Announced
Financials
Sources
Tags
Single Bidder
Private
Domestic
it services
Friendly
Majority
Acquisition
Pending
Private Equity
France
IT Services: Other
Synopsis
Montefiore-backed European Digital Group, an investment platform for the B2B digital services economy, agreed to acquire Metsys, a provider of IT engineering services. Financial terms were not disclosed. "his funding from European Digital Group alongside BNP Paribas Développement, and the strong strategic support that the European Digital Group ecosystem already provides us with, will enable us to accelerate our growth by gaining new territories and exporting our expertise to the international to target a turnover of more than 100 million euros within 5 years and a thousand employees. And all this while maintaining the same closeness, and benevolence, with all of our experts!" Laurent Cayatte, Metsys Founding President.
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