House of Control Group AS (OB:HOC) entered into an agreement to acquire Keyforce AS on October 29, 2021. The transaction values Keyforce at 2.93 times ARR on a debt-free basis, which will be settled in cash upon closing, in addition to an earn-out element capped at NOK 10 million depending on future ARR growth. Keyforce Chief Executive Officer Terja Nostdahl will join the House of Control team. House of Control Group AS (OB:HOC) acquired Keyforce Norge AS on November 3, 2021. The consideration will be paid as 42.5 million in cash.