Clearwater International advises Genetics on its sale from Icelake Capital to Visma

Clearwater International advises Genetics on its sale from Icelake Capital to Visma

Clearwater International has advised Genetics, who with Nazca, is a joint force of New Generation Software Group (NGSG), on its sale from a portfolio company of IceLake Capital, to Visma.

Genetics has been providing total ICT solutions and services to the government since 1993. These solutions and services range from providing and implementing standard and customised software, to training and supporting users. The company focuses primarily on the field of licensing, supervision, and enforcement. Genetics is the partner of choice for municipalities, provinces, government agencies, water boards, safety regions, regional executive agencies, and other partnerships.

Nazca provides innovative services tailored to selected markets such as government, transport and logistics, and ground operations. These leading services contribute to the careful and complete conversion of location-related data into useful information, that can then be applied in the improvement of smart-city applications, transport and logistics, and the effective management of cables and pipes underground.

Through this acquisition, Visma, backed by HgCapital, expands its presence in the government sector as a technology partner, along with its chain partners. Genetics and Nazca will operate independently within the Visma Group.