M&A Deal Summary

Visma Acquires Raet

On July 6, 2018, Visma acquired internet software and services company Raet from HgCapital

Acquisition Highlights
  • This is Visma’s 5th transaction in the Internet Software and Services sector.
  • This is Visma’s 4th transaction in the Netherlands.

M&A Deal Summary
Date 2018-07-06
Target Raet
Sector Internet Software and Services
Buyer(s) Visma
Sellers(s) HgCapital
Deal Type Add-on Acquisition

Target

Raet

Amersfoort, Netherlands
Raet is a provider of HR cloud software and services. The company provides a cloud-based, integrated HR software suite covering the Human Capital Management needs of both large and small businesses globally. Raet was founded in 1965 and is based in Amersfoort, Netherlands.

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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 47 of 87
Sector (Internet Software and Services) 5 of 16
Type (Add-on Acquisition) 43 of 80
Country (Netherlands) 4 of 18
Year (2018) 2 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-01-18 OptiWay AB

Kristianstad, Sweden

OptiWay AB delivers high quality consultancy services in geographic IT and develops geodata products on the local and international markets. The company was founded in 2005 and has since then helped customers and partners identify, define and realize their business and technological capabilities. OptiWay has 20 employees and headquarters in Kristianstad as well as offices in Malmö and Ronneby.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-09-20 Extenda Retail

Stockholm, Sweden

Extenda Retail is a global software provider to retailers by creating solutions for the next generation of retail experience. Extenda Retail was formed in 2018 and is based in Stockholm, Sweden.

Sell -

Seller(S) 1

SELLER

HgCapital

London, United Kingdom

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 2000
PE ASSETS 70.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

HgCapital is a European private equity firm focused on a wide range of transactions including public-to-private leveraged buy-outs, management buy-ins, divestitures, and turnarounds. Broad sectors of interest include consumer and leisure, healthcare, industrials, services, technology, media, and renewable energy. The Firm will consider both majority and minority investment positions. HgCapital is the successor to Mercury Capital Partners, a former unit of Merill Lynch which was spun out by management in 2000. HgCapital has offices in London and Munich.

DEAL STATS #
Overall 65 of 93
Sector (Internet Software and Services) 8 of 16
Type (Add-on Acquisition) 33 of 45
Country (Netherlands) 7 of 7
Year (2018) 6 of 10
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-07-03 Rhapsody & Population Health Businesses

Auckland, New Zealand

Rhapsody & Population Health Businesses business comprising Orion Health’s Rhapsody and Symphonia software products designed to integrate systems through the acquisition and exchange of data. Rhapsody & Population Health Businesses is based in Auckland, New Zealand.

Buy $255M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-08-20 Kinapse

London, United Kingdom

Kinapse Ltd. is a provider of outsourced and consultancy services to the global life sciences industry with a particular focus on the areas of regulatory and compliance services. Kinapse is based in London, United Kingdom.

Sell -
Mergr

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