improve it or discuss these issues on the talk page . learn how and when to remove these template messages this article needs additional citations for verification . please help improve this article by adding citations to reliable sources . unsourced material may be challenged and removed . june 2015 learn how and when to remove this template message the topic of this article may not meet wikipedia s notability guidelines for companies and organizations . please help to establish notability by citing reliable secondary sources that are independent of the topic and provide significant coverage of it beyond its mere trivial mention . if notability can not be established the article is likely to be merged redirected or deleted . find sources visma news newspapers books scholar jstor free images september 2013 learn how and when to remove this template message learn how and when to remove this template message visma type private industry computer software genre business software provider founded oslo norway 1996 1996 headquarters oslo norway number of locations norway sweden denmark finland the netherlands latvia romania area served europe key people ystein moan ceo products business software business process outsourcing retail it it consultancy e government solutions revenue nok 7 100 million 2014 owner kkr 31 33 % hgcapital 31.33 cinven 31.33 visma management 6 % number of employees 6 700 2014 divisions software smb software government and large accounts business process outsourcing bpo website visma.com footnotes references 1 visma is a provider of business software outsourcing services commerce solutions retail it solutions and it related development and consultancy . the company has 400 000 customers with the vast majority in northern europe . it has 6 700 employees and a net revenue amounted to nok 7 100 million in 2014 . the company was formed in 1996 through the merging of the companies multisoft spectec and dovre information systems . today the group comprises three divisions visma software smb visma software government and large accounts and visma bpo business process outsourcing . visma has approximately 100 offices the majority of which are local accounting practices throughout norway sweden denmark finland the netherlands the united kingdom ireland lithuania romania and latvia . in addition the company has 1 100 resellers and distribution through partners in several european countries . the headquarter is located in oslo norway . 2 contents 1 organisation 2 ystein moan ceo 3 corporate history 4 references organisation edit visma software smb the software smb division is headed by division director eivind gundersen . in 2014 the division had a revenue of nok 2867 million . the total revenue for the visma group was nok 7119 million . of visma s 6 700 employee 1876 work in the software smb division . the division provide small businesses with business administration software solutions for web based accounting and invoicing crm purchase pooling web shops and email and hosting services . visma software gla the software government and large accounts division is headed by acting division director ystein moan . in 2014 the division had a revenue of nok 2440 million . the total revenue for the visma group was nok 7119 million . of visma s 6 700 employee 2198 work in the software gla division . the division provides it solutions for central and local government institutions and organizations providing education welfare services and healthcare services along with non profit and non government organisations large enterprises and retailers . visma bpo the bpo division offer business process outsourcing services such as accounting payroll and management consulting . the division is headed by division director roar wiik andreassen . in 2014 the division had a revenue of nok 1812 million . the total revenue for the visma group was nok 7119 million . of visma s 6700 employee 2242 work in the bpo division . ystein moan ceo edit visma ceo ystein moan born 1959 is an msc computer science at the university of oslo . prior to visma moan was the founder and managing director of cinet as . since taking the reins as the ceo of the visma group in 1997 moan has led the company to become one of the companies in the nordic region . he has taken the company from 300 to 5 500 employees and increased revenue from nok 250 million to nok 7 119 million 2014 figures . 3 corporate history edit 1996 the visma group has its first year of operations . visma public on oslo stock exchange . multisoft asa spectec asa and dovre information systems as merge . three key products spectec marine visma logistics and visma business . 1997 a turbulent year due to growth ambitions that exceeded the company s resources the company experienced a financial crisis in the year s second quarter . the company had to be re financed and re structured and most of the management and the board of directors were replaced . the turnaround ystein moan joins as ceo and a new strategy is put into action . the new board manages to raise mnok 100 in new share capital but must lay off 1 3 of staff . 1998 at the beginning of 1998 the company again emerged as a stable and strong enterprise building the visma marine division to a global leader within the fishing industry . 1999 visma establishes subsidiaries in denmark and uk . the company makes its first step towards saas launching visma business e commerce and starting work on developing web and wap extensions of all the visma applications . 