Announced
Completed
Financials
Tags
Acquisition
Norway
digital consulting
Single Bidder
digital transformation
Majority
Digital Services
Private
Friendly
Cross Border
Private Equity
Completed
Synopsis
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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