Norway

The media intelligence software sector in Norway has experienced significant growth, driven by the increasing importance of digital communication and analytics for businesses. Companies are leve