Francisco Partners-backed EG Group completed the acquisition of EasyUpdate.

Francisco Partners-backed EG Group, an IT solutions provider, completed the acquisition of EasyUpdate, a software developer. Financial terms were not disclosed. "In this industry, we know and respect each other as competitors and colleagues, and I look forward to being part of an exciting and ambitious journey with EG. Combining the best of both worlds gives us a greater potential for investing in the best possible solution for our customers," Jan Idar Vikse, EasyUpdate Founder and Owner.