Partial sale of Szamlazz.hu

Partial sale of Szamlazz.hu, the leading Hungarian online invoicing software provider to Visma based in Norway

Partial sale of Szamlazz.hu

Sector: IT and Technology

Sales (2014-2017):

+350%

No. of clients (2018):

100,000

Employees (2018):

20

Strategic investor acquired shareholding in Szamlazz.hu, the market leading provider of online invoicing software and other innovative fintech solutions.

Szamlazz.hu, founded in 2005, is one of the fastest growing IT companies in the region, which provides professional cloud-based solutions to more than 100,000 customers. The involvement of an international strategic partner will support the company in introducing new modern digital solutions which are not yet available for Hungarian businesses.

With annual revenue of EUR 1 billion and 8,500 employees, Norwegian Visma Group is the leading business software provider in the Scandinavian region. The transaction is an important milestone for Visma in establishing its presence in Central Eastern Europe.

Invescom Corporate Finance acted as exclusive transaction advisor to the sellers in the sale process, including identification of the buyer, leading the negotiations and managing the entire transaction process.

 

What our client said:

“Professional expertise is very important in an M&A process but at least so important are negotiation skills and always keeping a cool head. Invescom was unbeatable in all of these.

Ervin Egon Kis, strategic adviser and co-owner of Szamlazz.hu