EG Software

Sector: Software

Business Overview:

  • Leading enterprise software company operating across the Nordic region
  • Product offering includes payroll, workflow and billing solutions tailored to clients’ sectors
  • Focus on core verticals including public institutions, utilities, construction / manufacturing, retail / services, healthcare and transportation
  • Serves 9,500 customers across the Scandinavian SME market and Danish public sector
  • Successfully completed eighteen M&A transactions over the last ten years

Investment Highlights:

  • Top 3 positioning across all key segments - ‘vertical’ focus acting as a differentiator in a market generally offering broader solutions across sectors
  • Diversified SME client base combined with larger, longstanding, blue-chip customers
  • Deeply embedded product with ~65% recurring revenues from a subscription-based business model
  • Robust track record of organic and inorganic growth with strong positioning for future buy-and-build activity
  • Top-tier sponsor with extensive experience in the technology sector