Circle Software

HVG Law and EY Transaction Advisory Services advised the shareholders of Circle Software on the sale of all shares to Visma

Transaction

Visma, an established leader in business-critical software for private enterprises and public organisations in the Nordics, Baltics and Benelux, acquires Circle Software, leading provider of cloud software solutions for case management and collaboration in the Netherlands.

Visma has grown exponentially in the Dutch market with a number of acquisitions over the last few years, which include Visma Connect, Visma Raet, ProActive, Visma Idella, PinkWeb, HR2day, Dotweb, VerzuimSignaal, PlusPort and Visma Roxit. By acquiring Circle Software, Visma continues its advancement in the Netherlands, with now around €350 million in revenue and over 2 000 employees in this highly strategic region, strengthening its leadership in the European market.

Circle Software has grown to become one of the leading public sector software development and implementation experts in the Netherlands, specialising in case management and collaboration solutions. Circle Software will strengthen Visma’s position within eGovernment targeted segments in the Netherlands with solutions that contribute to improving efficiency and productivity for governmental and educational organisations as well as Dutch citizens and students.

“We are very proud to have advised the shareholders of Circle Software on this deal with Visma. Through this acquistion Circle Software will become part of the Visma family enabling future growth for its business.”

Susan ten Haaf

susan.ten.haaf@hvglaw.nl +31 88 407 45 15