Announced

Completed

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

Synopsis

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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