Visma to launch cash offer for House of Control
Visma has entered a transaction agreement to launch a voluntary cash offer of NOK 11.20 per share for all outstanding shares of House of Control.
House of Control develops software as a service (SaaS) solutions for contract management and IFRS 16 compliance to customers across the Nordics, and its shares are admitted to trading on Oslo Euronext Growth.
“House of Control delivers mission crit
Visma delivers all-time high revenue and sharpens software focus
Visma grew its revenues by 16 percent to a record EUR 602 million in Q2. The announced divestment of the Group’s IT consulting business will further accelerate Visma’s strategy as a leading provider of cloud software in Europe.
Visma continued its strong development in the second quarter, with revenue reaching an all-time high of EUR 602 million, a growth of 16 percent compared to EUR 520 milli
Visma accelerates its cloud strategy through divestment of its IT consulting business focused on digital transformation to CVC Capital Partners Fund VIII
Visma’s IT consulting business, focusing on digital transformation, has been a part of the Visma Custom Solutions division and is a leading provider of mission-critical IT solutions and data-driven technologies, powered by 2,000 highly skilled professionals across the Nordic region and in Lithuania, and serving 8,000 customers in the private and public sector.
With its focus on customised softw
Visma achieves 28% growth in Annualised Repeatable Revenue (ARR) in Q1, reaching € 1 744m
Acquisition activity was also high with 15 companies joining the Visma family.
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Summary – Q1, 2022
Notable results for Visma
Annualised Repeatable Revenue (ARR) grew 28 % year over year to reach € 1 744 million Visma’s revenue grew 18 % compared to Q1 last year, to € 579 million SaaS remains a key driver of revenue growth, with combined revenue from Saa
Visma releases 2021 annual report, enters third decade of steady, year-over-year growth
2021 revenue increased 20% to EUR 2,1 billion, while EBITDA grew 28% to EUR 590 million. Visma also set a new record for acquisitions with 42 companies joining the Visma family.
Visma closes 2021 with a strong performance in Q4, with Annualised Repeatable Revenue (ARR) growing 25,6% to € 1 649m
Total revenue for Q4 grew 18,0% to € 564 million, while EBITDA increased 10,1% to € 150 million.
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All business areas had double-digit growth
Compared to the same period last year, all of Visma’s business areas had healthy, double-digit growth.
Visma Nordics grew by 30%; Visma Benelux by 15%; Visma Custom Solutions by 15%; and Visma’s geographical
Visma has another strong quarter, increasing annualised revenue by 21,2% to reach EUR 1,591m
Total revenue for Q3 grew 17,9% to EUR 505 million, while EBITDA increased 15,8% to EUR 166 million.
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All business areas continued steady growth
Compared to Q3 of last year, all of Visma’s business areas grew substantially. Visma Nordics grew by 18%; Visma Benelux by 21%; Visma Custom Solutions by 14%; and Visma’s geographical expansion areas in Central and Eastern
Visma attracts new investors as part of a strategic expansion of the shareholder base, valuing the business at €16 billion
Leading institutional investors Aeternum Capital, Government Pension Fund Norway (Folketrygdfondet), Vind, and GIC to invest in Visma.
Visma, a leading provider of business-critical software to private and public companies in Europe, today announces that it has expanded its shareholder base through a secondary sale to leading institutional investors: Aeternum Capital, Government Pension Fund No
Visma continues strong momentum with 18% top-line growth in the first quarter of 2021
Total revenue reached EUR 491 million, while EBITDA increased 25,0% to EUR 134 million.
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All business areas demonstrated strong growth
Visma began 2021 with an updated structure including four key business areas, all of which saw strong growth compared to Q1 of 2020. Visma Nordics grew by 14,4%; Visma Benelux by an impressive 29,6%; Visma Custom Solutions by 15,0%; and
Visma releases 2020 annual report: Fast Forward—Software for society
In an unconventional year, Visma achieved excellent growth and record acquisition pace in 2020. Total revenue increased 26% to NOK 18 675 million, while EBITDA grew 35% to NOK 5 367 million.
Visma finishes the year with another strong quarter of growth; delivers 24% increase in Q4 revenue
Total revenue grew 23,9% to reach NOK 5 142 million, while EBITDA increased 29,4% to NOK 1 464 million.