Expanding European SaaS consolidation
Visma appears to be continuing a disciplined expansion through acquisitions and minority investments in local SMB‑software providers across Europe, targeting payroll, accounting and e‑invoicing solutions.
Public signs include a minority stake in Chapsoft, the publisher of the French Wagyz platform; the formation of Inexchange as a consolidation of several e‑invoicing firms; the acquisition of Wineriz by Inqom; and Inqom’s continued M&A strategy in France.
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Visma took a minority stake in Chapsoft, the publisher of Wagyz, a French payroll and social administration platform.
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Inexchange, Maventa, mySupply and efacto announced a merger under the Inexchange brand, described as Visma’s largest e‑invoicing effort to date.
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A French report described Visma’s investment in Chapsoft as a minority stake with unchanged governance of Wagyz.
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Wineriz was acquired by Inqom, a company within the Visma Group, in France.
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A French accounting industry article noted that Visma’s country director for France will continue working on Inqom’s M&A strategy.