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Announced

Completed

CVC Capital Partners completed the acquisition of the digital transformation business of Visma for $833m.

Financials

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Transaction Value£690m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Norway

digital consulting

Single Bidder

digital transformation

Majority

Digital Services

Private

Friendly

Cross Border

Private Equity

Completed

Synopsis

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CVC Capital Partners, a global alternative investment manager, completed the acquisition of the digital transformation business of Visma, a European supplier of business-critical software, for $833m. "We believe this is a great outcome for all parties, enabling the IT consulting business to develop even faster and better as an independent entity. For Visma this means even sharper focus on our core business going forward, and additional funds to pursue our ambitious growth strategy," Merete Hverven, Visma CEO.

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