The Firm is representing KKR in connection with the sale of its entire remaining stake in Visma, a software services provider headquartered in Norway, to a consortium of investors comprising Hg Capital, ICG, Montagu and GIC. Cinven, an existing shareholder in Visma, sold 40% of its stake alongside KKR.

The transaction, which values Visma at $5.3 billion and is considered the largest ever software buyout in Europe, is subject to customary closing conditions.

The Simpson Thacher team includes Greg Conway, Sven-Frode Frølund and Patrick Scott (M&A); Lucy Jenkins (Credit); Meredith Jones and George Davis (Tax); and David Vann (Antitrust).