2000 the major event of 2000 was the sale of visma marine asa s operations to dutch company station12 . 4 visma received a cash payment of mnok 730 . the considerable financial resources would be used to generate vigorous growth . new strategy to offer both software and outsourcing within accounting finance and payroll . 2001 visma acquires spcs the swedish market leader within the small business segment . 5 later in the year the company enters the finnish market through the acquisition of liinos . 2002 with the spcs developed software avendo visma enters the norwegian micro market . the bpo division enters the danish market through the acquisition of bogholderi & administrasjon and the acquisition of m re datasystemer sees visma enter the public sector . 2003 visma enters major cooperation agreements with norway s largest bank dnb and the national postal service . 2004 visma establishes an electronic data center in oslo which processed 2 million incoming invoices in 2005 . the company also makes big strides in the public sector with debt collection and temp services added to the portfolio . 2005 steady growth both organically and through eleven acquisition . visma s management trainee program is initiated . 2006 2008 visma enters the dutch market through the acquisition of software company accountview . 6 a change of ownership sees british private equity firm hgcapital become the new majority owner . hgcapital de lists visma from the oslo stock exchange . 2009 the company s retail it division is established providing retail businesses with a complete setup from hardware and implementation to consultancy and support . this is also the year visma s signature headquarter building in sk yen oslo is completed ready to house 800 of the company s norwegian staff . 7 visma reaches a landmark 10 000 saas users and becomes finland s second largest accounting firm . 2010 kohlberg kravis & roberts kkr acquires a 76.9 % ownership in visma . 8 at the time the transaction values visma at an enterprise value of nok 11 billion . visma was kkr s first investment in norway . hgcapital the previous majority owner of visma retained a significant minority ownership of 17.7 % management of visma increased its ownership in the business to 5.3 % . 9 earlier that year visma entered the it consultancy market in norway sweden and denmark through the acquisition of sirius it 10 2011 in norway visma acquires mamut its rival in the micro segment . 11 12 included in the acquisition is international web hosting company active24 . 2012 visma launches visma.net a world leading saas solution for small and medium sized businesses . 13 at launch the suite includes erp crm and expense management . later this year visma introduces net promoter score a renowned customer satisfaction and nurturing program 2013 visma signs its biggest deal to date to develop admin and communication solution for norwegian schools . through the acquisition of the duetto group visma enters the finnish debt collection market . 14 2014 visma widens its shareholder base to include cinven and is valued at nok 21 billion . 15 16 the new owner structure becomes cinven hgcapital and kkr with 31.3 % ownership each and the visma management with 6 % ownership . 17 references edit board and owners . visma . retrieved september 15 2015 . visma headquarter in sk yen oslo annual report 2013 visma to sell division to station 12 agreement on integration with spcs hgcapital strengthens visma as through the acquisition of accountview b.v. official opening of visma s new headquarters in oslo kkr agrees to pay 935 million for stake in software maker kkr to become new majority owner of visma visma further strengthens its nordic position through acquisition of sirius it visma offers to buy mamut visma intends to make voluntary offer to acquire mamut visma delivers a strong quarter and launches ground breaking cloud services visma acquires duetto group and enters the finnish debt collection market visma valued at nok 21 billion widens shareholder base buyout firm cinven to invest in norway s visma as visma widens shareholder base . valued at nok 21 billion v t e kohlberg kravis roberts founders jerome kohlberg jr. henry kravis george r. roberts selected current investments academy sports outdoors alliance boots aricent group avago biomet bharti enterprises capsugel cicc caf coffee day colonial pipeline del monte foods dollar general eastman kodak el paso corp. energy future holdings first data harman international industries hospital corporation of america kion group laureate education legg mason legrand magma fincorp maxeda nielsen holdings northgate information solutions nxp semiconductors oriental brewery pets at home prosiebensat .1 media sealy corporation seven west media sungard tdc a s toys r us us foods visma wild yageo zhone technologies category retrieved from https en.wikipedia.org w index.php title visma & oldid 743016057 categories software companies of norwaycrm software companieserp software companiescompanies established in 1996kohlberg kravis roberts companiescompanies based in oslohidden categories articles needing additional references from june 2015all articles needing additional referencesarticles with topics of unclear notability from september 2013all articles with topics of unclear notability navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read 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