Visma Puts Nordic Region on the Global Tech Map
June 29, 2017KKR exits European software leader after seven years of ownership
Overall business more than quadrupled in value since 2010
KKR initially acquired Visma in 2010 at an enterprise value of
Øystein Moan, CEO of Visma, said: “KKR has been an outstanding partner over the past seven years to take Visma to the next phase of its development. Their support, engagement and strategic expertise from both global and local resources have been key drivers of the firm’s growth and success.”
The transaction is subject to customary regulatory approvals. The investment in Visma is primarily held in KKR’s third European fund.
KKR was advised on this transaction by ABG Sundal Collier, Morgan
Stanley,
About KKR
KKR is a leading global investment firm that manages investments across
multiple asset classes including private equity, energy, infrastructure,
real estate, credit and hedge funds. KKR aims to generate attractive
investment returns by following a patient and disciplined investment
approach, employing world‐class people, and driving growth and value
creation at the asset level. KKR invests its own capital alongside its
partners’ capital and brings opportunities to others through its capital
markets business. References to KKR’s investments may include the
activities of its sponsored funds. For additional information about
View source version on businesswire.com: http://www.businesswire.com/news/home/20170628006579/en/
Finsbury
victor.mallet@finsbury.com
or
Nordics
Comir
johan.hahnel@comir.se
Source: KKR
Back to Press Releases
Media Contacts
Americas
Miles Radcliffe-Trenner
Telephone: +1 (212) 750-8300
Email: media@kkr.com
Investor Relations
Craig Larson
Telephone: +1 (877) 610-4910
Outside US: +1 (212) 230-9410
Facsimile: +1 (212) 750-0003
Email: Investor-Relations@kkr.com