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Freshfields advises Cinven on the partial sale of its stake in Visma

Freshfields Bruckhaus Deringer (‘Freshfields’) advised Cinven on its sale of 40% of its equity stake in Visma, a leading provider of business critical software to small and medium sized businesses in the Nordic and Benelux regions, to a group of investors led by HgCapital. 
 
An investor group led by HgCapital, an existing investor in Visma, together with GIC, Montagu and ICG, is also acquiring 100% of KKR's stake in the Group. Cinven retains a significant minority stake in the Group. The total transaction is valued at €4.7bn and is subject to regulatory approval. 
 
The Freshfields team was led by partners Adrian Maguire and Victoria Sigeti. 
 
This is the second large sale of a technology company by Cinven on which Freshfields has acted in the last 12 months. In late 2016, it was announced that the firm had advised Cinven on its €1.69bn sale of web services provider HEG to GoDaddy Inc. 
 
ENDS

Notes for editors

About Freshfields Bruckhaus Deringer
 
Freshfields Bruckhaus Deringer LLP is a global law firm with a long-standing track record of successfully supporting the world's leading national and multinational corporations, financial institutions and governments on ground-breaking and business-critical mandates. Our 2,800 plus lawyers deliver results worldwide through our own offices and alongside leading local firms. Our commitment, local and multi-national expertise and business know-how means our clients rely on us when it matters most.
 

The Freshfields team was led by: