Cegid Primavera, the Spanish business management solution provider has acquired 100% of Informàtica3 from its two founding partners, who will remain with the company during this new phase. This operation was advised and led by ONEtoONE Corporate Finance.
Cegid Iberia – Grupo Primavera incorporates with Informàtica3 a portfolio of 4,000 customers and more than 35,000 users, including entrepreneurs, consultants, managers, retailers, hoteliers and restaurateurs, thus accelerating the consolidation of the business software sector in Spain.
About the buyer: Cedig Iberia
Cegid is a leading global provider of cloud-based business management solutions for the Finance (Treasury, Tax and ERP), Human Resources (Payroll, Talent Management), Accounting, Retail, Entrepreneurship and Small Business sectors.
With a strong international ambition, Cegid has 4,400 employees and distributes its solutions in 130 countries with offices in 22 countries. Pascal Houillon, CEO of the company, joined Cegid in March 2017. Since the Silver Lake fund took a stake in its capital, its ambition has been to boost its inorganic growth outside France, its core market.
In the Iberian Peninsula, Cegid is a leader in Cloud business management solutions and has more than 1,300 employees, 700 partners and a pro-forma turnover that is expected to reach €169 million this year.
About the seller: Informàtica3
With more than 40 years of experience and headquartered in Girona, Informàtica3 is a leader in creating software solutions for business management aimed at small and medium-sized companies seeking to optimise their information processes.
Its mission is to offer a product that is close to end users, facilitating the administration of their company with programmes that, characterised by a high level of technological knowledge and simplicity of use, exceed the requirements of multiple sectors and environments. With more than thirty years in the management software sector, they have brought extensive knowledge and commitment to what they do.
Its integration into Cegid Primavera‘s portfolio of solutions will boost the growth of the company, which currently employs around 20 people and expects to achieve 3 million euros in sales this year.
The advisors: ONEtoONE Corporate Finance
This latest acquisition follows the recently announced acquisition of Gestión Remota, with which Cegid continues to consolidate its position as the leading global provider of cloud-based business management solutions in the Iberian Peninsula.
If you are considering selling your company, ONEtoONE Corporate Finance can help you get the best deal possible. We are a global firm dedicated to providing the highest value services to our clients through transparency and professionalism.
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