iXO Private Equity and Société Générale to acquire a minority stake in MERITIS.

iXO Private Equity, a private equity firm, and Société Générale, a financial services company, agreed to acquire a minority stake in MERITIS, a technology consulting company. Financial terms were not disclosed. “We were seduced by MERITIS' dynamic growth and by its virtuous HR model based on a recognized expert position. Its development is based on a strong historical presence in the Banking Finance Insurance market, supplemented by sectoral and geographical diversification initiated several years ago. The structuring of the management team led for several years by Sébastien Videment with the rise of high-quality managers lays the foundations for dynamic development. The ability of this visionary team to unite employees around a common project allows the serene execution of a profitable and ambitious growth strategy, which we are very happy to support," Nicolas Charleux, iXO Private Equity. Associate Director.