Press release

Visma acquires Spanish cloud software provider Quaderno

Visma continues to grow its presence in the Iberian software market with the acquisition of Quaderno, a SaaS tax management platform for global e-commerce.

Visma acquires Spanish cloud software provider Quaderno
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Based in Las Palmas de Gran Canaria in the Canary Islands, Quaderno’s fully automated solution helps online businesses worldwide calculate the right tax rates based on input like customer location and the type of product or service sold.

“We are delighted to welcome Quaderno to Visma. With this acquisition we further expand our presence in the Spanish software market, and also strengthen the Group’s offering within e-commerce solutions. Staying compliant with tax rules can be challenging for online sellers operating in a global marketplace, but Quaderno makes it easy”, says Alicia Halaas, Business Area Director for the Small Business segment in Visma.

A new phase

Quaderno was launched in 2014, and currently serves more than 2.600 customers across 104 countries, including companies like Podia, Whereby, Mailtrack, Freepik and Bookish.

Its cloud-based platform is compatible with more than 14.000 tax jurisdictions, and also contains features for tax calculations, tax reporting, invoicing, tax notifications and expenses tracking.

Quaderno will continue to operate as an independent company, under the same management.

“At Quaderno we are very happy to start a new phase within the Visma family. With access to its resources and extensive experience, we will be able to reinforce our growth strategy and consolidate Quaderno as one of the world's leading automated tax management platforms”, says Carlos Hernández Medina, founder and Managing Director of Quaderno.

Acquisition no. 4 in Spain

For Visma, Europe’s leading provider of mission-critical cloud software, Quaderno becomes its fourth acquisition in Spain since first entering the country in 2021. 

It is also the second transaction for the Group in Iberia so far in 2023, after acquiring the Portuguese SaaS provider Moloni in January.

Visma expects revenue from its Spanish operations to reach 25 million euros in 2023, and targets continued growth in the coming years. The Group’s ambition is to build a market leading position in cloud business software in the region.

For more information, please contact:

Lage Bøhren, Director of Communications at Visma, +47 92 15 78 01

lage.bohren@visma.com

Olivia Rose Pittman, Communications Head at Quaderno

press@quaderno.io

About Visma

Visma is a leading provider of mission-critical cloud software, with revenue of € 2.06 billion in 2022, 14,500 employees and 1.6 million customers across Europe and Latin America. By simplifying and automating the work of businesses and organisations of all sizes, we enable a more efficient and prosperous society. Visit us at visma.com.

About Quaderno

Quaderno is an automated tax compliance software that calculates and tracks VAT, sales tax, and GST for online businesses. Its cloud-based platform is compatible with more than 14.000 tax jurisdictions, and also contains features for tax calculations, tax reporting, invoicing, tax notifications and expenses tracking.

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Contact

Lage Bøhren

Lage Bøhren

Director of Communications

Visma

+47 921 57 801

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