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SpectrumOne AB M&A Activity 2020

Mar 3, 2020

8586_rns_2020-03-03_4554bf0c-81ad-41ad-b481-694ce2b868f9.html

M&A Activity

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TargetEveryone has closed acquisition of BizWell Sweden AB

TargetEveryone has closed acquisition of BizWell Sweden AB

TargetEveryone has closed the acquisition of BizWell Sweden AB ("BizWell") as

announced on February 20, 2020.

BizWell, a prime data provider company with a strong financial history and some

very compelling potential to further develop the business scope is now part of

TargetEveryone. Having identified several growth potentials for the ongoing

business at BizWell we also intend to combine the strength of our product

SpectrumOne to

· onboard significant clients to SpectrumOne

· further develop the go-to-market strategy for BizWell

· broaden the offers to clients

· form partnerships with relevant players in the market

TargetEveryone CEO Hosni Teque-Omeirat said "I am satisfied our due diligence

confirmed our initial analysis of BizWell. We will now continue our handover and

ensure that that the takeover is handled efficiently. It´s also of great

advantage the former owner will support us to execute on the growth plans we

have identified for BizWell the next months. By merging these businesses, we

create synergies we could not have done by ourselves and moreover design a

business model that is very attractive to existing and potential clients".

For further information contact:

Hosni Teque-Omeirat

CEO

+46 70 225 18 77

[email protected]

Certified Adviser:

Mangold Fondkommission AB (556585-1267)

Box 55 691 102 15 Stockholm

Telefon: +46 8 503 015 50

[email protected]

www.mangold.se

About TargetEveryone

TargetEveryone is a MARTECH company, enabling our clients to streamline their 1

-1 digital marketing, content and experiences within one SaaS online platform.

Our unique solution makes marketeers able to easily target exactly the customers

they want, and communicate with them in the channels they prefer, to maximize

ROI. Our clients can easily segment their customers based on CRM data, market

data and transactional data. Further, they can use a campaign editor to quickly

build campaigns, and distribute these through our multichannel distribution

system either by Email, SMS or SMS landing pages. TargetEveryone´s headquarter

is in Oslo, with branch offices in Sweden, Holland and USA. TargetEveryone is

listed on Nasdaq First North Growth Market in Stockholm and Merkur Market in

Oslo.

www.targeteveryone.com