Case Study

Visma

New Commitment

The company

Region: Europe
Sector: Information Technology
Stage: Large Buyout
Highlights:

                                c. 80
Acquisitions over the past five years  

                                11,000+
Employees

                                £7.8m
Commitment

Private Equity Manager (GP)

Case study

About the company

Visma is a leading provider of mission-critical enterprise resource planning, accounting, payroll and transaction process outsourcing software to small and medium-sized businesses and to the public sector in Northern Europe.

The investment rationale

Hg saw an opportunity to invest in a company with strong year-on-year growth underpinned by the ongoing shift towards greater digitalisation and process automation, a succession of new customer wins and scale built through over 80 add-on acquisitions.

Software is a core sector for Hg and the manager has deep knowledge of both the sector and the company, having owned Visma across its funds over the past decade.

Our relationship

Pantheon has a long-standing relationship with Hg, having made primary commitments to its funds since 2006. PIP co-invested in three other transactions alongside Hg.

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The information contained on this website is communicated by Pantheon Ventures (UK) LLP, a limited liability partnership incorporated in England and Wales, authorised and regulated by the Financial Conduct Authority in the United Kingdom under laws that differ from Australian laws. The Company does not hold an Australian financial services license that authorises it to provide advice in relation to the acquisition of securities in the Company. Pantheon Ventures (UK) LLP is exempt from the requirement to hold an Australian financial services licence under the Corporations Act 2001 (“Corporations Act”) in respect of the provision of financial services to wholesale clients in Australia. Pantheon Ventures (UK) LLP relies on the Corporations (Repeal and Transitional) Instrument 2016/396, which grants transitional continuance relief to foreign financial services providers relying on Australian Securities and Investments Commission Class Order 03/1099 in order to provide financial services to wholesale clients in Australia. This website and the information contained on it is intended only for persons in Australia who are both wholesale clients under section 761G of the Corporations Act 2001 (Cth) and professional investors or sophisticated investors for the purposes of section 708 of the Corporations Act.

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