Waterland-backed Sofyne Active Technology completed the merger with AG Solution.

Waterland-backed Sofyne Active Technology, a software integration company, completed the merger with AG Solution, an automation, process control, and OT security company to form Saphir. Financial terms were not disclosed. “We are convinced of the strategic importance of this partnership, and that’s why we’re committed to supporting Sofyne Active Technology, AG Solution, and their leadership teams at every step of this transformative project. The merger will deliver increased value, expertise, and new service offerings to the clients of both companies, addressing the demands of industrial digital transformation,” Louis Huetz and Pierre Naftalski, Waterland Investment Director and Partner.