CPPIB invests in HgCapital-backed Visma Group
Canada Pension Plan Investment Board (CPPIB) has invested in Visma Group, an Oslo, Norway-based provider of business software and services in Europe. No financial terms were released for the deal, which will see CPPIB realize a part of the investment held by U.K. technology private equity firm HgCapital, Visma's majority shareholder. The company's other investors include Cinven, GIC, Intermediate Capital Group and Montagu Private Equity. Established in 1996, Visma serves about 800,000 private and public sector enterprise customers in the Nordic, Baltic and Benelux regions.
23 January 2019•2 mins read
