Draftit

April 2020

BUYER

BUYER: Visma, founded in 1996, is a Norwegian IT-company providing business-critical software including ERP and invoicing, CRM solutions, purchasing management and e-commerce solutions to small and medium sized enterprises, retailers and local authorities across the Nordics, Benelux, Central Europe and Eastern Europe. Visma has more than 10,000 employees and revenues of c. EUR 1,199m.

TARGET

Draftit, founded in 2003, is a SaaS legaltech company operating in the digital compliance area. Draftit’s software suite provides refined legal and regulatory information, improves and streamlines internal procedures and ensures regulatory compliance within Privacy, Human Resources, Salary, School Management and Social legislation. The solution enables organizations to reduce risks, make more informed business decisions, improve oversight monitoring and obtain efficiency gains. Draftit is focused on the SME segment and serves both private and public companies within most industry segments. With more than 3,000 customers in 3 countries, the Company has established itself as a leading Nordic provider of compliance software and high-end legal analytics.

SELLER

The company's founders

TRANSACTION

Exclusive negotiation