House of Control Group AS agreed to acquire Egreement AB on September 14, 2021. Egreement has annual recurring revenue (ARR) of SEK 12.7 million from more than 300 customers and 1,600 users across all types of industries, mainly in Sweden. The transaction values Egreement at 3.5 times ARR on a debt-free basis, which will be settled in cash upon closing, in addition to an earn-out element capped at SEK 20 million depending on future financial development. Moritz Veller and Fredrik Gillgren of Advokatfirman Lindahl acted as legal advisors to House of Control Group AS (OB:HOC) House of Control Group AS completed the acquisition of Egreement AB for SEK 43.3 million on September 24, 2021.