Global alternative investment manager CVC, via the CVC Capital Partners Fund VIII, is to acquire Visma’s IT consulting business, which focusses on digital transformation.

The business has been a part of the Visma Custom Solutions division and is a provider of mission-critical IT solutions and data-driven technologies, powered by 2,000 highly skilled professionals across the Nordic region and in Lithuania, and serving 8,000 customers in the private and public sector.

CVC has been active in the Nordic markets for more than 20 years, successfully partnering with numerous companies in the region.

Read more: Private Equity Wire