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  5. Visma Acquires EssCom Service AB

M&A Deal Summary

Visma Acquires EssCom Service AB

On December 7, 2009, Visma acquired information technology company EssCom Service AB

Acquisition Highlights
  • This is Visma’s 1st transaction in the Information Technology sector.
  • This is Visma’s 2nd transaction in Sweden.

M&A Deal Summary
Date 2009-12-07
Target EssCom Service AB
Sector Information Technology
Buyer(s) Visma
Deal Type Add-on Acquisition

Target

EssCom Service AB

Bromma, Sweden
EssCom Service AB is a provider of customised solutions for maintenance, technical service and installation of equipment within electronics and IT. EssCom Service has the responsibility for servicing a large number of business-critical equipment located all over Sweden as betting terminals, ticketing systems, printers and information technology solutions in vehicles. EssCom is a well established nationwide service organisation that meets the highest standards of quality and performs annually approximately 60 000 service matters of both national and international clients.

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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 4 of 89
Sector: Information Technology M&A 1 of 19
Type: Add-on Acquisition M&A Deals 3 of 82
Country: Sweden M&A 2 of 12
Year: 2009 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2009-02-12 Teemuaho Oy

Lappeenranta, Finland

Teemuaho Oy is a provider of software solutions for financial planning. Teemuaho simplifies and digitalizes core business processes within the private and public sector.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-02-22 OPIC Group

Linköping, Sweden

OPIC.com AB is the largest providers of tendering solutions. OPIC is Sweden's major experts on business relations between those conducting procurements within the public sector and their suppliers. Since the business was established in 1999, the company has grown to become a consolidated group with more than 70 employees in cities like Linköping, Stockholm, Halmstad and Vilnius in Lithuania.

Buy -
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