An Hg Capital-led consortium completed the acquisition of a stake in Visma from KKR and Cinven at a NOK45bn valuation.

An Hg Capital-led consortium, consisting of GIC, ICG and Montagu Private Equity, completed the acquisition of a stake in Visma, a Norway-based provider of software solutions and services, from private equity firms KKR and Cinven at a NOK45bn valuation. “We have been incredibly fortunate to partner with Øystein Moan, CEO of Visma, and his exceptional management team over the last 11 years. They and we have an exciting vision for the business which sees us delivering an ever-increasing number of products and services to our millions of happy customers” said Nic Humphries, Senior Partner and Head of the TMT team at HgCapital.