Order-to-cash solution specialist Onguard has been acquired by Visma Group.
Onguard joins the family of well-known Dutch brands in the Visma Group, including Visma Connect, Visma Raet, ProActive, Visma Idella, PinkWeb, HR2day, Dotweb, VerzuimSignaal, PlusPort, Circle Software, and Visma Roxit.
Based in Amsterdam, Netherlands, Onguard is a European market leader in cloud-based order-to-cash solutions, providing an end-to-end product suite ranging from solutions for risk management and invoicing to credit management and collections. Through a combination of Onguard’s core platform and partner products, the company is able to provide a flexible, horizontal solution that serves the needs of both small and large enterprises in numerous industries. The company serves over 30,000 business users across 600 companies, most notably Aon, Schiphol, BMW, and Lloyds Bank.
Visma has acquired Onguard from Main Capital, a strategic investor in the northwestern European software industry. Through Main’s leadership, acquisition strategy, and focus on partner and reseller ecosystems over the last six years, Onguard has experienced consistent growth.
Onguard CEO Marieke Saeij said “We are very pleased to continue to develop our business within the Visma group. Visma’s international presence and breadth of product offerings will help us to enhance our platform further, provide new possibilities for our customers and employees, and meet our growth targets. We look forward to the opportunity to extend our reach across the European market.”
Eivind Gundersen, Divisional Director of Visma Commerce Solutions said “The order-to-cash value chain is a strategic priority for us and we are therefore thrilled to welcome Onguard to the Visma family. Onguard’s cloud solutions will serve as a fitting complement to our solutions in the Netherlands. We also see great opportunities to grow together across Europe.”
John Reynders, Country Director of Visma Netherlands said “I’m proud to see Onguard joining the growing Visma family, further increasing the freedom of choice Visma offers our customers with a leading platform that gives customers an overview and control of their payment processes and cash flow while maintaining sustainable customer relationships.”