Visma Norge Holding AS agreed to acquire House of Control Group AS (OB:HOC) from Viking Venture AS, Luxor Capital Group, LP, Bjørk Invest As, Akkar Invest AS, Fiwe AS, Dunvik As, Nikfan As and others for NOK 11.2 per share on September 26, 2022. The deal is condition upon minimum tender of 90% and regulatory approval. The Board of Directors of House of Control unanimously recommends the shareholders of the company to accept the offer. As of November 1, 2022, the transaction has received clearance from the Norwegian Competition Authority (Nw. "Konkurransetilsynet"). The offer period is expected to commence no later than September 30, 2022 and continue for a period of 4 weeks, subject to any extensions. The offer period will expire on October 31, 2022.

Danske Bank Norwegian Branch is acting as financial advisor and receiving agent and Advokatfirmaet Wiersholm AS is acting as legal advisor to Visma Norge Holding AS. ABG Sundal Collier ASA and Pareto Securities AS are acting as financial advisors and Advokatfirmaet Thommessen AS is acting as legal advisor to House of Control Group AS.

Visma Norge Holding AS completed the acquisition of House of Control Group AS (OB:HOC) from Viking Venture AS, Luxor Capital Group, LP, Bjørk Invest As, Akkar Invest AS, Fiwe AS, Dunvik As, Nikfan As and others on November 15, 2022. As of settlement of the offer, the offeror holds 55,945,508 shares, representing approximately 98% of the share capital and intends to effect a compulsory acquisition of the remaining shares at a price equal to the offer price of NOK 11.20 per share.