SoftwareOne to Acquire Crayon in Strategic Combination

SoftwareOne Holding AG and Crayon Group Holding ASA have announced a strategic merger. SoftwareOne will launch a voluntary offer to acquire all outstanding shares of Crayon through a combination of stock and cash, valuing Crayon at a 36% premium. The move is expected to strengthen their position as global leaders in software and cloud solutions.

The combined entity will boast approximately CHF 1.6 billion in revenue, an expansive global presence, and a workforce of 13,000 employees. Key synergies, estimated at CHF 80-100 million in cost savings, are anticipated within 18 months post-completion, with significant revenue opportunities also identified.

The transaction highlights include the appointment of Crayon's leaders to high-level positions within SoftwareOne and an expected EPS accretion of 25%. The merger is set for completion in Q3 2025, subject to approvals.