Visma acquires public software provider ACOS
Visma has entered into an agreement to buy ACOS, a supplier of digital solutions to the public sector.
ACOS offers cloud software solutions for document processing and archive systems, CMS systems, as well as workflow management. The solutions can be used separately, or linked together to form a unique overall concept.
Its customer list includes most Norwegian municipalities and ministries, as well as a number of supervisory authorities and directorates, in addition to several private organisations.
Now ACOS will become part of Visma, Europe's leading supplier of mission-critical software.
"We are impressed by the position ACOS has built over time, based on first-class competence and products developed in close dialogue with users. The company's solutions perfectly complement Visma's existing offering to the public sector, and we look forward to growing and developing further together", says Kasper Lyhr, Public Segment Director in Visma.
A new chapter
ACOS will continue to operate as an independent company, under the same management.
"We are looking forward to a new and exciting chapter in the history of ACOS, now as part of the Visma family. We are now launching our new state-of-the-art product platform, and realised that the timing was right to bring in a strategic partner which can help us reach even more customers”, says Bent-Inge Storheim, managing director of ACOS.
Storheim highlights the importance of having found a partner that not only has a long-term perspective in the public sector, but can also open doors for ACOS-products in new markets.
“Visma is one of Europe's leading software companies, and gives us valuable access to a larger base of resources and expertise. This is important to ensure that we can continue to deliver the best solutions going forward”, says Storheim.
The acquisition is dependent on approval from the Norwegian competition authorities.
For more information, please contact:
Lage Bøhren, Director of Communications, +47 921 57 801
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.
