CMS advises SaaS provider F24 Nordics on acquisition of service messaging firm Blue Idea

Frankfurt/Main – F24 Nordics AS, a Scandinavian unit of the F24 Group, has acquired Blue Idea ApS, a leading SaaS provider for service messaging in the Nordic countries. The F24 Group is a leader in providing SaaS services for business messaging, emergency notifications, and incident and crisis management in Europe. The target company, which is based in Silkeborg (Denmark), develops and distributes proprietary software for service messaging. The software enables information and emergency notifications to be delivered to specific customers, employees or citizens quickly and efficiently by SMS or via other communication channels. The acquisition will allow F24 to further expand its leading market position in the Nordic countries. More details of the transaction were not disclosed.

A CMS team headed by lead partner Dr Hendrik Hirsch, together with CMS Norway and supported by law firms Lundgrens in Denmark and Wistrand in Sweden, advised F24 on all legal aspects of the acquisition. F24 is a longstanding CMS client. It regularly relies on the expertise of the team led by CMS partner Hendrik Hirsch in add-on transactions.

CMS Germany

Dr Hendrik Hirsch, Lead Partner
Dr Berrit Roth-Mingram, Counsel, both Corporate/M&A
Moritz Pottek, Senior Associate, Antitrust, Competition & Trade

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