Context
Founded in 1989 and headquartered in Paris, Groupe Artemys is an independent French digital transformation services provider with more than 600 employees, specialized in the management and evolution of information systems.
Backed by Andera Partners since its minority investment in October 2020, the group has seen strong organic growth on both its historical business lines and through new initiatives (software engineering, BI & Big Data, Modern Worplace).
The acquisition of AJS Formation marks the pursuit of Groupe Artemys' buy-and-build strategy. It will be shortly followed by another bolt-on acquisition in Europe, yet to be announced.
This strategic acquisition will enable the group to launch Artemys Academy, a new B2B training offer for its blue-chip clients, as well as to propose training services to its own employees, while leveraging AJS' strong expertise in B2C professional training.
About Artemys
Founded in 1989, Groupe Artemys is an independent French digital transformation services provider with 600+ employers and EUR 60m in revenues. With a brand portfolio including Artemys, Artemys Normandie, Arcatem, Amontech, Artemys Agil-IT and Alt-Up, the Group provides a complete range of services around IT systems architecture and infrastructure, modern workplace, BI and Big Data, network and security, open source, and IT project management. The Group benefits from strong positioning with French blue-chip companies and has partnerships with major tech companies such as Microsoft (Microsoft Gold Partner since 2007), Amazon, Palo Alto Networks, Lakeside, Nutanix, and Cato Networks, among others.
About AJS Formation
Founded in 2020, AJS Formation is a high-growth EdTech company, having already achieved close to €5m revenue in less than 2 years. Through a panel of 20+ courses, the company provides online training in four main areas: desktop productivity, digital, languages and management. AJS Formation has historically addressed the B2C market having formed +7,000 professionals. The company is based in Marseille, France.
About Andera Partners
Andera Partners (formerly known as Edmond de Rothschild Investment Partners) is a leading management-owned Private Equity fund investing in unlisted companies in France and internationally. It manages more than EUR 3.6bn of investments in small and mid-cap companies in growth capital and buyout (through Andera Expansion and Andera MidCap), Healthcare & Life Sciences (through BioDiscovery), Energy Transition (Andera Smart Infra) and provides sponsorless mezzanine debt support (through Andera Acto).
Deal Team
Should you want to know more about this transaction, you can contact one of the team members above
Bryan, Garnier & Co acts as Sole Financial Advisor to the Shareholders of Groupe Artemys, IT services specialist, on its acquisition of AJS Formation
Bryan, Garnier & Co acted as Sole Financial Advisor to Groupe Artemys and its shareholders in the context of the acquisition, after having already advised on the primary buy-out transaction with Andera in 2020.
This transaction continues to demonstrate two key attributes of Bryan, Garnier & Co: 1) unparalleled capacity and commitment to support companies at each stage of their development and 2) outstanding expertise in the digital transformation and tech-enabled services spaces. Other notable transactions in the sector include the sale of Evora to Allgeier, the sale of Oceanet Technology to Celeste, the sale of Metsys to European Digital Group, and the acquisition of Sodifrance by Sopra Steria.
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