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New Deal


Announced

Completed

Visit Group completed the acquisition of VisBook from Standout Capital and Selbekk Invest.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Completed

Cross Border

Acquisition

Software

Private

Friendly

Single Bidder

Majority

Norway

property management platform

Productivity Software

Synopsis

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Visit Group, a provider of digital e-commerce, packaging and distribution platforms for the tourism industry, completed the acquisition of VisBook, a developer of property management systems, from Standout Capital, a growth-oriented private equity firm, and Selbekk Invest. Financial terms were not disclosed. "We are humbled by the confidence shown and excited to continue developing VisBook to an even better product and fit into Visit Group´s digital ecosystem. Being an independent business area within Visit Group empowers us to continue our mission to enable customers to focus on the guests through technology. In parallel, we can secure a seamless integration to our customers’ most important sales channels," Øystein Selbekk VisBook CEO and Co-Founder.

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