We have advised Inqom, an artificial intelligence solutions startup, and its shareholders on the sale of a majority stake to Visma. Inqom is a French market leader in next-generation accounting software.
Inqom is a French start-up created in 2016 offering to accounting professionals in firms and within SMEs/ETIs a new generation AI-based SaaS software that automates accounting production and generates financial statements in real-time. Currently, more than 10,000 accounting firms and SMEs use Inqom to give meaning to their accounting.
Visma, one of Europe’s leading providers of mission-critical software with €2bn net revenue and 15,000 employees, acquires a majority stake in Inqom alongside its founders who will stay on board. They will together support the company’s ambition of developing the solution in Northern and Central Europe. This acquisition marks Visma’s entry into France, expanding the company’s presence to 29 countries across Europe and Latin America. Expanding from its Nordic base, Visma has grown to become one of Europe’s largest providers of cloud-delivered SaaS to the private and public sectors, focusing particularly on Accounting ERP, HRM and eGovernment software.
