DineroD

Dinero – Sell side: Undisclosed amount

Tofte & Company – Dinero sold to Visma

We are proud and happy to announce that Dinero, the most intuitive accounting program in the World, has been acquired by Visma, which is recognized as the leading accounting software provider in the Nordics.

Dinero has from the offset been building their product for the customer, aiming at making life easier for the many entrepreneurs eager to spend time on developing their business rather than doing administrative tasks. The company was established in 2012 and has of today more than 110,000 registered users.

“It has been a big pleasure working with Tofte & Company. They have relentlessly been working on the process and delivered the deal we wanted. I am extremely impressed by their deal making skills,” says Martin Thorborg, CEO of Dinero.

“I am delighted to have had the opportunity to work with Dinero. They have build a world-class product and you immediately sense their uncompromising prioritization of the needs of their customers as they develop business and product. I am deeply impressed by the work of Martin and his team,” says Thomas Tofte, Managing Partner of Tofte & Company.

The acquisition is part of the strategy of Visma to deliver the best accounting and business solutions to all small and medium-sized businesses in Denmark. “Dinero has been through an impressive development and has made a fantastic accounting program that makes it extremely easy for smaller businesses to handle their bookkeeping,” says Mads Rebsdorf Director of Visma Software in Denmark.

About Dinero:

Dinero is an online accounting program enabling users without prior qualifications to do the bookkeeping themselves. Since formation in 2012 Dinero has been experiencing a very aggressive growth and high user satisfaction. The company was founded by serial entrepreneur Martin Thorborg and David Andersen.