Announced
Completed
Financials
Sources
Tags
Cross Border
Friendly
Private Equity
Completed
Majority
Single Bidder
Norway
software development
Acquisition
Software
Private
Synopsis
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.
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