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Visma acquires Swedish procurement company Lessmore

Mergers & Acquisitions

October 23, 2018

Visma Advantage has acquired Swedish procurement company Lessmore. The acquisition advances the process of creating the Nordic region’s leading marketplace for small and medium-sized businesses wanting to increase their purchasing power.

"The acquisition will increase our joint purchasing power and provide customers of both Advantage and Lessmore with better terms. In addition, all customers will be offered a broader selection of agreements and suppliers”, said Henrik Salwén, Managing Director of Visma Advantage.

Lessmore delivers procurement deals for small and medium-sized companies. Their product covers different needs such as freight, office supplies, credit information and insurances and gives smaller businesses the opportunity to lower their procurement costs. They have 2,500 customers in a wide range of business areas.

Visma Advantage offers purchasing power in a range of different areas like fuel and office supplies. The acquisition of Lessmore further strengthens their position in the market.  

For more information, please contact: 

Henrik Salwén, Managing Director, Visma Advantage, +46 708 16 66 11