Hg-backed Visma Attracts New Investors in €19bn Equity Transaction
December 21, 2023
Hg-backed software group Visma expanded its shareholder base in a transaction valuing the company at EUR 19 billion, welcoming around 20 new investors and raising over €1bn from new investors plus roughly €3bn of new investment from existing shareholders. Named new investors include Altaroc, Jane Street, NPS and the NYC Retirement System, while existing/co-investors providing further capital include Hg, ICG, TPG and Visma management to support continued international expansion and product innovation.
- Buyers
- Altaroc, Jane Street, NPS, NYC Retirement System, Hg, ICG, TPG, Visma management
- Targets
- Visma
- Industry
- Software
- Location
- Norway
- Transaction Type
- Growth capital
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