Clearwater has advised efacto, a leading Nordic provider of AI-based e-invoice management software, on its sale to Visma, an innovative business software company.
With offices in Hellerup, Denmark, Oslo, and Hamburg, and more than 3000 clients across the entire Europe, efacto offers advanced SaaS solutions for managing inbound and outbound invoice flows. The company markets highly advanced and pioneering products within e-invoice management solutions with the purpose of simplifying everyday tasks, increasing employee productivity and enhancing accounting efficiency for clients.
efacto has achieved a market-leading position in Norway and Denmark with expanding operations in Germany. Its accelerating growth is driven by the development and distribution of its unique revolutionary products. The company has an impressive portfolio of top-tier Nordic clients such as Nordea and ISS Facility Service, as well as a range of municipalities.
Visma is a leading supplier of business-critical cloud software with a turnover of €2.06bn in 2022, 14,000 employees, and 1.4 million clients across Europe and Latin America.
This partnership will enable efacto to further accelerate growth by leveraging Visma’s extensive customer base, while benefiting from the sales, marketing and tech capabilities of the Visma group.
