KKR said June 29 that it has agreed to sell its entire remaining stake in Visma, together with a smaller stake from Cinven, to an investor group led by HgCapital. GIC, Montagu and ICG are also part of the investor group. Press reports peg the Visma sale at $1.8 billion. KKR acquired Visma, a Norwegian software company, in 2010 at an enterprise value of $1.3 billion. KKR was advised on this transaction by ABG Sundal Collier, Morgan Stanley, Simpson Thacher & Bartlett, EY and OC&C.