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Announced

Completed

Francisco-backed EG completed the acquisition of Holte.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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software developer

Software

Norway

construction software

Majority

Acquisition

Private

Single Bidder

Private Equity

Friendly

Completed

Synopsis

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Francisco-backed EG, a Danish industry-specific software provider, completed the acquisition of Holte, a Norwegian construction software developer. Financial terms were not disclosed. “By combining EG's and Holte's product portfolio we can deliver the best solution to manage the complex processes and data flow within the construction industry. I am impressed with Holte's deep knowledge of the construction industry and how they have digitized every step of the construction process. I look forward to welcoming Holte's employees to the EG family,” Mikkel Bardram, EG CEO.

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