A strategic strengthening of the Visma portfolio
A company present in Vintage Altaroc Odyssey 2022, Odyssey 2023 and Altalife 2023, Visma recently announced the acquisition of six new companies in the third quarter of 2024.
QuarksUp (France)
One notable acquisition is QuarksUp, which is transforming human resources management in France. Their modular software enables companies to digitalize the entire employee career path, from recruitment to onboarding and talent management. With 500,000 employees managed across 500 companies, QuarksUp has established itself as a key player in the French HR market.
Pathway Solutions (Germany)
In Germany, Pathway Solutions enters the Visma fold. The company, founded in 2018, offers a cloud platform that simplifies the financial processes of e-commerce companies by automatically associating transactions and invoices. As a leader in accounting automation for Shopify and Stripe, Pathway Solutions is positioning itself as a pillar of innovation in the sector.
Rex+ (Chile)
The acquisition of Rex+, a Chilean HR management platform, illustrates Visma's commitment to Latin America. Rex+ offers flexible payroll and workforce management solutions, helping thousands of companies to optimize their HR operations. This integration reinforces Visma's strategy in a fast-growing market.
Hix (Netherlands)
By taking Hix, formerly SecureLogin, under its wing, Visma has strengthened its offering for accountants. Hix's customizable platform automates repetitive tasks, allowing accountants to concentrate on higher value-added missions. With over 1,200 accounting tool integrations, Hix is a major asset for Visma in Europe.
November First (Denmark)
November First, which enables companies to pay their supplier invoices via a secure platform, also joins the group. This solution, which has been adopted by over 1,000 Danish companies, has already proved its effectiveness through its collaboration with e-conomic on the Smart Pay solution. Visma's acquisition of November First promises to create beneficial synergies for the customers of both companies.
Dottie HR (Norway)
Finally, Dottie HR, a Norwegian HR management solution, is also now owned by Visma. With total control over leave planning and employee onboarding, Dottie HR is a strategic addition to Visma's portfolio, aimed at strengthening innovation in HR management.
In total, Visma has already made 190 acquisitions, positioning the Norwegian company as a key player in the field of SaaS solutions for accounting, human resources management and e-commerce. With a growing presence in Europe and Latin America, Visma continues to demonstrate its ability to adapt to changing market needs and innovate its offerings. This quarter promises exciting new prospects for the company and its customers.
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