At what enterprise value was EG acquired in 2019?

During the acquisition of EG by FRANCISCO PARTNERS in 2019, the company was valued at an estimated revenue multiple of below 5x. The transaction's Enterprise Value is estimated to be in the range of 3b - 100b DKK. By registering for free, you get access to complete and exact transaction details including enterprise value, revenue, and EBITDA. Additionally, our database shows that the TMT (Tech, Media, Telecom) industry currently tracks an average EBITDA multiple of 14.8x, providing a valuable benchmark for this transaction.

What was the EV/EBITDA of EG when it was acquired by FRANCISCO PARTNERS?

The estimated EV/EBITDA multiple for EG is in the range of 10x - 18x. For comparison, the TMT (Tech, Media, Telecom) sector currently shows an average EBITDA multiple of 14.8x. Join our community for free to access full valuation data and industry trends.

When was EG acquired by FRANCISCO PARTNERS?

EG was acquired by FRANCISCO PARTNERS in 2019.

What was the revenue of EG at the time of the deal?

The revenue of EG at the time of the deal is estimated to be in the range of 1b - 3b DKK. Register for free to access the full transaction report and exact valuation multiples.

What was the EBITDA of EG during the acquisition?

EG's EBITDA is estimated to be in the range of 250M - 500M DKK. Join our community for free to access complete and exact deal data.

What is Enterprise Value (EV)?

Enterprise Value (EV) is a measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization. EV includes in its calculation the market capitalization of a company but also short-term and long-term debt as well as any cash on the company's balance sheet.

What is the EV/EBITDA multiple and why is it used?

The EV/EBITDA multiple is a financial ratio that compares a company's Enterprise Value (EV) to its Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA). It is widely used in M&A and valuation because it allows for comparisons between companies with different capital structures and provides a clear view of operational profitability.

How is the data for the EG acquisition sourced and is it reliable?

Mynth data is contributed by a professional community of M&A and Private Equity experts. Each transaction, including the EG deal, is systematically cross-verified by our team using private deal documents and official sources. You can also find the official press release for this transaction here: https://www.franciscopartners.com/media/francisco-partners-completes-acquisition-of-eg

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Home Database TMT (Tech, Media, Telecom)EG

06/2019

EG acquired by FRANCISCO PARTNERS

DENMARK Software / Industry-Specific Software EV 3b - 100b DKK

Context

Francisco Partners announced the completion of its acquisition of EG, concluding a process that had been disclosed publicly in June 2026. EG is a Danish‑based provider of enterprise software and digital services with a client portfolio spanning manufacturing, utilities and financial services. The target has been operating for over two decades, delivering a suite of modular applications that support core operational processes, data analytics and cloud migration initiatives. The transaction was executed under standard merger‑control approvals and reflects a continuation of Francisco Partners’ disciplined approach to expanding its technology‑focused investment platform in Europe. From the buyer’s perspective, the acquisition aligns with Francisco Partners’ strategic imperative to deepen its footprint in the Nordics and to augment its existing portfolio of software and infrastructure assets with a company that possesses both deep domain expertise and a scalable recurring‑revenue model. EG’s established relationships with large‑scale industrial enterprises provide a conduit for cross‑selling complementary solutions held by other portfolio companies, while its engineering talent pool enhances the firm’s capacity to accelerate product innovation. The logic of integration is predicated on leveraging synergies in go‑to‑market execution, consolidating back‑office functions and exploiting economies of scale in cloud hosting and data‑center services. The integration plan anticipates the preservation of EG’s senior management team to ensure continuity of client engagements and to safeguard the proprietary knowledge embedded in its development pipelines. Post‑close, Francisco Partners intends to allocate capital to accelerate EG’s roadmap for artificial‑intelligence‑enabled modules, broaden its geographic coverage beyond the Danish market and standardize its delivery methodology across the broader portfolio. Operationally, the combined entity is expected to realize incremental cost efficiencies through shared services, while simultaneously generating revenue uplift by offering an expanded, end‑to‑end technology stack to existing and prospective customers.

EG, which reported an EBITDA margin of LOGIN in 2019, is valued in this transaction at an EV/EBITDA multiple of LOGIN, representing a LOGIN to the average currently observed in the TMT (Tech, Media, Telecom) sector (14.8x).

Note that this data is based on contribution from our growing community, composed of M&A and Private Equity professionals, and has been verified by our team to ensure its accuracy.

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Target

EG is one of Scandinavia’s leading vertical software providers, specialising in industry-specific solutions designed to address the operational needs of public and private sector organisations. Headquartered in Copenhagen, the company supports more than 20,000 customers through mission-critical software platforms that help organisations improve productivity, automate workflows and manage their daily operations more efficiently. With operations across Scandinavia and Poland, EG develops tailored software solutions for a broad range of industries, including healthcare, construction, energy, utilities, retail, property management, transportation, logistics and legal technology. The company’s approach is based on building software alongside industry professionals, ensuring that its solutions are closely aligned with the specific requirements and challenges of each sector. EG’s platforms enable organisations to streamline processes, reduce administrative complexity and make better-informed decisions through specialised digital tools. The company is increasingly integrating advanced technologies, including artificial intelligence, directly into its software solutions to automate tasks, enhance user experiences and improve operational efficiency.

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REFERENCES

Valuation range: EV 3b - 100b DKK

Revenue range: 1b - 3b DKK

EBITDA range: 250M - 500M DKK

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of EG by FRANCISCO PARTNERS are reserved for mynth community members. Register for free to unlock full data.

Authors: verified mynth contributor (mynth data is contributed by M&A / PE professionals and systematically cross-verified with private deal documents and official press releases).

Press release: view release

Target: eg

Acquirer: francisco partners