Hall & Wilcox advises NASDAQ Stockholm-listed Tobii Dynavox on acquisition of Link Assistive
Hall & Wilcox advised Tobii Dynavox AB (publ), a Swedish company and global leader in assistive communication listed on the Stockholm stock exchange, on its acquisition of Link Assistive Pty Ltd, the leading supplier of communication aid solutions in Australia and New Zealand.
Tobii Dynavox’s state-of-the-art communication solutions, including apps, speech generating devices and eye trackers, empower individuals with disabilities to communicate effectively and live independently.
The acquisition, worth approximately $13 million, includes the purchase of 100% of the assets from Link Assistive and the shares of a New Zealand company owned by the same vendors. The deal sees Tobii Dynavox strategically positioned to tap into Australia’s robust assistive communication market and expand its presence in New Zealand, capitalising on significant market opportunities.
Led by Partner Oliver Jankowsky, a cross-practice team at Hall & Wilcox delivered comprehensive legal support throughout the transaction.
Their expertise encompassed strategic advice on acquisition structuring, regulatory guidance and meticulous due diligence across corporate and commercial, employment, tax and property domains.
The team consisted of Lawyers Brooke Lynskey and Anne Utecht in Corporate and Commercial, Partner Karl Rozenbergs, Special Counsel Alexandra Gallagher and Lawyer Laura D’Aprano in Employment, Partners Frank Hinoporos and Jim Koutsokostas, Senior Associate Gloria Lim and Lawyer Sara Shahin in Tax, Partner Jane Baddeley in Property and Partner Alison Choy Flannigan and Lawyer James Blok in Regulatory Advice.
Additionally, the team facilitated the establishment of a wholly owned Australian subsidiary to facilitate the purchase and advised on, prepared and negotiated transaction documents.
Reflecting on the deal, Oliver Jankowsky shared, ‘Working on this cross-border transaction was truly rewarding, enabling us to provide effective guidance to Tobii Dynavox. Their commitment to enhancing communication for individuals with disabilities resonates with Hall & Wilcox’s dedication to supporting our community through the provision of significant pro bono services. As Tobii Dynavox maintains its leadership in the assistive communication market, we take pride in being part of this significant milestone in their journey.’
Terie Theis, General Counsel Tobii Dynavox, said, ‘It has been a pleasure working with Hall & Wilcox during this transaction. We highly value their expertise and appreciate the advice they have given throughout the process. With the acquisition of Link Assistive, Tobii Dynavox will get closer to customers in Australia and New Zealand and empower even more people with voices.’
Hall & Wilcox is a leading independent law firm. We have more than 1,100 people, including 135+ partners, working across eight offices. We build partnerships with and service corporate, public sector and private clients, both Australian-based and international.