Observed Signal · Jul 8, 2024 · M&A - Completed · Source: Tech.eu · Impact: 2/5 · Sentiment: Neutral
Visma Acquires Croatian SaaS Provider Moj eRačun
Visma, a European SaaS group, has acquired Moj eRačun, a Croatian provider of e-invoicing and document management software. Founded in 2014, Moj eRačun offers cloud solutions integrating with over 400 ERP systems, helping Croatian businesses prepare for mandatory B2B invoicing in 2025. The company will continue to operate independently with its existing management and brand under Visma. This marks Visma's entry into the Croatian market, following expansions in Italy, Spain, Germany, Portugal, and France. Visma recently acquired MyCompanyFiles in France in May. Visma now comprises over 180 software companies across 33 countries, serving 1.8 million customers.
This acquisition expands Visma's European footprint into Croatia, but its direct impact on the AdTech/MarTech industry is limited. It signals continued consolidation in the European SaaS market, which may indirectly affect digital infrastructure.
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Key Takeaways & Evidence Grounding
- Visma acquired Moj eRačun, a Croatian SaaS provider.
- Moj eRačun was founded in 2014 and offers eInvoicing and document management solutions.
- Moj eRačun integrates with over 400 ERP systems.
- The acquisition marks Visma's entry into the Croatian market.
- Visma operates more than 180 software companies in 33 countries, serving 1.8 million customers.
Connected Companies & Entities
1 Entity mapped“Visma has acquired Moj eRačun, a leading provider of SaaS business tools in Croatia....”
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Investor Presentation Released: Visma Software International AS
AI parsed presentation narrative: Visma is demonstrating strong organic growth and record-high ARR driven by regulatory tailwinds in digital accounting and e-invoicing. The company is successfully transitioning to a high-margin SaaS model (91% of revenue) while utilizing strategic M&A and AI integration to solidify its position in the SMB and Public sectors. Strategic pillars: Regulatory-Driven Digitalization, AI-Linked Efficiency Gains.
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