Alyotech France has been acquired by Eurogiciel Groupe
The owners of Alyotech France have sold the company to Eurogiciel Groupe. Financial details have not been disclosed.
Alyotech France provides technology consulting and IT services in France to blue chip companies in the areas of network and information systems, electronic and embedded systems, technical and scientific computing, telecom engineering, quality and business management consulting, and security management consulting, as well as design, calculation and simulation.
Eurogiciel is a leading project support consulting company. Founded in 1989, the group is organized in three entities, according to business sector: ETOP International, project management consulting; EQUERT International, quality management; and EUROGICIEL Engineering, composed by the Systems & Software Engineering division (SSE) and the Information Technology Services division (ITS).
Alyotech had a diversified pool of shareholders which included five French private equity funds, several private investors and the management team.
Oaklins' team in France acted as the sole financial advisor to the seller in this transaction.
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