Osborne Clarke advises Tobii Dynavox on its agreement to acquire Rehadapt Engineering

Osborne Clarke has advised Tobii Dynavox AB (“Tobii Dynavox”), the world leader in assistive communication, entering into an agreement to acquire all the shares in the German companies EIYott GmbH and Rehadapt Engineering GmbH & Co. KG (together “Rehadapt”). 

Rehadapt is a premium provider of medically certified mounting solutions for assistive technology, including out-of-the-box and flexible solutions to support individual communication, independent mobility kits and customized accessories. Rehadapt is headquartered in Kassel, Germany with a local subsidiary and distribution center in the United States. 

Tobii Dynavox is the global leader in assistive communication. Tobii Dynavox’ custom designed solutions enable people with disabilities such as cerebral palsy, ALS, autism and spinal cord injury to communicate with a voice of their own, develop literacy skills and live more independently. Headquartered in Sweden, Tobii Dynavox employs over 600 people with offices in the US, the UK, Ireland, Norway, Denmark, Belgium, France and China, and reselling partners in 60+ countries.

Tobii Dynavox and Rehadapt have highly complementary core areas of expertise. Tobii Dynavox's core expertise is the development, sales and support of its clinically developed assistive communication, while Rehadapt’s core expertise is mounting solutions for assistive technology. By bringing together the expertise in these technologies, Tobii Dynavox can accelerate the development of solutions for the entire industry.

The total purchase consideration for all the shares amounts to EUR 15 million paid in cash, on a cash and debt free basis. Additionally, a potential earn-out consideration of up to EUR 3.5 million 12 months after closing of the transaction will be paid depending on the continued financial development of Rehadapt. Closing is subject to customary conditions which is expected to be completed in the third quarter of 2023.

The Osborne Clarke team advising Tobii Dynavox, led by Dr Björn Hürten, comprised Efthimios Detsikas, Julian Baldus, Dr Patrick Stadtbäumer (all Corporate / M&A), Dr Sebastian Hack, Katherine Kirrage, Roderick Nieuwmeyer, Susanne Schricker (all Merger Control), Dr Tim Reinhard, Konstantin Sitte, Marina Fröhlich (all IP), Dr Thomas Leister, André Braig, Leonie Madlener (all Employment), Sarah Grigo, Dennis Obermüller (both Commercial), Julia Kaufmann (IT), Thomas Schnabel and Moritz Windheuser (both Real Estate) Florian Merkle (Tax).