Visma enters new business area with Admincontrol acquisition
Wednesday, October 4, 2017
Visma acquires Admincontrol and strengthens investment in complete solutions for secure and effective collaboration and document sharing in business-critical processes related to board work, due diligence, tender processes and projects.
– Admincontrol has established a strong position in a rapidly growing market. The acquisition will offer new possibilities and add value to customers in both companies, says Eilert Hanoa, Director of Visma SMB Software Unit.
Admincontrol offers solutions built on a scalable platform for business processes such as board and management work, due diligence and M&A. Their solutions enhance secure collaboration and easy sharing of documents, and their web-based platform gives access to documents, notes and dialogue via browser or native app for iPhone and iPad.
A complete product portfolio
Together, Visma and Admincontrol can offer a complete portfolio for collaboration and bring companies in accordance with rules and regulations related to board work and due diligence, all to be integrated with Visma's portfolio of ERP and management solutions.
– I’m pleased on behalf of both customers and employees to have a successful Nordic company as our owner with a long-term perspective and focus on expanding Admincontrol and our products. As a joint force, we can deliver better and more complete solutions to our customers, says Christian Petersen, CEO of Admincontrol.
– The acquisition gives Visma the opportunity to help our customers improve their collaboration routines as well as regulations and compliance for the board of directors in addition to secure data rooms for M&A and procurement. Admincontrol has the relevant experience and products to complement our product portfolio, says Hanoa.
Established in 2005, Admincontrol has over 2.000 active customers and 40.000 active users in six European countries.
For more information, please contact:
Eilert Hanoa, Director of Visma SMB Software Unit, firstname.lastname@example.org, tel.:+47 928 32 905
Christian Petersen, CEO of Admincontrol, email@example.com, tel.:+47 982 55 052
Admincontrol offers cloud-based solutions for secure and effective collaboration and document sharing in business critical-processes. Since 2005, Admincontrol has developed solutions for management and board work, due diligence, tender processes and projects. The company simplifies the dialogue and collaboration between the board, management and other internal or external stakeholders. For more information, visit www.admincontrol.com
Visma makes businesses more efficient, through offerings of software, commerce solutions, retail IT-solutions, and IT-related projects and consulting. Visma simplifies and digitizes core business processes within the private and public sector. 600,000 customers in Northern Europe utilize Visma’s products and services, and an additional 300,000 use Visma as a hosting partner. The group has 6.600 employees and its net revenue amounted to 7.855 million in 2016.