Finance
Euronext to buy Norwegian web service provider Admincontrol for $436 million
Published by Global Banking & Finance Review®
Posted on March 13, 2025
1 min readLast updated: January 24, 2026
Quick Summary
Euronext will acquire Admincontrol for $436 million, enhancing its SaaS offerings and expanding in Nordic markets. The deal closes by Q2, pending approvals.
Euronext Acquires Norwegian Admincontrol for $436 Million
(Reuters) - The pan-European exchange group Euronext on Thursday agreed to acquire Admincontrol from Norwegian IT consulting firm Visma for 4.65 billion Norwegian crowns ($436.03 million), the company said on Thursday.
The acquisition of the Norwegian web service provider falls in line with Euronext's strategic plan to improve its Software as a Service (SaaS) products and increase the share of "subscription-based" revenues.
"The acquisition of Admincontrol... expands our access to new markets in the Nordics where we have already expanded our presence over the years with promising growth prospects", Euronext CEO Stéphane Boujnah said in a statement.
The transaction, which will be paid in cash, is expected to close by the second quarter of this year, subject to regulatory approvals.
($1 = 10.6643 Norwegian crowns)
(Reporting by Mateusz Rabiega in Gdansk, Editing by Louise Heavens)
Key Takeaways
- •Euronext to acquire Admincontrol for $436 million.
- •Deal aligns with Euronext's SaaS strategy.
- •Acquisition expands Euronext's Nordic market presence.
- •Transaction to be completed by Q2, pending approvals.
- •Deal paid in cash by Euronext.
Frequently Asked Questions about Euronext to buy Norwegian web service provider Admincontrol for $436 million
1What is the main topic?
The main topic is Euronext's acquisition of Admincontrol for $436 million to enhance its SaaS offerings and expand in Nordic markets.
2Why is Euronext acquiring Admincontrol?
Euronext aims to improve its SaaS products and increase subscription-based revenues through this acquisition.
3When will the transaction be completed?
The transaction is expected to close by the second quarter of this year, pending regulatory approvals.
