We advised leading Nordic IT European Software company Visma in its acquisition of Jumis Pro, provider of Tildes Jumis, a suite of accounting and business management systems used by small and medium-sized enterprises in Latvia, including accounting service providers.

About Visma Group

Visma employs about 11000 people, providing software solutions to more than 1000000 customers in 16 countries and generating annual turnover of more than 1 526 million EUR. In Latvia Visma group is most widely known for its development and distribution of the Visma Horizon ERP system. Visma also offers business intelligence, system integration and development solutions for both public and private sector organizations in the country.

Our advice and team

Our advice included, inter alia, drafting the transaction documentation and representing the client in negotiations with the sellers.

The client was advised by Sorainen Latvia country managing partner Eva Berlaus with senior associate Renāte Purvinska.