SoftwareOne and Crayon have agreed to combine, driving additional growth and significant value creation for shareholders.
The software and cloud solutions provider will launch a recommended voluntary stock and cash offer to acquire all outstanding shares in Crayon, with shareholders to be offered 0.8233 new shares in SoftwareOne and NOK 69 in cash for each Crayon share.
Founding shareholders have given their full support of the transaction, holding 29% and 5% of the share capital, respectively.
Completion of the transaction expected in Q3 2025, subject to customary conditions.
The combined company will be able to capitalise on the USD 150 billion addressable market, creating a larger marketplace and enhancing its differentiated services offering.
Daniel von Stockar, Founding Shareholder and Chairman of the Board of Directors of SoftwareOne, said: “This is a unique opportunity to bring together our complementary businesses, highly qualified teams and shared values based on entrepreneurial spirit.”