Visma, an established leader in business-critical software for private enterprises and public organisations in the Nordics, Baltics and Benelux, acquires Circle Software, leading provider of cloud software solutions for case management and collaboration in the Netherlands.
Visma has grown exponentially in the Dutch market with a number of acquisitions over the last few years, which include Visma Connect, Visma Raet, ProActive, Visma Idella, PinkWeb, HR2day, Dotweb, VerzuimSignaal, PlusPort and Visma Roxit. By acquiring Circle Software, Visma continues its advancement in the Netherlands, with now around €350 million in revenue and over 2 000 employees in this highly strategic region, strengthening its leadership in the European market.
Circle Software has grown to become one of the leading public sector software development and implementation experts in the Netherlands, specialising in case management and collaboration solutions. Circle Software will strengthen Visma’s position within eGovernment targeted segments in the Netherlands with solutions that contribute to improving efficiency and productivity for governmental and educational organisations as well as Dutch citizens and students.
“We are very pleased that Circle has decided to join the Visma family. Together with Visma Connect and Visma Roxit, Circle will strengthen our position within eGovernment solutions in the Dutch market. Circle is a strong player within the public sector and we believe their values and drive will be a good fit with Visma”, says Carsten Boje Møller, Division Director of Visma Custom Solutions.
Circle Software, as part of the Visma group, will continue as an independent entity, but will be rebranded to Visma I Circle within the first year in order to gain synergies from the strong growth and brand development of Visma in the Dutch market.
“We are pleased to continue developing our business with a strong company like Visma as our owner. It is an important step in the acceleration of our growth strategy to be part of such an ambitious and fast-growing company. Circle benefits from the broad experience, knowledge and drive of Visma. I am convinced that our existing and new customers will benefit most from this acquisition and I look forward to further developing Circle within Visma also because of the relationship with our new sister company Visma Roxit. Together we are able to give customers freedom of choice in combination with a more complete service. At the same time, as competitors, we continue to keep each other on our toes”, says Marko Adema, CEO of Circle Software.
Rob Steneker, Managing Director of Visma Roxit confirms, “Roxit and Circle already work together in a pleasant way with various customers. Because we now both belong to the Visma family we can bring that cooperation to an even higher level for our customers. In addition, our customers will benefit from the fact that we keep challenging each other.”
“We are proud to welcome Circle to the Visma family, giving Circle a platform to deliver on their belief that information and technology should make people enthusiastic and have organisations excel. With Circle joining the Visma family we further increase the freedom of choice for our customers to enable them to improve every day", says John Reynders, Country Director for Visma Netherlands.