The American investment firm Capital Group has acquired 6.1 percent of the Swedish eyetracking company.
Last week Breakit reported that Northzone and Amadeus Capital Partner, among others, sold $30 million (253 milllion SEK) worth of Tobii shares. The deal meant that one single buyer acquired 4.9 percent of the company. Breakit can now reveal that the new buyer is the American investment giant Capital Group. This is a minor investment for the group which manages assets worth an astounding $1.39 trillion, and has more than 7,000 employees.
“We have been informed that the buyer is Capital Group which already holds a small part of the company”, Sara Hyléen, head of communications at Tobii says.
After the transaction Capital Group owns 6.1 percent of Tobii, thus becoming the third largest owner after the Wallenberg-owned company Investor and Swedbank Robur.
“We are very happy, the Capital Group is a well-respected and renowned owner. We are also working actively to broaden the shareholders base, both in Sweden and internationally”, Sara Hyléen says.
The deal was made at a price of SEK 58 per share and comprised 4.99 percent of the shares, according to shareholder service Holdings. The figures are now confirmed by Sara Hyléen. This means that the Capital Group payed a quarter of a billion to become the third largest owner of Tobii.