International acquisitions, Visma
Visma provides software that simplifies operating processes in the private and public sectors. Visma is active in Scandinavia, the Benelux and central and eastern Europe. In recent years, Visma has regularly acquired companies, strengthening its market position. Halsten provides support for the entire process, for example, by utilising the innovative strength of Halsten Legal Operations. Sometimes we also provide part of the post-transaction process: harmonising activities, such as getting the new asset off to a flying start.
Eliane Koelmans, legal counsel at Halsten:
“Acquisitions like these, which are often international, involve many aspects. Our team works closely with Visma’s general counsel, depending on the support needed. If desired, we take care of the entire process from Letter of Intent through to the Due Diligence investigation, mapping the entire legal side of the company in the areas of contracts, employment contracts and general terms and conditions.
These days, for cases of this type, we call on the expertise of our colleagues at Halsten Legal Operations. They are the engineers of our Luminance environment: an innovative software system that utilises artificial intelligence to quickly and safely analyse large quantities of legal documents. It is the perfect tool for taking the necessary steps in processes like these, in which time is always a key factor.
After the investigation, we continue to assist in the acquisition. We conduct negotiations, for example, draw up the acquisition agreement and any shareholder agreements involved, and assist our client in dealings with the civil-law notary.
Our strength in M&A is multidisciplinary: we contribute our extensive legal expertise, and we know our client’s business. We are a team of highly experienced legal counsels who have seen the inside of very many companies. As a result, we can not only provide the best legal solution but also ensure the best possible result in terms of operations and feasibility. The added value we bring to the post-transaction process is also unique. For example, we make recommendations regarding the harmonisation of the HR side of different companies. The client has a single point of contact but profits from the expertise of everyone at Halsten.”
Project features
- Years of M&A experience
- Support from Halsten Legal Operations with innovative solutions
- Highly experienced in the post-transaction process as well