Visma to divest retail software units
Visma has entered into an agreement with US private equity firm STG to divest its retail software units to increase the focus on developing as a pure SaaS provider. Visma Retail has increasingly been able to sell its software in new European markets. At the same time, there have been limited synergies with other Visma divisions. The Visma Group focus has been on being a leading regional player in cloud software for both SMB, public sector and enterprise customers. It has become more clear that the group strategies have not been ideal to support the development of Visma Retail Software’s