Visma is one of the largest PE backed software companies in Europe with over 14,500 employees. The company is best known for its ERP software which is used by SME, enterprise and public sector customers. The business has revenues of over €2bn.
Visma is majority owned by PE firm Hg Capital, with minority stakes being held by Warburg Pincus and TPG. It is reported the company is valued at over €20bn.
Lystad was appointed CTO in 2023 having previously been Director of Cloud and Engineering for the company. He holds a BSc in Computer Science from NTNU and a MSc in Embedded Systems from the University of South-East Norway.
Visma develops and delivers software to small businesses, medium and large enterprises, and the public sector – improving the work-life of millions of people around the world. Its software simplifies and automates complex and manual work processes, empowering people’s everyday lives.
Visma is a collection of entrepreneurial companies, each with their own start-up mentality, personality, and leadership. All its companies have business autonomy and go-to-market freedom.