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Penneo

LegalTech·Denmark·Exited 2024·Held 12yr
Entry
2012
Hold
12yr
Exit
2024

Who owns Penneo?

Penneo is a Danish LegalTech company, now owned by Visma, which acquired it in 2024 from Accelerace.

Hand-verified · updated 2026-08-18

Open JSON · CC-BY
Accelerace
Most recent investor
Accelerace
Accelerace · 2008 · VC
2 ownership periods · full history below

Key facts

HQDenmark
SectorLegalTech
StatusAcquired
Key takeaways
  • ·Fully exited in 2024 to Visma.
  • ·Average hold across 2 realized cycles: 9 years.

Ownership history

2 ownership periods · co-invest detected

Exited
Last exited in 2024 to Visma.
Co-invest · 2 holders · 2012 · 2024
Accelerace
AcceleraceExited 2024
2012 · 2024(12yr) · Accelerace · 2008 · VC
Trade Sale · to Visma

Accelerace sold Penneo to Visma in 2024 after 12 years.

PreSeed Ventures
PreSeed VenturesExited 2020
2014 · 2020(6yr) · PreSeed Ventures (early) · 2000 · VC
IPO

PreSeed Ventures took Penneo public via IPO in 2020 after 6 years.

Questions

Who owns Penneo?

Penneo is now owned by Visma, which acquired it in 2024 from Accelerace.

When did Visma acquire Penneo?

Visma acquired Penneo in 2024, buying from Accelerace.

Who did Penneo sell to?

Accelerace sold Penneo to Visma in 2024 (Trade Sale).

Who has owned Penneo over time?

Penneo has been through 2 private-equity ownership periods: Accelerace · via Accelerace · 2012–2024 · sold to Visma · (Trade Sale); PreSeed Ventures · via PreSeed Ventures (early) · 2014–2020 · (IPO).

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