Visma finalises divestment of IT consulting business focused on digital transformation
On June 16 2022, Visma announced an agreement to divest its IT consulting business focused on digital transformation, formerly a part of Visma Custom Solutions, to CVC Capital Partners Fund VIII. The transaction is now finalised.
In a press release this morning, the new company has officially launched under its standalone brand “twoday”, and will employ more than 2,200 highly skilled professionals across 30 offices in the Nordics and Lithuania, serving more than 8,000 customers in the private and public sector.
A key rationale for the transaction is that both Visma and twoday can