Strong growth and expansion plans for Admincontrol

Admincontrol, leading provider of Board Portals and Virtual Data Rooms and part of the Visma Group, is pleased to announce strong growth in 2018. The company is now expanding with more staff and a new London office.

Admincontrol established its Glasgow-based UK operation in 2014 and has been a challenger in the market since then. The company was acquired by Visma in 2017 and now wants to increase its focus on the UK market. Some of Visma's investors are UK-based private equity firms, who strongly support Admincontrol's ambitious plans.

"With its strong position in a rapidly growing market, Admincontrol is a very exciting company for Visma", said Visma CEO, Øystein Moan.

Admincontrol is a leading player in the Nordic market and is focused on providing highly secure, yet easy-to-use software solutions for secure collaboration. The company is ISO 27001:2013 certified and has a best-in-class customer renewal rate of 98 per cent. All data is stored on dedicated servers in Norway.

Admincontrol's Managing Director, Møyfrid Øygard, said they are now ready to ramp up and target the UK with greater intensity.

"The UK market has shown great potential and growth with a 50 per cent year-on-year rise. We aim to capitalise on the new opportunities we are seeing in the UK. We have just hired new salespeople and opened a new office in London which is really exciting," said Øygard.

To back the expansion with an even stronger product offering, the company has also expanded its team of product developers and will be placing emphasis on needs identified in the UK market.
Moan said the company will be targeting both the private and public sector.

"We are looking forward to following Admincontrol's continued growth story in the UK," said Moan.

For more information, please contact:
Møyfrid Øygard, Managing Director at Admincontrol, mobile: +47 90989532
Øystein Moan, CEO of Visma, mobile: +47 92 08 00 00

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