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New Deal


Announced

Completed

EG completed the acquisition of Orn Software.

Financials

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Transaction Value£75m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales3.5x
EV/EBITDA30.24x
Share Price Premium-
One Off Charge-

Tags

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Single Bidder

software

Acquisition

Private

Friendly

Norway

Software

Majority

Domestic

Completed

Synopsis

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EG, an IT solutions provider, completed the acquisition of Orn Software, a software company, for $92m. "Orn Software has built a strong presence in the Real Estate and Facility Management area through ten acquisitions. EG can support the Orn Software management team to continue their acquisition journey and help them to integrate the companies they have already acquired, " Mikkel Bardram, EG CEO.

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