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Announced

Francisco Partners-backed EG completed the acquisition of EnerKey from Vaaka Partners.

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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Cross Border

software development

Majority

Application software products

Friendly

Finland

Completed

Private Equity

Payments / Commerce

saas solutions

Software

Acquisition

Private

Synopsis

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Francisco Partners-backed EG, a industry-specific software supplier, completed the acquisition of EnerKey, a company that delivers vertical software, from Vaaka Partners, a private equity firm. Financial terms were not disclosed. "With the addition of EnerKey, EG will be able to support and strengthen the offerings for our customers in their strides towards becoming increasingly sustainable and carbon neutral," Mikkel Bardram, EG CEO.

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