Visma Acquisition, Valuation, Funding & Investors

Deel is a San Francisco-headquartered global workforce management platform handling payroll, compliance, HR, and payments for employees and contractors in over 150 countries. The service includes Employer of Record and Contractor of Record options, automated invoicing, multi-currency transfers, and integrations with HRIS systems like Workday and BambooHR, ensuring local tax and benefits adherence.

Obic is one of Japan’s largest enterprise resource planning service providers with a dominant share of the Japanese midsize corporate market. Obic has three main business lines: system integration, system support, and office automation, and, thus, offers one-stop construction and operation of information systems centered on its proprietary ERP suite. The company, which has a 57-year history, reported fiscal March 2025 revenue of JPY 121.2 billion, with system integration contributing 41.5%, system support 52%, and office automation 6.5%.

HCL Technologies Ltd provides enterprises with IT solutions. It focuses on offering Digital, Internet of Things, Cloud, Automation, Cybersecurity, Infrastructure Management, and Engineering services to solve business problems for clients. It offers solutions to a variety of industries, including Financial Services, Public Services, Consumer Services, Healthcare, and Manufacturing. It operates in three segments: IT and Business Services, Engineering and R&D Services, and HCL Software. The firm emphasizes consultation services for firms, intending to offer them digital and design solutions. The majority of the firm's revenue comes from the IT and Business Services segment. Geographically, it derives maximum revenue from the USA, and the rest from Europe, India, and the Rest of the world.

The Sage Group is a U.K.-based provider of accounting and enterprise resource planning, or ERP, software, predominantly to customers in the U.S. and Europe. The company was founded in 1981 and historically sold on-premises software products with perpetual software licenses. However, the company is transitioning toward cloud connected and cloud native products, sold via software-as-a-service, or SaaS, contracts. Sage’s main cloud native products include Sage Accounting, for small businesses, and Sage Intacct, which Sage acquired in 2017, for midsize businesses.

Workday is a software company that offers human capital management, financial management, and business planning solutions for enterprises. Known for being a cloud-only software provider, Workday was founded in 2005 and is headquartered in Pleasanton, California.

Odoo is a Grand-Rosière-headquartered open-source suite of integrated business applications. Founded in 2005, it encompasses CRM, eCommerce, accounting, inventory, manufacturing, and HR modules that interconnect for streamlined operations. The platform powers small to large enterprises globally, with community and enterprise editions deployable on-premises or in the cloud.

Oracle Corp Japan is an information technology company. Its products cover database management, enterprise resource planning, supply chain management, data warehousing, customer relationship management, middleware, business intelligence, and application products. The firm provides cloud solutions, business solutions, industry solutions, mobile solutions, technology solutions and consulting, financing, training, cloud, and others. The company operates through three reportable segments: Cloud & License, Hardware Systems, and Services.

ServiceTitan Inc is an end-to-end technology platform built for contractors to transform the performance of their businesses. The Company’s platform provides business owners, technicians, customer service representatives and other key office staff with technology tools designed to help customers grow revenue, drive operational efficiencies, deliver a superior end-customer experience and monitor key business drivers in real-time. The Company also has subsidiaries in Yerevan, Armenia and British Columbia, Canada that primarily serve as research and development and support centers.

Yonyou Network Technology Co Ltd with its subsidiary, is engaged in technology development, technical consulting, hardware, and peripheral equipment; property management; sales of computer software, hardware, and peripheral equipment; design, production, and others. The company also offers training programs.

OutSystems is a low-code development platform leader headquartered in Lisbon, Portugal, enabling enterprises to build applications 10 times faster. It supports full lifecycle management with AI integration for mission-critical apps used by global brands like Mercedes-Benz and Vodafone.

Pennylane is a cloud-based financial operations platform automating accounting, invoicing, and expense management for European SMEs. Paris-headquartered since 2019, it integrates bank feeds, payroll, and tax compliance tools from providers like Stripe and Qonto, serving over 200,000 businesses across France.

G-P/Globalization Partners is a Boston- and San Diego-headquartered employer of record platform that facilitates hiring in over 187 countries. Its Global Expansion Platform handles payroll, tax compliance, and HR for international talent without establishing local entities. Regional hubs operate in London, Dubai, Mumbai, Sao Paulo, Mexico City, Singapore, and Berlin. The company holds Privacy Shield certification for HR data transfers and serves clients expanding sales, engineering, and support teams globally.

Totvs SA is a provider of information technology solutions to small and medium enterprises in the education, government, healthcare, and retail end markets. The Company's business purpose is to provide business solutions for companies of all sizes, through the development and sale of management software, productivity platforms, collaboration, and data intelligence, digital marketing, as well as the provision of implementation, consulting, advisory, maintenance services, e-commerce, and mobility. The Company operates in three reportable segments, which include the TOTVS Management segment, the RD Station segment, and the TOTVS Techfin segment. The majority of its revenues is generated from the TOTVS Management segment.

o9 Solutions is a Dallas-headquartered provider of AI-powered supply chain planning platforms, enabling integrated demand forecasting, inventory optimization, and P&L analytics. The Digital Brain unifies data across sales, operations, and finance for clients like Unilever and Google. Founded in 2009, o9 Solutions serves consumer goods and retail sectors globally through cloud deployment.

Kingdee International Software Group Co Ltd is engaged in cloud services, including enterprise cloud services, small & micro business finance cloud services, and industry cloud services; and enterprise resource planning business, including development and sales of software products. It has three operating segments; Cloud services business Including enterprise cloud services, small & micro business finance cloud services, and industry cloud services, ERP business and others including sales of software and hardware products, provision of software implementation, software solution consulting, maintenance, upgrade and other supporting services, and others, and Investment Properties operating business include the Operation of investment properties.

HighRadius is a Houston-headquartered provider of cloud-based autonomous finance software for the Office of the CFO. Its platform automates accounts receivable, treasury, and record-to-report processes for industries including manufacturing, distribution, consumer products, and energy. HighRadius serves over 1,000 enterprises worldwide with AI-driven cash application and credit management tools.

Smart Fabric is a SaaS cloud ERP platform that digitizes textile production and trade processes in China. The system links downstream garment factories and brands with upstream spinning mills, printing and dyeing factories, and weaving mills by breaking down customer orders. Internet of Things integration and ordering systems coordinate fabric production across participating factories. As an intelligent dispatching center, it facilitates collaboration among suppliers, manufacturers, and factories throughout the clothing supply chain.

Salesforce provides enterprise cloud computing solutions. The company offers customer relationship management technology that brings companies and customers together. Its Customer 360 platform helps the group deliver a single source of truth, connecting customer data across systems, apps, and devices to help companies sell, service, market, and conduct commerce. It also offers Service Cloud for customer support, Marketing Cloud for digital marketing campaigns, Commerce Cloud as an e-commerce engine, the Salesforce Platform, which allows enterprises to build applications, and other solutions, such as MuleSoft for data integration.