Visma, a leading provider of mission-critical business software across Europe and Latin America, has acquired Alavie, an Italian regulatory compliance software company serving accounting offices and professional service firms.
The acquisition strengthens Visma’s presence in Italy, where it is expanding its accounting and tax software offering. By bringing Alavie under its umbrella, Visma gains access to complementary compliance solutions tailored for accountants, notaries, and law firms. The deal value has not been disclosed.
Visma develops business-critical software to support financial and operational processes for organisations of all sizes. The company has built a strong footprint across Europe and Latin America, with a focus on cloud-based automation, compliance, and efficiency. Alavie, meanwhile, has grown rapidly in Italy, becoming a trusted partner for thousands of accounting offices. Its flagship Laegis AML platform automates up to 95% of compliance tasks, provides continuous monitoring, and issues proactive alerts to help firms meet regulatory requirements.
Alavie’s solutions address a fragmented Italian market that consists of more than 120,000 tax advisers and accountants. Many of these firms serve a large base of small and medium-sized businesses but lack the resources to manage in-house AML and KYC compliance expertise. The company also provides GDPR privacy tools and is preparing to launch Laegis Notary, a platform built for notary offices, in 2025.
For Visma, the acquisition represents a strategic fit for long-term growth in Italy. It enables the firm to offer a comprehensive suite of accounting, tax, and compliance software designed to enhance automation and efficiency while meeting regulatory requirements.
Visma chief commercial officer Steffen Torp said, “We’ve followed Alavie’s journey closely for a long time and have consistently been impressed by the team’s vision and execution within the regulatory software space. Their deep compliance expertise and commitment to quality make them an ideal partner as we strengthen our offer in Italy. We look forward to supporting Alavie’s continued innovation and helping more professionals navigate complex compliance requirements with confidence.”
Alavie founder Vito Ziccardi said, “Our partnership with Visma marks an exciting new chapter for Alavie. With Visma’s scale, resources, and deep expertise in SaaS, we will be able to continue to develop our platform and take it to the next level. Together, we’ll be able to fast-track development toward a fully integrated suite while delivering even greater value to our customers.”
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