Visma buys up Danish Kapacity.

Denmark Norway M&A 26 April 2018
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Kapacity, a Copenhagen, Denmark-based company providing IT consulting services, announced getting into agreement with Norway-based Visma for selling the company.

The financial details of the transaction remain undisclosed, while the deal is made for acquiring 60% of the shares in Kapacity.

Kapacity, led by CEO Philip Lykke Christensen, specializes in different genres in business analytics and advanced data analysis based on solutions from Microsoft, IBM and Targit. The company has 75 employees and in the 2017 fiscal year recorded revenue of DKK 77.2M ($12.5M) and a profit of DKK 7.3M.