We are pleased to have acted as legal advisors to EG in entering into a transaction agreement with Ørn Software whereby EG Norge AS intends to launch a voluntary offer for all outstanding shares in Ørn Software Holding AS. Through a successful completion of the voluntary offer, EG Norge AS will acquire all outstanding shares of Ørn Software Holding AS at a price of NOK 6.25 per share.
EG is a market leading vendor of Nordic vertical software for private and public customers. EG's Software-as-a-Service offerings are developed by specialists with deep industry and domain knowledge, supporting business-critical and administrative processes. Ørn Software is a Nordic provider of SaaS solutions enabling efficient operations and maintenance across a wide range of asset-heavy industries, including real estate, manufacturing, food & beverages, and aquaculture.
We congratulate all parties involved. Our core team consisted of Knut Martinsen, Daniel Antonsson, Anne Kathrine Sande, Christopher Hestnes and Svein Terje Tveit.
Read the full press release here.