Visma Owners Said to Renew Selldown in $10 Billion Software Firm

  • Hg is among the owners weighing sale of up to 20% stake
  • Investors reaching out to select group of potential buyers
Photographer: John Taggart/Bloomberg
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Visma’s owners are reviving the sale of a stake that could value the Norwegian software company at more than $10 billion, according to people familiar with the matter.

Investors including private equity firm Hg are considering selling as much as 20%, the people said, asking not to be identified as the matter is private. They are targeting a select group of potential buyers and are unlikely to hold a formal auction process, the people said.