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Special Report
Special report N°8 - Hg
November 2024

Visma is one of Europe's leading cloud software providers

Published on
2/12/2024
Amended on
2/12/2024
0
minute(s)
Altaroc has made a co-investment in Visma alongside Hg for its Vintage 2023.
By
Damien Hélène
Damien Hélène
This article has been automatically translated. Please excuse any inaccuracies or translation errors.

At the heart of the ever-changing enterprise technology landscape, a Norwegian company is emerging as a key player, redefining the way organizations approach the management and automation of their operations. With a rich history and growing global influence, Visma has positioned itself as a pioneer in the enterprise solutions sector.

Founded in 1996, Visma has enjoyed an impressive track record over its decades of existence. The company started out as a provider of accounting and financial software in Norway, and has grown into a European giant offering a comprehensive suite of solutions covering financial management, human resources, payroll and much more.

An extensive portfolio of products and services

Visma stands out for its diversified portfolio of products and services. From small businesses to large multinationals, Visma offers tailored solutions, simplifying complex tasks and helping companies remain agile in a constantly changing world.

Visma's success lies in a constant commitment to innovation. The company has embraced emerging trends such as artificial intelligence, process automation and mobility, integrating these technologies to deliver forward-thinking solutions that meet customers' evolving needs.

The investment of Hg

Nic Humphries is Senior Partner and Executive Chairman of Hg. As he explains, since the investment at Hg, the company has continued to enjoy strong growth: "EBITDA is increasing by around 10-20% a year. We've managed to add substantial millions of euros, which we acquired at a price below the Visma group's multiple. All this, together with modest leverage, enables us to achieve an IRR of 25 to 30%.

Social and environmental responsibility

In addition to its commitment to innovation, Visma also emphasized its social and environmental responsibility. The company has taken significant steps to reduce its carbon footprint and promote sustainable business practices, reflecting a keen awareness of today's global challenges.

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Special report N°8 - Hg
Europe
Technology and Software