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.