February 11, 2019
Visma Group, leading provider of business-critical software to private and public enterprises in the Nordic, Baltic and Benelux regions, has reached an agreement with Main Capital to acquire Roxit Group, provider of cloud software solutions for Dutch eGovernment segments in the Netherlands.
Visma has grown its presence exponentially in the Dutch market following a number of acquisitions over the last 12 months, which include Visma Connect, Raet, Proactive, Idella and Pink Web. By acquiring Roxit, Visma continues its advancement in the Netherlands, with now around €285m in revenue and over 2,000 employees in this highly strategic region, strengthening its leadership in the European market.
Roxit Group is a leading Dutch governmental software company with nearly 250 employees delivering SaaS solutions with an extensive range of functionalities to almost 500 customers throughout the Netherlands. Roxit Group will strengthen Visma's position as market leader in eGovernment targeted segments in the Netherlands with solutions that contribute to improving efficiency and productivity for governmental bodies and their citizens.
Visma acquires Roxit from Main Capital, a strategic investor in the North-Western European software industry, who have grown Roxit substantially over the last 3,5 years.
"We are very pleased to welcome Roxit to the Visma family. Together with Visma Connect, Roxit Group strengthens our position as a market leader within eGovernment solutions in the Dutch market. Like us, Roxit is a strong player in the public sector and we believe their company culture will prove to be a good fit with Visma", says Carsten Boje Møller, Division Director in Visma Custom Solutions.
"We are pleased to continue developing our business with a strong company like Visma as our owner. It is an important step in the acceleration of our strategy to be part of such an ambitious and fast-growing company. Roxit complements Visma's portfolio in terms of both products, services and knowledge. Together, we have a package that will benefit both existing and new customers", says Rob Steneker, CEO at Roxit Group.
For more information, please contact:
Carsten Boje Møller, Divisional director, Visma Custom Solutions, +4521488431
Rob Steneker, CEO, Roxit Groep, +31653201856
About Roxit Groep:
Roxit Groep is one of the leading players in the Dutch private and (semi-) governmental software market. Roxit Groeps products are used in Permitting & Code Enforcement, Spatial Planning & Mapping, Web- & Enterprise Content Management and Underground Utilities. Roxit Groep acquired Green Valley, Crotec, Cebes, PSMS and Brein between 2015 and 2017, forming a leading player in mission critical front-, mid- and backoffice software.The product portfolios of the companies within the Roxit Groep are complementary to each other and provide a strategic fit as well as many synergistic benefits. Visit https://www.roxitgroep.nl/