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New Deal


Announced

Aars to acquire the cloud infrastructure services division from Visma.

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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Norway

Software

Acquisition

Majority

Domestic

cloud infrastructure solutions

Private

enterprise software

Friendly

Single Bidder

Pending

Synopsis

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Aars, a financial service company, agreed to acquire the cloud infrastructure services division from Visma, a developer of a SaaS-based enterprise software. Financial terms were not disclosed. “Aars has expressed a clear ambition to strengthen its presence in IT and related services, and I am convinced that they will be a good owner for our CIS businesses. For Visma, this means that we continue to crystallise our position as a leading supplier of mission-critical software in Europe," Merete Hverven, Visma CEO.

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