Announced

Completed

Visma completed an investment in SC Intelligent IT.

Synopsis

Visma, a software company, completed an investment in SC Intelligent IT, a software company in Bucharest. Financial terms were not disclosed. "Visma’s mission is to help companies and organisations improve productivity and enhance services through digitalisation, integration and automation of business processes. Visma as shareholder will strengthen SmartBill as a provider of cloud business software to Romanian businesses. SmartBill will also expand Visma’s cloud SMB footprint in Central Europe. We are now also looking forward to entering the Romanian market, and expect to gain significant traction here over the coming years," Jostein Håvaldsrud, Visma Product Director.

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