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New Deal


Announced

Completed

A consortium of PE led a €4.5bn funding round in Visma.

Financials

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Transaction Value£3,890m
Consideration TypeCash
Capital Owned-
Capital Bid For24%
EV/Sales9.2x
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Cross Border

Venture Capital

Norway

business-critical software

smbs

nordic and benelux regions

Software

Acquisition

Minority

Private

Private Equity

Completed

Friendly

Single Bidder

Synopsis

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A consortium of private equity firms, including Altaroc, Jane Street, NPS, NYC Retirement System, ICG, GIC, TPG and Hg Capital, led a €4.5bn funding round in Visma, a software developer. “We are delighted to receive this further vote of confidence from Hg and other leading investors, in a transaction that confirms our stellar development and attractive outlook. Visma delivers the digital tools that businesses need to drive efficiency, innovate and stay competitive. Supported by a solid and knowledgeable shareholder base, we are perfectly positioned to continue our unique growth journey," Merete Hverven, Visma CEO.

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