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Visma acquires Vuealta Oy and strengthens its expertise in business planning and analytics solutions

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Visma acquires Vuealta Oy and strengthens its expertise in business planning and analytics solutions

Visma Consulting Oy has acquired Vuealta Oy, Finland's leading provider of consultancy services in design and analytics solutions from Anaplan. Vuealta Oy was founded in 2016 and currently has a market share of more than 80 percent of Finland's Anaplan implementations.

Visma Consulting is a strong player in the knowledge management consulting and software market, and the acquisition will strengthen this position. Vuealta will join Visma Consulting, which provides digitalisation services to Finnish companies and the public sector with about 500 experts.

“I am very pleased that Vuealta is joining the Visma family. Anaplan has taken a strong position as a financial and business planning solution for large Finnish companies, and Vuealta, as the market leader, has had successful expansion in Finland. Vuealta's expertise and services fit perfectly with our already strong knowledge management business, which provides companies with services for the development of data-driven business, ”said Petri Lillberg, CEO of Visma Consulting Oy.

“Vuealta has grown rapidly since the start, and we felt that now is the right time for a new home that offers us a path to continue our growth to the next stage in Finland. Visma was selected as the right partner because our services and products complement each other perfectly. In addition, the company's self-directed and relaxed, but professional culture is exactly the kind that we also feel is our own, ”says Vesa Pahkamaa, CEO of Vuealta Oy.

The transaction will not affect existing customers, personnel or other stakeholders, but going forward, customers will be offered a much wider range of services and more diverse expertise.

For more information, please contact:

Petri Lillberg, President and CEO, Visma Consulting Oy, +358 40 577 7014

Vesa Pahkamaa, President and CEO, Vuealta Oy, +358 44 030 1180

About Visma Consulting Oy

Visma Consulting is a service company focusing on IT consulting and software solutions. The company's nearly 500 experts help large Finnish companies and the public sector succeed in digital change, e.g. through service design, digital services, customised IT solutions, knowledge management and artificial intelligence solutions. The company's turnover in 2020 was EUR 68 million. The company is part of the Visma Group, and its offices are located in Helsinki, Hyvinkää, Tampere, Lappeenranta and Jyväskylä.

www.vismaconsulting.fi

About Vuealta Oy

Vuealta Oy offers modern solutions to the challenges of performance management and business planning by utilising Anaplan technology. Vuealta Oy is Anaplan's leading service provider in Finland, offering Anaplan's consulting and implementation services, support and maintenance services, and Anaplan training. The company employs ten people. Vuealta Oy has previously been part of the international Anapla service provider Vuealta Group.

www.vuealta.fi

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Visma is a leading provider of mission-critical business software for a more efficient and resilient society. By simplifying and automating the work of companies and organisations of all sizes, we improve people's everyday lives. With 13,600 employees, 1,100,000 private and public sector customers across the Nordics, Benelux, Central and Eastern Europe and Latin America, and net revenue of €1,741 million in 2020, we are committed to making tomorrow better than today. Visit us at visma.com.

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Aase Settevik

Aase Settevik

Press contact Director of Brand & Communication +47 920 49 559

Shaping the future of society through technology

Visma is a leading provider of mission-critical business software for a more efficient and resilient society. By simplifying and automating the work of companies and organisations of all sizes, we improve people's everyday lives. With 15,000 employees, 1,200,000 private and public sector customers across the Nordics, Benelux, Central and Eastern Europe and Latin America, and net revenue of € 2,081 million in 2021, we are committed to making tomorrow better than today. Visit us at visma.com.