Visma Group
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
Visma Group - overview
Established
1996
Location
Oslo, -, Norway
Primary Industry
Software
About
Based in Oslo, Norway, and founded in 1996 through the merger of MultiSoft, SpecTec, and Dovre Information Systems, Visma Group Holding AS is a developer of business-critical software used by the private and public sector. The business grew gradually through acquisitions, new product offerings, and geographical expansion. In 2010, private equity firm KKR acquired a majority stake in the company, and subsequently, it entered the software consulting market in Norway, Sweden, and Denmark. The company continued to grow through geographic expansion and strategic acquisitions, and in 2020, the company has 12,500 staff members employed.
As of June 2021, the Visma Group is being led by its CEO, Merete Hverven. Visma Group Holding operates as a developer of cloud-based software-as-a-service accounting practice management, payroll, invoicing, debt collection, customer relationship management, and procurement software solutions. The company also offers consulting services. In FY 2020, the company generated NOK 18.
67 billion in revenue. Visma Group Holding AS intends to penetrate the Spanish cloud ERP & accounting software market following the acquisition of Barcelona-based startup Holded in June 2021.
Current Investors
Hg, TPG, Warburg Pincus
Primary Industry
Software
Sub Industries
Consulting Services, Web Applications, HR & Workforce Software, Application Integration Software, Accounting/Finance Software
Website
www.visma.com
Verticals
Cloud Computing
Company Stage
Mature
Total Amount Raised
Subscriber access only
Visma Group - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on, Trade Sale | Completed | WeFact | - | ||||||||
| Add-on | Completed | Digital Keez SRL | - | ||||||||
| Add-on, Trade Sale | Announced | ContaAzul Software LTDA | - | ||||||||
| Add-on, Trade Sale | Completed | Talana | - | ||||||||
| Add-on, Trade Sale | Completed | Finmatics GmbH | - |
Displaying 1 - 5 of 102
Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.