VisBook AS
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VisBook AS - overview
Established
1995
Location
Goteborg, -, Sweden
Primary Industry
Software
About
VisBook AS is a Sweden-based software company that provides a cloud-based Property Management System (PMS) tailored for the hospitality sector, enhancing operational efficiency and guest experiences through integrated solutions. Founded in 1995 and headquartered in Goteborg, Sweden, VisBook AS specializes in developing software for the hospitality industry. The company was acquired by Visit Group International AB in April 2022, allowing for further enhancements to its booking software platform. Oystein Selbekk currently serves as the CEO.
VisBook offers a comprehensive cloud-based Property Management System (PMS) designed specifically for the hospitality industry. This all-in-one solution integrates various hotel operations, including booking management, accounting, restaurant services, and spa management, into a single platform. By providing seamless connectivity between different departments, VisBook enhances operational efficiency and simplifies guest interactions. The system is tailored for a diverse clientele that includes hotel groups, boutique hotels, and bed-and-breakfast establishments across international markets, particularly in Scandinavia, with noted usage in Sweden and Norway.
End users benefit from real-time updates in housekeeping, streamlined check-in and check-out processes, and efficient restaurant and spa management, ensuring a high-quality guest experience from booking to post-stay services. In the most recent fiscal year 2022, VisBook generated revenue of USD 6. 32 mn and reported an EBITDA of USD 1. 26 mn.
Following its acquisition in April 2022, VisBook AS plans to leverage its new ownership to further develop its PMS capabilities and enhance integration across various channels. The company aims to expand its market presence beyond Scandinavia, with specific targets for new geographic regions to be detailed in future strategic announcements. The recent acquisition will support these initiatives by enabling the company to enhance its software offerings and improve its operational infrastructure.
Current Investors
Standout Capital
Primary Industry
Software
Sub Industries
Accounting/Finance Software, Application Integration Software, Systems Management Software
Website
www.visbook.com
Verticals
Cloud Computing, EdTech
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
VisBook AS - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Completed | VisBook AS | - | ||||||||
| Buyout | Completed | VisBook AS | - |
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