Group of three institutional investors
MJ Hudson Law represented three large institutional co-investors who invested alongside Hg, Europe’s leading software investor, in Visma, a provider of business-critical software to enterprises in the Nordic, Benelux and Baltic regions. The clients are based in the US and Europe.
The deal values Visma at an Enterprise Value of US $12.2 bn and is the largest ever software buyout globally. Following completion of the deal, Hg will own a majority (c.54%) stake in Visma, with third party co-investors GIC, ICG, CPPIB, Warburg Pincus, TPG, General Atlantic and management.