Without private equity, Oslo-listed Visma would have lost its independence in a takeover by a large competitor just eight years after its launch. Instead, Hg’s 2006 investment in the business enabled it to remain independent. Hg supported Visma’s management team, providing capital and expertise for acquisitive and organic expansion, enabling the company to grow, for the benefit of its employees, customers and owners.
In 2010, Hg sold part of its stake to KKR and together, the two private equity firms continued to support Visma through acquisitions and investment in cloud-based technology. The business is now owned by KKR, Cinven and Hg.
CEO
Visma
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