News

May 21, 2021

Ørn acquires the SaaS company Landax

Translink Corporate Finance has advised the owners of Landax AS, a provider of Quality Management Software, on the sale of their shares to Ørn Software AS.

Landax was established in 2005 and had a turnover of € 3.1 million in 2020 with 11 employees and approximately 550 customers. Landax develops software for quality management. The company has an ARR of € 2.1 million.

Ørn Software, listed on Euronext Growth as of March 2021, is a Nordic provider of SaaS solutions. Viking Venture is the largest shareholder of Ørn Software. The company had an ARR in 2020 of € 10.7 million, after delivering a yearly growth of 73% in 2017-2020.

Translink Corporate Finance acted as exclusive M&A advisor to the shareholders of Landax AS on this transaction.

Contact our Team Members advising in this transaction:
About Translink Norway

Translink Corporate Finance Norway/ Synergos AS is located in Oslo, Norway. It is composed of 5 seasoned finance and M&A professionals who have in-depth experience in a variety of sectors and disciplines.

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