Visma, a leading provider of mission-critical business software across Europe and Latin America, today announces the acquisition of Alavie, a leading Italian provider of regulatory compliance software solutions for accounting offices and professional service firms.
With the acquisition, Visma strengthens its offering in Italy by adding a complementary range of regulatory compliance services tailored to the needs of accounting offices, notaries, and law firms. Alavie has successfully grown its presence in Italy to become the preferred choice for accounting offices, and the company currently serves thousands of customers across the country.
Empowering Italian accounting offices
Italy has a highly fragmented market of more than 120,000 tax advisors and accountants, who serve the needs of more SMBs than any other country in the EU. Verifying client identities is a critical area for accounting offices and professional service firms, but many lack the scale to have in-house Know Your Customer (KYC) and AML compliance expertise and do not have access to digitally enabled tools.
Alavie’s flagship platform, Laegis AML, automates up to 95% of manual compliance processes, continuously monitors client changes, and provides proactive alerts - enabling professionals to stay compliant without deep AML expertise inhouse. The company also offers GDPR privacy tools and is expanding into new verticals with Laegis Notary, a platform specially designed for notary offices, launching in 2025.
Strategic fit for long-term growth
The acquisition supports Visma’s broader strategy to build a comprehensive accounting and tax software offering in Italy, providing mission-critical tools that drive automation, compliance, and operational efficiency.
“We’ve followed Alavie’s journey closely for a long time and have consistently been impressed by the team’s vision and execution within the regulatory software space,” said Steffen Torp, Chief Commercial Officer at Visma. “Their deep compliance expertise and commitment to quality make them an ideal partner as we strengthen our offer in Italy. We look forward to supporting Alavie’s continued innovation and helping more professionals navigate complex compliance requirements with confidence.”
Vito Ziccardi, Founder of Alavie said: “Our partnership with Visma marks an exciting new chapter for Alavie. With Visma’s scale, resources, and deep expertise in SaaS, we will be able to continue to develop our platform and take it to the next level. Together, we’ll be able to fast-track development toward a fully integrated suite while delivering even greater value to our customers.”
For more information, please contact:
Lage Bøhren, Director of Communications +47 921 57 801
About Visma
Visma is a leading provider of mission-critical business software, with revenue of € 2.8 billion in 2024, 17,500 employees and 2.1 million customers across Europe and Latin America. By simplifying and automating the work of SMBs and the public sector, we help unleash the power of digitalization and AI across our societies and economies. For more information, visit visma.com or follow us on LinkedIn.
About Alavie
Alavie is a leading provider of solutions integrating consulting and technology for innovative regulatory compliance management. For over 30 years, Alavie has been providing professionals with compliance solutions dedicated to the application of anti-money laundering (AML) regulations. Visit us at alavie.it