Optimus BidCo AG Acquires Majority Stake in OTRS AG

OTRS AG announced a strategic agreement with Easyvista SAS's Optimus BidCo AG acquiring a 75.08% stake in the company. At EUR 17 per share, this transaction marks a significant premium of 158.1% over the three-month volume-weighted average price. The acquisition involves major shareholders VBGM GmbH and UX3 GmbH, contributing 69.28% of the share capital. Part of the payment is structured as shares in Easyvista Holding SAS, ensuring integration into Easyvista's broader ambitions.

Optimus BidCo AG plans a public takeover for remaining shares, maintaining the EUR 17 offer per share. This move could involve a delisting and potential domination agreement, aligning with their strategic aim to boost presence in the IT service management sector. The transaction is expected to close within a month, pending customary conditions.