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M&A Deal Summary

Visma Acquires Movenium Oy

On December 21, 2016, Visma acquired internet software and services company Movenium Oy

Acquisition Highlights
  • This is Visma’s 3rd transaction in the Internet Software and Services sector.
  • This is Visma’s 13th transaction in Finland.

M&A Deal Summary
Date 2016-12-21
Target Movenium Oy
Sector Internet Software and Services
Buyer(s) Visma
Deal Type Add-on Acquisition

Target

Movenium Oy

Espoo, Finland
Movenium Oy is a developer of cloud based software tool for all contractors for managing your construction site.

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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 38 of 89
Sector: Internet Software and Services M&A 3 of 17
Type: Add-on Acquisition M&A Deals 35 of 82
Country: Finland M&A 13 of 18
Year: 2016 M&A 9 of 9
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-12-20 Cox Consulting Oy

Espoo, Finland

Cox Consulting Oy is an IT consulting company that focuses in management reporting, forecasting and profitability analysis solutions.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-03-01 Pappila Penkkala Group Oy

Turku, Finland

Pappila Penkkala Group Oy is specializing on the order-to-cash process, helping customers optimizing the entire process from invoicing to collecting of payment in order to speed up cash flow, cut costs and obtain a strong competitive advantage for their customers.

Buy -
Mergr

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