AllTele Allmänna Svenska Telefonaktiebolaget (publ) (OM:ATEL A) acquired Delegate AB on May 11, 2017. AllTele will fund the acquisition from its own resources. Delegate had annual revenue of approximately SEK 6 million and EBITDA of SEK 0.7 million. Delegate's old Chief Executive Officer, Peter Saari, has been appointed as Product Director at AllTele. The deal will expand AllTele's customer base, competence and sales force. Thomas Nygren, Gustav Thorslund and Mikaela Alderhorn of Hamilton acted as legal advisors to AllTele Allmänna Svenska Telefonaktiebolaget. AllTele Allmänna Svenska Telefonaktiebolaget (publ) (OM:ATEL A) completed the acquisition of Delegate AB on May 11, 2017.