Visma Expands Reach with Finmatics Acquisition

Wolf Theiss and Brandl Talos have been involved in advising roles for a significant acquisition within the cloud software industry. Visma, a major provider of cloud solutions, has acquired Finmatics, a pre-accounting software company. This transaction aims to enhance Visma’s presence in the DACH region and augment Finmatics' market position through the integration of AI-powered solutions. Visma's acquisition underscores its strategic emphasis on expanding its product range to optimize financial processes for a wide clientele, including accounting offices and corporates in Austria and Germany. The legal teams from Wolf Theiss and Brandl Talos played crucial roles in facilitating this deal, with several partners and associates involved in navigating the legal complexities of the acquisition.