Current
Visma
Private Equity Manager (GP)
Hg
Details
Region
Europe
Sector
Information Technology
Stage
Large buyout
Vintage
2019
Highlights
Acquisitions over the past five years
c.80
Employees
11,000+
Commitment
£7.8m
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. PIN has co-invested in three other transactions alongside Hg.
