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All Group media enquiries should be directed to
Vanessa Maydon, Corporate Affairs Director.

Cinven Partners LLP
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Tel: +44 (0)20 7661 3325
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Email: Vanessa Maydon

Press releases

Visma
11 December 2014

Visma acquires two Norwegian companies and strengthens the focus on cloud-based solutions for year-end accounts production

Visma acquires Finale Systemer AS and Mokastet Data AS, two leading suppliers of systems for the accounting industry in Norway.

- The acquisitions of Finale Systemer and Mokastet Data is important steps in Visma's focus on efficiency improvement and automation for the accounting industry in Norway, and complement Visma as a leading supplier of solutions for accounting and finance. We have great faith in the possibilities this will give the accounting industry and are looking forward to the increased value this will give our existing and potential customers, Øystein Moan, CEO of Visma, says.

Increased demand
There is a strong demand for solutions for year-end accounts production by Visma's customers, partners and accounting agencies. With this acquisition, Visma increases its focus on cloud-based solutions for the accounting industry in Norway.

- The market is facing an extensive transition to cloud-based solutions, demanding strong development activity as well as focus against international competition. Visma will contribute with technology, capital and the Visma.net product family in order to secure important SaaS-solutions for the accounting industry to be developed with focus on the conditions and needs for Nordic companies, Moan says.