Argos Soditic supports SBO of Talentia from Fondations et al.

The deal is believed to be worth in the region of €100m and will see management strengthening its stake, following a first MBO in 2011. Idinvest supported the deal with a unitranche facility, having previously provided mezzanine in support of the company's 2011 buyout.

Fondations Capital (then CIC LBO Partners) backed the initial management buyout of French software business Lefebvre Software, alongside Women Equity Partners. The business was later renamed Talentia.

The deal was intermediated by corporate finance house Bryan Garnier & Co, which has also overseen several acquisitions for the company over the years and was mandated by Fondations and Women Equity to handle the latest sale process.

At the time of the 2011 MBO, Talentia aimed to post a €100m turnover within the next five years – up from €40m at the time – according to unquote" data. That goal has not yet been met, with revenues nevertheless growing by 35% to settle at €54m in 2014.

Argos intends to continue driving that growth in several ways: an immediate focus on bolstering R&D efforts, increasing the sales presence in key international markets and pursuing an acquisitive growth strategy.

Argos Soditic's buyout investments are usually financed via its Euroknights VI fund, which closed on its €400m hard-cap in late 2010, according to unquote" data.

Company
Talentia develops enterprise software for financial functions such as accounting, consolidation, reporting and budgeting, as well as human resources management such as salaries, HR IT and talent management. It has a portfolio of 3,600 clients across a range of sectors.

People
Argos Soditic – Louis Godron (chairman); Raphaël Bazin (investment manager); Thomas Ribereau (analyst).
Fondations Capital – Gontran Duchesne (CEO).
Talentia Software – Viviane Chaine-Ribeiro (CEO).

• Tweet  
• Facebook  
• LinkedIn  
• Google plus  
• Send to  

• Topics
• Buyouts
• Exits
• France
• Technology
• Argos Wityu
• France
• Secondary buyout