Rindegastos has been acquired by Visma

Rindegastos S.p.A. has been acquired by Visma. The transaction involved the sale of 100% of the company, with 60% of the shares transferred at closing and the remaining shares to be sold through deferred payments, contingent on Rindegastos’ future performance. This structure aims to align incentives around the company’s continued growth and expansion, ensuring a change of control that reflects Rindegastos’ long-term vision and expectations.

Founded in 2015, Rindegastos is a Chilean company that provides a platform enabling businesses to automate and streamline their expense reporting processes, reducing the risk of fraud and ensuring compliance with internal policies. In addition to Chile, the company currently operates in Peru, Mexico, Colombia and Argentina, serving more than 3,000 recurring clients.

Visma is a Norwegian company with over 25 years of history, providing B2B software services to more than two million clients across Europe and Latin America. The company has expanded into new markets through an active M&A strategy, completing over 180 acquisitions in recent years.

Oaklins’ team in Chile acted as financial advisor to the shareholders of Rindegastos in the company’s sale to Visma. With this transaction, the team completes its second successful SaaS company deal with Visma in the past two years.