NIBC continues to support the growth of Visma Group

Visma Group is a leading Scandinavian & Dutch provider of B2B software applications, primarily focusing on finance/ accounting, HR/ payroll and other business critical functions.

With the support of Hg and co-investors, Visma Group pursues a buy and build strategy to augment the company’s organic growth. Since 2011, Visma has completed 100 acquisitions, with 85 add-on acquisitions completed between 2014 and 2018.

The Assignment

Visma Group asked NIBC to participate in the additional debt raise for the purpose of refinancing the company’s drawn credit facility, which has been utilised to fund acquisitions in 2019.

Adding Value

As an existing debt provider, NIBC joined other incumbent lenders to provide additional debt to support Visma’s growth. The expertise within the deal team on the company and sector gained from the original transaction allowed NIBC to swiftly assess the new financing proposition.

Delivering Results

The acquired assets in 2019 supplement Visma’s growth by expanding the company’s product ranges and capabilities as well as adding customer bases in existing and new geographies. This financing will also enable Visma to strengthen its position within its core markets through acquisitions going forward.