Contact

French software management group Berger-Levrault buys Absis and its subsidiary Tecnogeo, Catalan companies


, , ,
Integral service around a transaction
BY : Diego GutiérrezApril Fri, 2017
Last year, Berger-Levrault, a French software management company, bought the Spanish company Aytos, which operated in the same sector, to create its Spanish subsidiary. Just over a year later, Berger-Levrault bought Absis and its subsidiary Tecnogeo.
About Absis

French software management group Berger-Levrault buys Absis and its subsidiary Tecnogeo, Catalan companies

Absis, which was founded in 1982, is the parent company of the group. It specialises in management software for public administrations and operates in Spain through 5 branches and agreements with distributors. It currently has a staff of 115 people.

Absis' main solution is "SIGAP"The company offers an integrated management system for public administration. However, it also offers software for tax management, accounting management and e-government, among others.

 In 2015, Absis achieved a turnover of €5.3M, very similar to that of 2014. The company's turnover was as high as €9M in 2010.

About Tecnogeo

French software management group Berger-Levrault buys Absis and its subsidiary Tecnogeo, Catalan companies

 

It is the Absis Matrix created in 2008. This company is dedicated to the management of geospatial information for companies and public administrations. It is a distributor in Spain of Intergraph Geospatial.

Tecnogeo, has followed a different trend to Absis and has been growing over the last few years. The amount of sales in 2015 was 1.2M.

What does Berger-Levrault want to achieve with the purchase?

With this acquisition, Absis and Tecnogeo will bring to the group their expertise in the Information and Communication Technologies (ICT), e-Government and Geographic Information Technologies (GIT) consultancy sector. It will also strengthen Berger-Levrault's position in Spain.

Over the last few years, the company has achieved high growth rates in Spain, and this integration represents a continuation of the growth trend in our country. Aytos had a turnover of €11M in 2015.

Berger Levrault is present in France, Canada, Belgium and Morocco. For Absis, it is a good opportunity to enter the European market, where Berger-Levraut is one of the leaders, and to be able to offer better products to its customers.

 

Other posts that may interest you

Software AG buys Zementis, specialising in deep learning software

Software testing company Tricentis receives $165M round of funding

Technology consultancy CMC buys Prot-on and Daknosys to deliver better cybersecurity and data analytics solutions

 

 

The M&A Professionals

Meet our services

CONTACT US

MEET
OUR
METODOLOGY

Do you want to be up to date?

SUSCRIBE OUR NEWSLETTER

Our diferentiation

Market Research Technology
Our team of market analysis specialists is continuously analyzing the investments of the most active markets in the industry in order to unceasingly contribute ideas of the current market situation and identify the most relevant trends for senior management. We integrate the most relevant sources of information which allows us to discover the most interesting companies for venture capital and similarly helps us to identify the investors with the highest probability of involvement in an M&A process to ensure the success of our sell-side operations.

The reports and deductions of our advisors provide a broad view of the sector, both geographically and from the complementary or adjacent markets perspective.
Technology Data Analytics
for M&A
Advanced data anlytics is a weapon". Intelfin is an artificial intelligence tool we use for investing and creating value in SMEs through competitive analytics and the enterprise environment.

IntelFin consists of a cognitive system, which, through the application of advanced analytical technologies, facilitates the automation of investment and financing decisions in the field of non-listed companies and especially SMEs in high-growth sectors.

The information related to these companies is characterized by their lack of transparency and heterogeneity; thus, it is necessary to develop an advanced analysis which is as much predictive as prescriptive and is developed in a natural language custom, suitable to obtain greater clarity and knowledge of the investment scope.

The IntelFin system focuses especially on analyzing the variables that define and influence the competitive environment of a sector and the positioning of a company, analyzing their influence on future value creation. Therefore, IntelFin supports strategic decision-making to senior management by resolving questions such as:

¿What are my competitors' priorities, strategies and expansion plans? Who's my competition? Which competitor is most likely to grow at a higher rate?
Which areas of activity/business models will receive the most investment? Which sectors are most attractive to investors?
Which companies are going to experience the most growth in the near future? Which companies are most likely to receive investment or be acquired?
Training Methodology
We have developed training programs in an innovative set-up which guarantees our teams the acquisition of technical competences both in the field of corporate finance and in the field of psychology, that is much needed when it comes to negotiation processes.

We have a culture of continuous improvement of our processes, closely related to the use of information systems that allow the enhancement of internal communication between our teams, as well as external communication with our customers. Hence, we extend best practices identified internally in an efficient and rapid manner among our members.

Are you one of those who prefer to be well informed when making decisions?

M&A NEWS
INDUSTRIAL REPORTS
crossmenu