Announced
Completed
Financials
Sources
Tags
insurance software
Completed
Private
Private Equity
France
Publishing
Majority
Friendly
Acquisition
Single Bidder
cash management
Domestic
Synopsis
Silver Lake Partners-backed Cegid, a provider of cloud business management solutions for finance, completed the acquisition of Artaud Croutheoux & Associes, a publisher of cash management, accounting, financial flows and insurance software. Financial terms were not disclosed. "ACA not only has particularly innovative cloud solutions, but it also has teams of experts unanimously recognized in their profession. We look forward to joining this team of experienced professionals and ACA's portfolio of solutions that will quickly be marketed to Cegid customers as a natural complement to their current solution,” Pascal Houillon, Cegid CEO.
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