Francisco Partners Acquires EG from Axcel for DKK 3.7 billion

EG Acquires Ørn Software Holding AS

August 1, 2022

Cloud & SaaS

EG, a Nordic vertical software company, completed the acquisition of Norwegian SaaS provider Ørn Software Holding AS on 1 August 2022 after receiving required regulatory approvals. The deal brings Ørn's ~160 employees and suite of SaaS products for real estate, energy & sustainability, maintenance and quality control into EG's portfolio to expand its industry-specific SaaS capabilities across the Nordics.

EG Acquires Lindbak Retail Systems AS

June 3, 2019

Software

Danish software company EG has acquired Norwegian retail software firm Lindbak Retail Systems AS, marking EG's first acquisition under the ownership of Francisco Partners. Lindbak will operate as an independent business area within EG, with its management and ~130 employees transferring to EG to strengthen EG's retail software capabilities across Scandinavia.

Francisco Partners Makes Strategic Growth Investment in Accela

September 6, 2023

Government & Public Sector

Accela, a provider of cloud-based government software, received a strategic growth investment from Francisco Partners while Berkshire Partners remains a significant, equal equity investor. The undisclosed capital will be used to accelerate Accela's product and market growth as the company expands its civic cloud platform for state and local governments.

Francisco Partners Acquires Consignor Group for NOK 1.5 Billion

July 31, 2020

Software

Francisco Partners has acquired a majority stake in Consignor Group for NOK 1.5 billion. Consignor, a Nordic delivery-management software provider headquartered in Oslo with ~170 employees, will continue to be led by founder Peter Thomsen who retains a 30% stake; Francisco Partners said it will support accelerated product development and growth, including acquisitions.

Francisco Partners Makes Strategic Growth Investment in Paradigm

October 13, 2021

Software

Francisco Partners has made a strategic growth investment in Paradigm, the software group that manages PracticePanther, Bill4Time, MerusCase and Headnote, to support product innovation and continued growth. Paradigm, formed by ASG and backed by Alpine Investors, will use the capital and Francisco Partners' software and payments expertise to expand its product suite and accelerate adoption among law firms; the transaction is expected to close in Q4 with terms undisclosed.

ESG Acquires CUBS to Expand into Denmark

April 29, 2025

Cloud & SaaS

ESG, a global energy SaaS provider, has acquired CUBS, a Danish provider of cloud-based billing solutions for utilities and electric mobility providers. The deal expands ESG's presence into Denmark and brings CUBS' market-leading billing platform (used by ~30% of Danish electricity retailers) into ESG's global energy software portfolio.