ECIT AS (OB:ECIT) entered into an agreement to acquire 50.1% stake in Evercom AS on October 10, 2023. It includes an option agreement to acquire the remaining 49.9% of the shares. Evercom will enter the IT division in ECIT.

The transaction is subject to regulatory approval and completion of the transaction and a closing announcement can, subject to regulatory approvement, be expected in 4th quarter 2023. For FY 2022, Evercom AS has 20 employees and a revenue of NOK 112.1 million.