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M&A Deal Summary

Visma Acquires Duetto Group Oy

On August 14, 2013, Visma acquired business services company Duetto Group Oy

Acquisition Highlights
  • This is Visma’s 1st transaction in the Business Services sector.
  • This is Visma’s 4th transaction in Finland.

M&A Deal Summary
Date 2013-08-14
Target Duetto Group Oy
Sector Business Services
Buyer(s) Visma
Deal Type Add-on Acquisition

Target

Duetto Group Oy

Turku, Finland
Duetto Group offers services related to risk management in the credit trading business. Duetto Group’s activities are based on being a forerunner in combining personal consultancy services and browser-based information technology for the benefit of its clients. The company’s very own Duetto® program guarantees not only flexible product development but also quick and reliable integration into the financial management programs of its clients. Duetto Group employs close ca. 50 experienced professionals and it is based in the city of Turku.

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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 13 of 88
Sector: Business Services M&A 1 of 5
Type: Add-on Acquisition M&A Deals 12 of 81
Country: Finland M&A 4 of 18
Year: 2013 M&A 1 of 1
PREVIOUS 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 -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-01-17 Priorite Oy

Espoo, Finland

Priorite Oy is a consulting and software solutions company .

Buy -
Mergr

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