Cylande has been acquired by Cegid
November 2017 — The founder, management team and two French PE funds have sold Cylande, a leading provider of software solutions, to Cegid. This acquisition underpins Cegid's ambitious growth plans as it looks to accelerate its development in the rapidly evolving retail sector. Financial details have not been disclosed.
Founded more than 30 years ago, Cylande is a leading provider of retail software solutions. The group helps retailers and specialty brands in France and abroad to develop their business. The united retail portfolio offers a wide range of omni-channel solutions that handle all distribution channels, all store sizes and all types of distribution networks. Cylande has a proven value proposition and the company works with more than 180 world-renowned brands reflecting its successful strategy and high quality solutions.
A leader in the digital transformation, Cegid offers management systems and cloud services to help customers improve their performance. The group offers a wide range of solutions for financial management, tax, and human resources as well as business applications aimed at the retail, manufacturing, wholesale, and services sectors, the accountancy profession, and public sector organizations. Driven by an ambitious innovation policy, Cegid solutions integrate cloud services, mobile technology, data analysis, digitization and collaborative business platforms. Cegid is an international group with 120,000 customers in 75 countries, 2,200 employees and revenues of US$315 million in 2016.
Our role in the transaction
Oaklins' team in France advised the sellers in this transaction.
Talk to the deal team
Related deals
Nymann Kloak- & Miljøservice has been acquired by Serwent Group
Nymann Kloak- & Miljøservice has been acquired by Serwent Group. The acquisition expands Serwent’s footprint in Denmark while broadening its service offering and strengthening capacity across its existing platform. This transaction further supports Serwent’s ambition to become the leading Nordic operator in underground infrastructure maintenance.
Learn moreHeka Dental has joined forces with Impilo to anchor focused buy-and-build strategy
Heka Dental, a leading Danish designer and manufacturer of premium dental treatment units, has been acquired by the Swedish private equity firm Impilo. The acquisition establishes Heka Dental as a strategic platform for consolidation in the European dental equipment market. Impilo will execute a focused buy-and-build strategy to accelerate growth and expand its footprint across Europe.
Learn moreGP-Connect has joined forces with Transformation Capital to accelerate growth
Transformation Capital, a Netherlands-based investment firm, has joined forces with GP-Connect, a leading international secondment platform with specialized brands serving the hospitality, IT, skilled labor, technical services and dental sectors. As part of the transaction, GP-Connect welcomes Transformation Capital as its new shareholder to support the company’s next phase of growth, while the founders and existing shareholders will remain actively involved. The partnership will focus on executing a targeted buy-and-build strategy, expanding the business internationally and further strengthening GP-Connect’s portfolio.
Learn more