Sisu Partners provided a Fairness Opinion in the public cash tender offer of Avidly

Adelis Equity and Avidly announced on 12 July 2022 that they had entered into a combination agreement pursuant to which Adelis Equity undertook to make a voluntary recommended public cash tender offer for all issued and outstanding shares and special rights in Avidly.

The tender offer document is available in electronic format from 25 July 2022 onwards online in Finnish at and in English at

The price offered to Avidly’s shareholders is EUR 5.50 in cash for each issued and outstanding share in Avidly. The price offered for each issued and outstanding special right granted to certain members of Avidly’s management team under its share-based long-term incentive plan is EUR 5.49 in cash for each special right.