Movenium Ltd. has been acquired by Visma A/S
The shareholders of Movenium Ltd. have sold the company to Visma A/S. Financial details have not been disclosed.
Movenium is a Finnish software company that enables more than 1,500 businesses to address the main administrative areas of the construction sites easily through mobile and digital devices. The total service user count is more than 60,000. The company’s key offering is the cloud-based SaaS solutions, including real-time reporting, task management, safety management and tax reporting for construction worksites. Solutions can be integrated with other ERP systems.
Visma offers software, e-commerce solutions, retail IT solutions, IT related projects and consulting. The company simplifies and digitalizes core business processes within the private and public sector. 500,000 customers in Northern Europe use Visma’s products and services, and an additional 300,000 use Visma as a hosting partner. The group has 5,500 employees and its net revenue amounted to US$973 million in 2015.
Oaklins' team in Finland served as the exclusive advisor to the owners of Movenium in the sale process.
Talk to the deal team
Related deals
BodhiCedric has acquired Network Media from Jellysmack
The media holding company BodhiCedric has acquired Network Media, an innovator in the creator economy, from Jellysmack, the global creator company.
Learn moreCustomerXPs Software (Clari5) has been acquired by Perfios Software Solutions
Bengaluru-based SaaS firm Perfios Software Solutions Private Ltd. has acquired 100% of the equity shares in the fraud-detection platform CustomerXPs Software Private Ltd. (Clari5) for an undisclosed amount, enhancing its anti-financial crime management suite for financial institutions.
Learn moreSTM Environmental has been acquired by Phenna Group
STM Environmental has been acquired by Phenna Group, gaining access to a broader network of expertise, enhanced resources and global reach. With extensive experience in life safety, environmental compliance and quality testing, along with a wide client base, Phenna Group is the ideal partner to accelerate STM Environmental’s expansion.
Learn more