M&A Deal Summary

Visma Acquires ABC Kredittstyring AS

On March 17, 2011, Visma acquired information technology company ABC Kredittstyring AS

Acquisition Highlights
  • This is Visma’s 4th transaction in the Information Technology sector.
  • This is Visma’s 2nd transaction in Norway.

M&A Deal Summary

Date 2011-03-17
Target ABC Kredittstyring AS
Sector Information Technology
Buyer(s) Visma
Deal Type Add-on Acquisition

Target

ABC Kredittstyring AS

Oslo, Norway
ABC Kredittstyring AS is a provider of traditional debt collection, invoice administration, as well as judicial collection services. The company was founded in 1985 and has since then built up a strong and diversified customer base, mainly within the segment of small and medium sized enterprises (SME).

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Buyer(S) 1

Buyer

Visma

Oslo, Norway

Category Company
Founded 1985
Sector Software
Revenue 5.1B NOK (2013)
DESCRIPTION

Visma offers software and services that simplify and digitize core business processes in the private and public sectors. Visma was founded in 1985 and is based in Oslo, Norway.


DEAL STATS #
Overall 11 of 89
Sector: Information Technology M&A 4 of 19
Type: Add-on Acquisition M&A Deals 10 of 82
Country: Norway M&A 2 of 12
Year: 2011 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-12-16 Allego AB

Sweden

Allego AB is one of Sweden's largest providers of information services and procurement systems. The services offered consist of information services, electronic procurement solutions, and the journal “AnbudsJournalen”. Allego employs about 30 people, and is located in the Swedish cities Falun and Stockholm.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-06-09 Mamut ASA

Oslo, Norway

Mamut is a European provider of complete, integrated software solutions and internet services for SMEs. Mamut offers complete and user-friendly solutions at the best value for money integrating CRM, sales force, logistics, accounting, e-commerce, domains, e-mail, web hosting and security.

Buy -