Ropes & Gray Advises on Reinvestment into Visma, Valuing the Company at €19 billion

In The News
December 22, 2023

Ropes & Gray has advised Intermediate Capital Group (ICG), a co-investor in Visma – a leading provider of mission-critical cloud software in Europe and Latin-America – on a secondary sale of Visma shares, with over €1 billion of equity investment from new investors including Jane Street, CalPERS, NPS, Altaroc and NYC Retirement System and around €3 billion net new investment from existing shareholders, including ICG, Hg, GIC, TPG and Visma management.

The transaction, which values Visma at €19 billion, will support the company’s growth strategy of international expansion and product innovation.

The Ropes & Gray team included associates Nick Matthew and Will Allen. Other members of the team included finance partner Alex Robb and tax partner Chris Agnoli.