Visma | Onguard Strengthens Market Position with Acquisition of Outstanding24

Published: January 13, 2021

London - Visma | Onguard, the fintech company dedicated to the order-to-cash process, today announces the acquisition of Dutch scale-up, Outstanding24, taking over all activities and employees. With Outstanding24, Visma | Onguard adds an innovative cloud solution for efficiently organising debtor management for SMEs to its portfolio. This news sees the recently rebranded Visma | Onguard strengthening its position in the market whilst enabling Outstanding24 to realise its growth ambition.

Anton Maas, director of Outstanding24 comments, "For Outstanding24, the acquisition comes at the right time. About three years ago, my associates and I found that entrepreneurs in the Netherlands regularly struggle with their processes for reminders and debtor management. After more than two years of growing and marketing our online solution in the SME market, we are now looking forward to embarking on our next step with Visma | Onguard and continuing the growth path we are on. We are extremely proud that from today we can be part of the Visma family and use the Visma network to realise our growth ambition. We look forward to a very successful collaboration."

Marieke Saeij, CEO of Visma | Onguard welcomes the addition of Outstanding24, adding, "The strength of Visma | Onguard is in our offering of the complete order-to-cash process on a single platform. With Outstanding24's combined expertise and portfolio, we can now help even more organisations optimise their processes. In addition, Visma Netherlands benefits from the acquisition as we can also offer a suitable solution for debtor management to the customers of other Visma companies. This fits perfectly into Visma's 'better together' strategy. We are very proud that Outstanding24 is now part of Visma | Onguard."

Article Last Updated: January 13, 2021