Go to deals
TMT

iCast has been acquired by Storytel

The private shareholders of iCast Ltd. have sold the company to Storytel Sweden AB.

iCast is a provider of audio content intended for playback through their website or for download to a mobile device and offline listening. iCast offers music, science, technology, sports, family and Judaism content, which is uploaded to its website and mobile apps from a number of different sources. iCast is a first mover and leader in the emerging Israeli audiobook market. Originally founded and launched as a podcast service in 2006, the firm initiated its deployment into the audiobook arena in 2010, entering into agreements with local publishers before launching Israel’s first audiobook service the following year.

Storytel was founded in 2005 by Jonas Tellander and Jon Hauksson. After the merger with Massolit Förlagsgrupp in 2015 the company was listed on the stock market (Aktietorget). Today the Storytel Group consists of two business areas, streaming and publishing. Streaming is a subscription-based service, offering audiobooks and e-books under the Storytel brand. The service is currently available in Sweden, Norway, Denmark, the Netherlands and Poland. The publishing business consists of the publishing houses Massolit and B. Wahlstrom.

Oaklins’ team in Israel acted as lead advisor to the seller and the management of iCast in the preparation of the sale process and due diligence and assisted them until closing.

Service
M&A sell-side
Parties

Talk to the deal team

 Boaz  Levi

Boaz Levi

Partner

Tel Aviv, Israel
Oaklins Rosario
 Yuval  Lipkin Shahak

Yuval Lipkin Shahak

Analyst

Tel Aviv, Israel
Oaklins Rosario

Related deals

ScreenPoint Medical has raised US$28 million in a Series C investment round led by Insight Partners
Healthcare | TMT

ScreenPoint Medical has raised US$28 million in a Series C investment round led by Insight Partners

Netherlands-based ScreenPoint Medical, an AI technology company that develops advanced image recognition and machine learning software to improve early detection of breast cancer, has raised US$28 million (€24 million) in a Series C funding round led by New York-based global venture capital and private equity firm Insight Partners to further develop its technology and accelerate commercial growth of the company’s Transpara AI breast care software.

Learn more
esignatur has been acquired by Scrive
Private Equity | TMT

esignatur has been acquired by Scrive

esignatur has been acquired by Scrive, a portfolio company of Vitruvian Partners. esignatur and Scrive both specialize in digital signing solutions and complement each other with strong geographical and sector reach.

Learn more
GAC Business Solutions has been acquired by Broad Horizon
TMT

GAC Business Solutions has been acquired by Broad Horizon

GAC Business Solutions, the leading digital transformation partner in the Dutch market, has been acquired by Dutch IT company Broad Horizon B.V. By joining forces, GAC and Broad Horizon will be better equipped to serve customers, employees and other stakeholders, and will be able to expand their client base in the Benelux market, hereby becoming the Microsoft market leader for Business Central within this region.

Learn more