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LinqUp sells its HR software companies to Visma
Successful scale-up realisation: 14x increase in recurring revenue in 6 years.
Syntegro nv, the Limburg-based software specialist in time registration and workforce planning joins the Visma group as from 3 January 2024. In six years, the company has grown into one of the market leaders in workforce management solutions in Belgium and the Netherlands. In April this year, it acquired Arinto, completing its offering with task and project planning software.
Creating 14 times more value
With this deal, LinqUp fully delivers on its promise of 'Creating great value'. In six years, recurrent turnover grew by a factor of 14. This provides Visma with a profitable dynamic company with satisfied customers and a very well-filled order portfolio. The company is ready for further growth.
© Sigrid Spinnox
And LinqUp is also ready for further steps. Because the successful transaction makes room for other scale-up companies that want to grow their business (internationally) faster and more structurally profitable.
"With our business and international expertise, we help our scale-up companies in every domain a business needs to grow stably and with value".
Peter Roelens CEO LinqUp
"A structured approach on the inside of the organisation, combined with a strong commercial strategy and an international network ensures profitable and rapid growth."
Nico Crauwels COO LinqUp
The Mechelen-based company LinqUp helps scale-ups grow into well-organised mature companies that make a difference in their market.
About LinqUp:
LinqUp invests in technology enterprises in the Benelux that need knowledge, financial resources and/or an international network to grow internationally. They can rely on international sales and marketing expertise as well as know-how in the field of HR, Legal, ERP, Accounting, Taxation, Process Management, etc.
The management behind LinqUp are Peter Roelens and Nico Crauwels. Two pragmatic entrepreneurs with proven results. The complementarity of their expertise ensures a strong synergy in their investment offerings. They aim high. Realistically, with the emphasis on efficiency.