Visma Acquires Silverfin

Visma Acquires Finmatics to Strengthen DACH Pre-Accounting Offerings

April 8, 2025

Cloud & SaaS

Visma has acquired Finmatics, an AI-powered pre-accounting SaaS provider that serves over 1,200 accounting firms, corporates and SMBs in Austria and Germany. The deal expands Visma's product offering for accountants and strengthens its presence in the DACH region; Finmatics will continue to operate under its existing brand and management.

Hg-backed Visma Attracts New Investors in €19bn Equity Transaction

December 21, 2023

Software

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.

Hg Leads Growth Investment in Silverfin to Accelerate International Expansion

June 9, 2020

Cloud & SaaS

Hg has led a minority growth investment in Silverfin to support the Belgian cloud accounting platform's international expansion and product development. The funding (from Hg's Mercury 2 Fund) will help Silverfin scale its cloud-based financial data hub and analytics capabilities; terms were not disclosed.

Visma Acquires Lyanthe

March 10, 2022

Cloud & SaaS

Visma has acquired Lyanthe, a Netherlands-based provider of automated invoice and pre-accounting software for accountants and administrative firms. Lyanthe will continue operating under its own name within the Visma Group and will be added to the Visma Connected Experience to expand Visma's automated invoice processing and pre-accounting capabilities across the Benelux and Scandinavia.

Visma Acquires Link My Books

February 13, 2025

Cloud & SaaS

Visma has acquired Link My Books, an automated bookkeeping SaaS for e-commerce sellers, in a deal advised by FE International. The acquisition expands Visma's cloud accounting capabilities and gives Link My Books access to greater resources to support international growth while retaining operational autonomy.

Hg-Led Consortium Acquires Visma as Montagu Fully Exits

August 21, 2020

Cloud & SaaS

Hg’s Saturn team led a consortium of existing and new investors — including GIC, CPPIB, TPG, Warburg Pincus, General Atlantic and ICG — in a transaction that buys Montagu’s stake in Visma and values the company at NOK 110 billion (US$12.2 billion), the largest-ever software buyout. The deal recapitalizes Visma’s investor base (Hg retaining ~54% post-transaction) and brings additional growth capital to the Oslo-headquartered SaaS leader, which employs over 11,000 people and serves more than one million business customers.