Marlin Equity Partners sells Bluegarden
The investment firm Marlin Equity Partners has sold Bluegarden, a leading provider of payroll systems in Scandinavia, to the Norwegian IT group Visma. Plesner assisted Marlin Equity Partners with the sale.
Marlin Equity Partners acquired Bluegarden in the autumn of 2015 from a number of Danish banks, also assisted by Plesner.
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Visma's acquisition of Bluegarden is the latest of several major acquisitions by the Norwegian IT group.
The transaction is awaiting the final approval of the Danish competition authorities.