A digital signing solution that makes signing easy, secure, and convenient. Sign digitally using eIDs, automate processes through signing flows.
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A digital signing solution that makes signing easy, secure, and convenient. Sign digitally using eIDs, automate processes through signing flows.
Penneo is a European Software-as-a-Service (SaaS) company providing secure digital signing and Know Your Customer (KYC) workflow solutions, helping businesses, especially auditors and legal firms, automate document processes, collect client info, and ensure regulatory compliance and secure data handling.
Less than two years after Viking Growth became the largest shareholder in publicly listed Penneo, the company was acquired by Visma in a strategic exit. The sale marked a record-setting premium percentage on the Danish stock exchange with a 110% premium. Since its founding, Penneo has consistently delivered strong growth in an attractive market. We sat down with Penneo CEO Christian Stendevad to hear his perspective on scaling a public SaaS company and how Visma’s acquisition came to life behind the scenes.
Penneo's way to rapid growth and strategic exit to Visma
Growth journey from investment
Record-setting premium % in Denmark of
110
X
%
+
# of customers
3000
X
%
+
Enterprise Value in MEUR
75
X
%
+
"Since Viking had worked with similar companies, like Signicat, they understood the strategic challenges we were facing—and whatever problem, idea or challenge, we always got valuable input. That kind of experience changes the quality of the conversations."
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