Sinch AB (publ) announced on 7 December 2021 that it completed its acquisition of Pathwire. The purchase price was USD 1.9 billion (enterprise value), with a total cash consideration of USD 925 million and the remainder in 51 million new shares in Sinch.

In connection with the acquisition of Pathwire, Sinch has carried out, in September and December 2021, a directed issuance of 40.1 million new shares, for a total consideration of approximately SEK 6,6 billion, which was used to partially fund the acquisition of Pathwire.

Gernandt & Danielsson’s team consisted of partner Carl Westerberg, senior associate Oscar Anderson and associate Erik Källman.