Hg-Backed Visma Said to Add 11 Banks to Blockbuster Software IPO

Visma AS has added banks to the lineup of its planned initial public offering, according to people familiar with the matter, in what could be one of Europe’s largest debuts this decade.

The Norwegian tech company, which had tapped Goldman Sachs Group Inc., Morgan Stanley and UBS Group AG to lead the IPO, has chosen at least 11 additional firms to work on the listing, the people said, asking not to be identified as the information is private. The number of banks working on the deal is indicative of the size and complexity of the prospective offering, which is ...