Announced
Completed
Financials
Tags
France
Acquisition
Majority
Private Equity
Completed
Friendly
Publishing
publisher
software solutions
Cross Border
Private
Single Bidder
Synopsis
Bridgepoint Development Capital, a private equity firm, completed the acquisition of a majority stake in Groupe Sinari, a French publisher in software solutions for the road haulage and logistics sector, from NewAlpha, a private equity firm. Financial terms were not disclosed. "My team and I are delighted to have Bridgepoint Development Capital join us. It is a partner who shares our vision of the market and supports the project we launched five years ago. We are convinced that the digitalization of supply chain operating methods is a driving force for simplifying exchanges and making them more responsible. We are already a major player in this transformation in France, thanks to the experts in the transport sector that have joined the Group over the years. We must continue to develop this knowhow, but also extend it to other geographies to support this transformation that transcends borders. That is what this new partnership is all about". Sébastien Rufflé, Groupe Sinari CEO.
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