We are field leaders in industrial maintenance and management, as well as in facility and property management. Now we are about to secure an equally strong position within Norway’s second biggest export: aquaculture. We also offer solutions for businesses wishing to keep tabs on their energy consumption and their environmental footprint. Our user-friendly systems give all its users a complete overview of business critical tasks, thus facilitating better cooperation and streamlining operations. This ensures an efficient management of real estate and industrial assets, as well as the ability to document sustainable operations
New imagery and logo for MainManager
As a result of the sale, we are happy to show off the new logo for our product. We hope you like it and get used to the change.
Our Facebook and LinkedIn pages have also gone through a few changes, so pop by to have a look.
In early March 2021, Ørn Software acquired the Tromsø-based software company Facilit, thus gaining an impressive portfolio of new customers in the public sector in Norway
“Facilit has had impressive results and fits the Ørn portfolio perfectly. This acquisition strengthens our position nationally in the Facility Management field,” says Ørn Software’s CEO Sten-Roger Karlsen. The acquisition gives Ørn Software a 39% share of the Norwegian facility management market. The acquisition also provides Ørn with 12 highly skilled employees in Tromsø and Tønsberg. Globally, this is a rapidly-expanding business area. Even better systems for sustainable management, operations, maintenance and development of property will be required in the future.
“Facilit has developed flexible and modern software that has been well received in their part of the market. Markets where Ørn Software so far has had a relatively small presence, such as Norwegian municipalities and counties. So, market-wise we complement each other very well,” Karlsen continues.
On the 29th of March 2021 Ørn Software went public on Euronext Growth in Oslo
The IPO is a huge milestone in Ørn Software’s history of strong growth. The listing on Euronext Growth represents a solid platform on which we can build our growth story further. Over the last few years, we have continued to improve our customer proposition and broaden our geographical footprint. This combination of organic and acquisition-driven growth initiatives has led to an annual recurring revenue that on average has increased 80 % per year in the period 2017-2020.
Capital increase of NOK 250 million
CEO of Ørn Software, Sten-Roger Karlsen, emphasizes that the listing on Euronext Growth in Oslo will enable the company to continue its strong growth. Ørn Software raised NOK 250 million in new equity ahead of the listing, and attracted a range of high-quality investors, including Swedbank Robur, BI Asset Management, Aktia Asset Management, and Tar Heel Capital. Based on the offer price of NOK 10.50 per share, the market capitalization of Ørn Software is NOK 902 million, including the new shares.
Ørn Software’s largest shareholder since 2017, Viking Venture, has during the last nine months IPO’ed four of its portfolio companies – all B2B software as a service companies with M&A driven growth.
Our adventure continued in May, when we could add Landax to the family
Landax has a unique position within the Quality Management space, and its platform offers an impressive width in functionality that perfectly complements our existing portfolio. Landax represents an offering that is highly attractive for Ørn’s existing customers, and vice versa. The acquisition adds 540 new customers to Ørn Software’s portfolio, including a range of large companies within Norwegian retail, logistics and industry. The acquisition also provides Ørn with 11 highly skilled employees in Norway, and a development team in Poland.
Today, companies need to continuously increase efficiency and quality to remain competitive and relevant. Implementing digital management tools is an important step towards meeting these goals. Mega-trends like digitization, smart buildings and cities, and industry 4.0 are driving the development of new technology, allowing even more value to be created with our software solutions.
Last, but not least. Today, Ørn Software could announce the acquisition of Finish company Rapal
The acquisition adds 250 new customers to Ørn Software’s portfolio. Not only real estate companies, but also real estate tenants and architectural offices. It also provides Ørn with 70 highly skilled employees in Espoo, Finland, and a subsidiary in San Francisco. The US business is primarily focused on workplace analytics and smart office solutions. This gives consultants and architects access to tools used in the design phase of building projects to optimize space utilization.
“Through the acquisition of Rapal, Ørn Software continues to execute on its geographical expansion and growth plan. Rapal’s offering is highly complementary to Ørn’s real estate platform, with best-in-class solutions for lease, space and workplace management. Rapal’s Smart office solution meets the post-Covid demands perfectly, empowering companies to ensure a safe return to a more dynamic and flexible workplace”
Sten-Roger Karlsen, CEO Ørn Software
The acquisition of Rapal represents Ørn Software’s first step into Finland. After the acquisition of Rapal, we will be represented in all the Nordic countries. This will give us huge cross-selling opportunities in each region and across borders.
“I am excited to start working with Ørn. It was obvious from the very beginning that there is no overlap in our offering, neither geographically nor in terms of content, even though the customer segments are the same. This offers us great possibilities to provide our customers with a unique and versatile product portfolio. As the CEO and main owner of Rapal for over thirty years, I am particularly happy to join the Ørn family, which I find very professionally managed and share same vision as we do; to be a recognized and leading SaaS-provider in the fragmented space and occupancy management markets in Europe,”
https://mainmanager.com/wp-content/uploads/2021/08/mainmanagerLOGO.png00Gro Teighttps://mainmanager.com/wp-content/uploads/2021/08/mainmanagerLOGO.pngGro Teig2021-06-25 20:31:392021-06-25 20:31:41The Ørn Software family is growing!
At the end of December 2020, the Norwegian software company View Software bought all shares in MainManager ehf. The companies have now merged under the name Ørn Software.
From ultimo April, MainManager’s company name will be changed to Ørn Software ehf. The registration number/Kennitala does NOT change as we are only changing our name. The name change is part of establishing a common vision and values of all companies within the Ørn Software family. Ørn Software has succeeded well in the M&A market. We had four acquisitions in 2020 alone: Pixelwerk, Avector, MainManager and Entro IT, in addition to Facilit in 2021. Together we use our strengths to create a comprehensive range of information technology solutions and strengthening business services.
We give you the big picture. That is why we from 2021 onwards will be called ØRN Software.
The king of the sky has an eyesight eight times more powerful than that of humans. The eagle flies higher than any other bird and can rotate its head 210 degrees. It has two focal points in its eyes, so that it can look both straight ahead and sideways at the same time!
In the same manner, we help our customers to both see the tiny details as well as the whole picture.
Ørn Software offers SaaS (Software as a Service) solutions with an emphasis on real estate and quality management as well as solutions for energy efficiency and sustainability. There is a great demand for digital solutions that contribute to increased efficiency in real estate management. We are fully involved in the exciting development that is taking place in the industry.
We are a fast-growing company and have doubled the turnover last year with over 1,200 customers in the Nordic region, aiming to be a Nordic leader in our core areas. We are also entering foreign markets.
On March 29th, 2021, Ørn Software was listed on Euronext Growth in Oslo. The company raised NOK 250 million in new equity ahead of the listing, which enables the company to continue to grow. This way we can offer our customers an even more diverse range of solutions and services. Read that story here!
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