The Norwegian company Visma continues to expand in the Benelux and adds Syntegro to its network. Syntegro specializes in workforce management software.
Visma has made its year-end bargain: with a press release it announces its takeover of Syntegro. Syntegro is a company from Beringen that is known for its time recording and personnel planning solutions. The company was founded in 2007 and, with the support of a new partner who came on board five years ago, has become a reference in the field of workforce management.
Today Syntegro serves around 700 customers. This particularly affects large companies: eighty percent have at least 250 employees. Nothing will change for the company’s existing customers. The company name, products and all agreements remain intact.
Under the wing of Visma, Syntegro now wants to make a name for itself internationally, says managing director Frank De Weser. “Syntegro has become the absolute reference in workforce management solutions on the Belgian market. We have also been making progress in the Netherlands for some time. Thanks to Visma, we can now further accelerate our international growth.”
European network
With this new acquisition, Visma is gaining a stronger foothold in the Belgian IT market. The Norwegian cloud company was about to take over Teamleader in 2022. Beeple and Silverfin have also been added to this list, and Visma has also completed several acquisitions in the Netherlands, France and Germany. In this way, Visma is continually expanding its European network, acquisition by acquisition.
Mikael Westöö, Chairman of Visma: “In In a rapidly changing economy with acute staff shortages, companies must be able to realize the full potential of their employees. We therefore see an increasing need for workforce management solutions that enable the optimal deployment of employees within the framework of the new way of working. With the acquisition of Syntegro, Visma expands its HR workforce management portfolio and takes an important step to strengthen its position in this market.”