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  5. Visma Acquires bWise AS

M&A Deal Summary

Visma Acquires bWise AS

On May 3, 2016, Visma acquired internet software and services company bWise AS

Acquisition Highlights
  • This is Visma’s 2nd transaction in the Internet Software and Services sector.
  • This is Visma’s 7th transaction in Norway.

M&A Deal Summary
Date 2016-05-03
Target bWise AS
Sector Internet Software and Services
Buyer(s) Visma
Deal Type Add-on Acquisition

Target

bWise AS

Oslo, Norway
bWise AS is a Norway's major centre of expertise within Business Intelligence (BI), data warehouse and enterprise resource management solutions with over 300 completed projects. bWise was founded in 2007 and has 40 employees located in Oslo, Drammen and Stavanger.

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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 34 of 89
Sector: Internet Software and Services M&A 2 of 17
Type: Add-on Acquisition M&A Deals 32 of 82
Country: Norway M&A 7 of 12
Year: 2016 M&A 5 of 9
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-04-14 StarSoft Oy

Vaasa, Finland

StarSoft Oy is a software company specialized in software solutions for school administration.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-05-16 Lumesse - EasyCruit

Surrey, United Kingdom

Lumesse - EasyCruit is a provider of software solutions for recruitment. Company have over 600 EasyCruit customers and have local expertise to understand business environment. EasyCruit is available in 40 languages.

Buy -
Mergr

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