Keensight-backed LinkByNet bolts on Objectif Libre

Objectif Libre's management team, led by director and founder Christophe Sauthier, will continue to lead the company's operations and will join the board of directors of LinkByNet, acquiring shares in the business.

Following this acquisition, LinkByNet's consulting entity will have a larger presence in France with Objectif Libre in Toulouse, as well as its existing offices in Paris and Aix-en-Provence. It also has operations in Canada, Sweden and Singapore. In addition, the combined group expects to employ 100 consultants by the end of 2019, representing a 100% increase in the number of employees in the consolidated consulting division.

Keensight invested €50m in cloud services provider LinkByNet when it acquired a minority stake in the company in 2016. The two founding CEOs, Patrick and Stephane Aisenberg, held 93% of the company's capital prior to the transaction, while the remaining 7% belonged to company staff. As a result of the deal, the Aisenberg brothers reduced their stake in the company, allowing Keensight to enter the share capital.

Company
Established in 2009 and headquartered in Toulouse, Objectif Libre provides consulting, training and implementation, specialising in open source technologies, including OpenStack, Ansible and Kubernetes.

People
Keensight Capital – Philippe Crochet (partner).
LinkByNet – Stéphane Aisenberg (co-founder, CEO).
Objectif Libre – Christophe Sauthier (founder).

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