Generis will support Watsoft to accelerate its organic development and seize external growth opportunities
Watsoft has completed an LBO alongside Generis Capital Partners.
Founded in 2001, Watsoft is a distributor of high value-added security, backup, archiving, IT outsourcing, messaging and telephony software solutions under license and SaaS module. The company has established long-term partnerships with +15 best-in-class software publishers (e.g. Kaspersky, Solarwinds N-Able, Cortex IT, Ringover and Altarro) and distributes its product offering to more than 4,000 faithful managed service providers (MSPs) and value-added resellers (VARs), mainly in France. Watsoft also provides services, such as webinars, certified training, technical support and consulting – a complementary service offering that the company is willing to develop in the short term. In 2006, Watsoft shifted from a B2B to a SaaS business model, providing a high level of recurring revenue and cash visibility (>65% ARR). Today, the company is considered a point of reference within the MSP ecosystem and benefits from strong market dynamics, such as the massive shift to cloud services, extensive use of SaaS-based collaboration services and acceleration of Infrastructure-as-a-Service inducing more risk exposure in terms of data protection.
Generis Capital Partners is an independent investment firm dedicated to private equity. Founded by Thibaut de Roux in 2008 and owned by entrepreneurs, Generis Capital Partners supports the growth of SMEs in France and abroad. In 2009, the firm created the first venture loan funds in France, and in 2011, the first private equity fund to share and redistribute profits for the benefit of entrepreneurs’ associations working to create jobs and develop entrepreneurship in France and abroad. With more than 14 years of experience, Generis Capital Partners has supported more than 130 companies in various sectors with US$1–10 million tickets.
Oaklins’ team in France assisted Watsoft and its shareholders throughout a dual-track process to structure the most attractive transaction.
Talk to the deal team
Related deals
Dolmans Landscaping Group has welcomed Foreman Capital as a new shareholder to support further growth
Dolmans Landscaping Group, a leading full-service provider of landscaping services, has welcomed Foreman Capital as a new shareholder. By partnering with Foreman Capital, which has extensive experience in building stronger companies in the maintenance of public spaces, Dolmans can accelerate its growth trajectory across core verticals and further professionalize the business.
Learn moreValmiermuižas Alus has been acquired by Cēsu Alus
Valmiermuižas Alus has been acquired by Cēsu Alus AS through the purchase of 100% of its shares. The transaction enabled the founder’s exit and strengthened the company’s platform for continued growth within a consolidating Baltic beverage market.
Learn moreNetNordic has acquired Itectra
Norvestor-backed NetNordic has acquired Danish optical network solutions firm Itectra. The transaction marks NetNordic’s 25th acquisition since 2015, further strengthening its position in the Nordic market. It enables NetNordic to expand its market relevance through deeper expertise in optical network solutions, consolidating its standing in larger Nordic projects and creating cross-selling opportunities between NetNordic’s network solutions and Itectra’s optical capabilities.
Learn more