Ageras to acquire Shine from Societe Generale.

Ageras, a leading provider of accounting software, agreed to acquire Shine, a French SME fintech firmm, from Societe Generale, a financial services firm. "This would be our largest and most significant acquisition to date, moving us closer to achieving our ambition of building the ultimate financial hub for small businesses across Europe. When completed, the combination of Shine's excellent banking product with our broad banking, accounting and business software, would enable us to deliver a complete offering of key financial solutions in France, mirroring our success in other core markets. We are truly impressed with what the Shine team has built and are looking forward to welcoming the team and together building the leading financial player for SMEs in France and across Europe," Rico Andersen, Ageras CEO.