2019: Sale of IT consulting company Avento to Visma
Avento is an IT consulting company experiencing high and profitable growth. The owners and management of the company saw the potential for further growth and wanted a strategic partner to contribute with robustness in size and strength combined with a wide portfolio of services, competence and technology. Visma acquired 70% ownership of Avento in 2019 with a goal of 100% ownership after a two-year earn-out period. Impello advised the owners of Avento in the entire process from partner search to negotiations and closing.
Team: Bjørnar Reitan, Thomas Kvaal
NOK 63 million
"Avento wanted a strategic owner/growth partner that could add breadth in services, competence and market access. Through a structured and effective process in cooperation with Impello, Visma became the preferred partner based on a total evaluation of conditions, strategic match and growth opportunities/synergies. We are very pleased with the contribution from Impello in ensuring a good process and solution for both shareholders and the company!" - Stian Bang, CEO