Gaining control over House of Control could play a crucial part for the Norwegian unicorn which has been hinting at an IPO in 2023.
Norwegian SaaS company Visma, which offers a suite of accounting, payroll, HR, and other business software products to more than 1.2 million SME customers across the Nordic, Benelux and Baltic regions has submitted a bid to acquire contract management platform House of Control. The offer values House of Control at €66.59 million.
According to a statement released by both companies, Visma will pay for the company in cash.