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Origo hf. sells all of its interest in Tempo

LOGOS advised Origo hf. in respect to its agreement to sell all of its interest in Tempo, a leader in strategic roadmapping, time and capacity planning, and portfolio management, to Diversis Capital, a Los Angeles based private equity firm.

Icelandic solicitors

As already has been notified to the Nasdaq Iceland, the purchase price amounts to USD 195 million for a 40% ownership stake in Tempo.

It has been a pleasure to assist Origo hf. in its journey ever since Origo sold a 55% interest in Tempo to Diversis Capital in the autumn of 2018, when the enterprise value of Tempo was USD 62.5 million.