Home
Resources
Follow portfolio news
...

Visma strengthens its HR software offering in Spain with the acquisition of tugesto

Published on
17/12/2024
Amended on
23/3/2026
0
minute(s)
Odyssey 2023
Visma
European leader in enterprise management software, Visma supports public and private organizations in their digital transformation through a comprehensive range of cloud solutions. Founded in Norway in 1996, the company is present in over 20 countries and has more than 1.6 million customers, to whom it offers innovative tools for human resources management, accounting, payroll and other essential business processes. With the acquisition of tugesto, Visma continues to expand its footprint in Spain, a key market in its growth strategy.
By
Charles Pinsolle
Charles Pinsolle
Visma strengthens its HR software offering in Spain with the acquisition of tugesto
This article has been automatically translated. Please excuse any inaccuracies or translation errors.
Dieser Artikel wurde automatisch übersetzt. Bitte entschuldigen Sie etwaige Ungenauigkeiten oder Übersetzungsfehler.
Questo articolo è stato tradotto automaticamente. Ci scusiamo per eventuali inesattezze o errori di traduzione.

Visma, the company behind the Vintage Altaroc Odyssey 2022, Odyssey 2023 and Discovery 2024, recently announced the acquisition of Spanish company tugesto. This marks Visma's fifth acquisition in Spain since entering the market in 2021, and represents a strategic step in adding payroll solutions to its software portfolio in Spain.

A shared vision for modern solutions

Yvette Hoogewerf, segment manager for mid-sized companies at Visma, underlines the importance of this acquisition: "We are delighted to welcome tugesto to the Visma family. Together, we'll be able to offer even more powerful HR solutions, tailored to companies ready to embrace modern, flexible cloud software."

For its part, tugesto will continue to operate under its current name and with its existing management team. The company retains its ambition to become a benchmark in digital transformation for companies and public administrations in Spain.

Revolutionizing business management in Spain

Manuel Fandos, CEO of tugesto, expresses his enthusiasm: "Joining Visma, one of the world's leading software companies, is a unique opportunity to revolutionize business management, particularly in the field of payroll software, where there is still so much to innovate in Spain."

With this acquisition, Visma strengthens its presence in Spain and consolidates its expansion strategy, offering Spanish companies ever more innovative tools tailored to their needs.

Other episodes on this topic

Explore our content collections, which bring together different formats around a single subject/issue/theme.
No articles in this category yet.
No items found.
Europe
Technology / Software
Welcome to Altaroc
To provide you with a tailored experience, we invite you to complete your profile.
Your profile
country of tax residence
Select
choosenCountry
Preferred language
Select
choosenLang
Your investor profile
Financial intermediary or Professional investor
Financial advisors, wealth management advisors, private bankers, or any other investment service providers.
Qualified Investor or Altaroc Investor
Experienced Investor or Altaroc Investor
Private investors who have already invested in Altaroc who have a minimum investment capacity of €100,000.
Private investors who have already invested in Altaroc who have a minimum investment capacity of €250,000.
Inexperienced investor
Individual investors with an investment capacity of less than €100,000.
Individual investors with an investment capacity of less than €250,000.
Institutional investor
Pension funds, retirement funds, asset management firms, and single-family offices.
Scroll down to accept General Terms and Conditions
The webpage you are trying to access is not available in your country.