William Blair acted as the exclusive financial advisor to Mobilexpense, a portfolio company of Fortino Capital, in connection with its sale to Visma. The transaction closed on November 21, 2024.
About the Companies
Mobilexpense is an expense management tool with smart, simple, seamless solutions that allow CFOs, Finance and HR teams to maintain precise cost control over business expenditures globally and save valuable time. Mobilexpense helps enterprises and mid-sized companies increase control, productivity, and employee happiness every day.
Fortino Capital is a European investment firm focused on rapidly growing B2B software solutions. It manages two private equity growth funds and two venture capital funds. With offices in Belgium, the Netherlands, and Germany, Fortino supports exceptional and ambitious entrepreneurs across Europe.
Visma is a leading provider of mission-critical cloud software, with revenue of €2.4 billion in 2023, nearly 16,000 employees and 1.9 million customers across Europe and Latin America. Visma’s solutions seek to simplify and automate the work of businesses and organizations of all sizes.
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