Antwerp, Belgium and Oslo, Norway, 7 October 2022 – Visma, one of European leaders in cloud software, has acquired Beeple, a fast-growing Belgian tech scale-up that offers planning and communication solutions for organisations with flexible workers. Venero acted as exclusive financial advisor to Beeple. Beeple was founded by Karel Rabaut and Nathan Samson in 2016. Today, the company is a central platform connecting everything around HR and providing a direct line between staffing agencies, clients and temporary workers. Karel Rabaut, co-founder and CEO, said: "The acquisition by Visma is the next step in Beeple's growth story. We have the ambition to continue to grow steadily in the Benelux and explore new markets abroad. At Visma, we enter an ecosystem that understands our business and will help us to further scale up, especially in SaaS. We are convinced that this evolution will have a positive impact for both our customers and our employees."
Beeple will continue business activities as an independent company within the Visma group. "We are a recognisable and strong brand in the Benelux, so we will definitely stick to our own name and identity", says Nathan Samson, co-founder of Beeple. "Of course, we will establish exciting new collaborations with Visma companies. After all, we are proud to be part of such a great group. With Visma's knowledge of SaaS, business development, operational processes and IT best practices, we can accelerate our growth ambitions." On working with Venero, Karel commented: "I would like to extend our appreciation to the Venero team who supported Beeple's shareholders throughout this transaction. They helped us assess multiple options before selecting the one that was the best fit for us." Georgios Markakis, Managing Partner at Venero, said: "Beeple is a best-in-class company within its sector and we are proud to have supported them during this pivotal milestone. We are excited to see what the future holds for the company, now part of the Visma Group." This marks yet another successful HR Tech M&A transaction for Venero Capital Advisors this year, following the sale of employee engagement vendor Our Tandem to beqom, employee referral platform Firstbird to Radancy, time & attendance vendor Woffu to Visma, and more. Venero is the only international corporate finance advisory firm focusing exclusively on HR Tech and the Future of Work. More WorkTech/HRTech companies trust Venero Capital Advisors to deliver a successful M&A transaction than any other investment bank. We are incredibly proud to be the financial advisor of choice for Future of Work businesses globally. Enquiries For enquiries, please contact: Georgios Markakis, Managing Partner About Venero Capital Advisors Venero Capital Advisors offers tailored and independent investment banking services to businesses operating in HR Tech and the Future of Work sector. Our client relationships are built and carefully maintained on trust, discretion and dedication. We combine in-depth industry expertise with market leading advisory skills – delivered within a highly confidential and unconflicted framework. For more information, please visit www.venerocapitaladvisors.com To receive M&A and capital raising insights, deal announcements, research reports and news from Venero Capital Advisors, register here.
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