Visma acquires 4 new companies, including Evoliz in France

Published on

15/4/2025

Amended on

15/4/2025

minute(s)

Visma, the company featured in the Vintage FPCI Odyssey 2023, recently announced the strategic acquisition of Evoliz, an accounting management software company based in Provence. Based in Oslo, Visma offers cutting-edge solutions for the accounting and finance sectors. To reinforce its expertise and market presence, it has also announced the acquisition of 3 other companies.

Antoine Orsoni

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"By integrating Visma, we are adding a new string to their bow.. This is the promise made by François Aupetit, CEO of Evoliz. The acquisition of the French company by the Norwegian giant - valued at €19 billion in 2024 - offers the latter several advantages. First and foremost, Visma's presence on the French market will be strengthened. Visma will also be able to expand its financial management offering for VSEs and SMEs in France, as well as in other countries. Evoliz has almost 13,000 customers, who will become a very solid local customer base for Visma. The convergence of services offered is also a further growth driver for the Norwegian company: Evoliz's cloud platform for invoicing, quotation, accounting, VAT and pre-accounting management strengthens Visma's SaaS offering in the financial software segment for small and medium-sized businesses. Last but not least, a legal aspect completes the picture. Evoliz is certified NF203 (French standard for management software), and thus anticipates France's mandatory electronic invoicing obligations from 2026.

3 other acquisitions testify to Visma's commitment to steady growth

Visma also announced the acquisition of Link My Books (a UK platform that automates the accounting of e-retailers by connecting their marketplaces - Amazon, Shopify, eBay - to accounting software such as Xero and QuickBooks), Your Next Concepts (a Dutch company specializing in SaaS software for the education sector, enabling the management of student planning, tracking and assessment), and Finmatics (an Austrian company developing AI-based accounting automation solutions for accountancy firms).

These acquisitions enable Visma to diversify its SaaS offering and capture new sources of growth. Link My Books has already managed over €4 billion in payments, and opens up the fast-growing UK e-commerce market to Visma, with over 10,000 e-merchant users. Your Next Concepts gives Visma a solid position in Dutch EdTech, with solutions already deployed in over 20 higher education establishments. Finally, Finmatics brings Visma AI-based accounting automation technology adopted by more than 10,000 companies and consultancies, strengthening its expertise in the accountant segment. These acquisitions illustrate Visma's strategy of broadening its geographical presence, strengthening its position in new sectors and enriching its portfolio of specialized cloud solutions.