Crayon Group Holding — M&A Activity 2015

Sep 23, 2015

Crayon acquires leading SAM and ITAM player in USA

Crayon acquires leading SAM and ITAM player in USA

(Oslo, 23 September 2015) Crayon is delighted to

announce that it has acquired a majority stake in US

based SAM and ITAM experts Anglepoint. Under the

terms of the agreement, the deal will be a cash and

stock transaction for an undisclosed sum.

The deal will see Crayon, the global software

experts and leaders in the fields of SAM and volume

licensing, dovetailing its services with those of

ITAM and IP consulting experts Anglepoint to

accelerate the global provision of best in class

Software Asset Management (SAM) and IT Asset

Management (ITAM) along with cloud and volume

licensing services to their respective worldwide

customers.

Anglepoint, founded in 2009 and headquartered in San

Francisco California, seamlessly serves its Fortune

500 and Inc 1000 customers across the world from

their locations in the USA, UK, Finland, Germany and

Singapore. The company has approximately 70

employees, and delivered revenues of MUSD 10.2 and

EBITDA of MUSD 3.5 in the fiscal year ending 31

December 2014.

ABOUT CRAYON

Crayon are the global leader in Software Asset

Management (SAM), Volume Licensing and associated

Consulting and Professional Services. A global top

10 Microsoft LSP and worldwide top 3 SPLA

distributor, Crayon are trusted advisors to the

world's leading organisations and help ensure our

clients truly optimise their licensing estate and

remain compliant in the new cloud first, mobile

first world.

The Company has over 800 employees and is

headquartered in Oslo, Norway with branches around

the world.

For additional information please contact:

CEO Torgrim Takle, tel.: +47 951 40 782,

e-mail: torgrim@crayon.com

VP Finance Knut Ansten, tel.: +47 994 59 086,

e-mail: knut.ansten@crayon.com