KKR to acquire majority stake in Visma

Norwegian business software provider Visma has announced that asset-management company Kohlberg Kravis and Roberts (KKR) has entered into an agreement to acquire a 76.9 per cent ownership in Visma Holding.

Investment company HgCapital, the previous majority owner of Visma, will retain a minority ownership of 17.7 per cent in the business and partner with KKR and management to develop Visma.