Gimv takes 40% stake in Mega International
Gimv has taken a 40% stake in Paris-based software and consulting services company Mega International.
The GP thus retains a stake similar to that of CEO and founder Lucio de Risi, with the balance (20%) going to management.
The investment was made via Gimv's Smart Industries platform, which focuses mainly on companies in the tech sector based in France and the Benelux and DACH regions.
The GP said in a statement that it would first provide partial liquidity to the group while preparing it for its next development phase, thus launching a three-year expansion plan. With Gimv's support, the group will mainly aim to expand into the US market (where it makes around 25% of its sales), as well as to grow both its product offering and customer base.
Debt
A senior debt package amounting to less than 3x EBITDA supported the transaction.
Company
Founded in 1991 in Paris as a spinout from Cap Gemini, Mega is a software company known for modelling tools, such as enterprise architecture, enterprise governance and risk compliance software.
The group offers a range of services, including IT portfolio management, business process analysis, governance, risk and compliance, and enterprise architecture. It also provides consulting services for IT departments and executives giving them visibility and access to information.
Mega has offices in London, Berlin, Milan, Boston, Mexico, Casablanca and Singapore. The group had a turnover in excess of €43m in 2015 and employs 300 people.
People
Gimv – Tom Van de Voorde (partner)
Mega International – Lucio de Risi (founder, CEO).
Advisers
Equity – CGR Legal (legal).
Latest News
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Sponsor acquired the public software group in July 2017 via the same-year vintage Partners Group Global Value 2017
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Czech Republic-headquartered family office is targeting DACH and CEE region deals
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Ex-Rocket Internet leader Bettina Curtze joins Swiss VC firm as partner and CFO
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Estonia-registered VC could bolster LP base with fresh capital from funds-of-funds or pension funds









