Argos Soditic sells Orsyp to EQT's Automic

According to Orsyp CEO Francois-Xavier Floren, Orsyp and Automic have had a good relationship for several years, and the deal is a natural result of that alliance.

Previous investment
Argos Soditic acquired an 80% stake in Orsyp in January 2008, in a deal financed by BNP Paribas, according to unquote" data.

Company
Established in 1986, Paris-based Orsyp is an IT operations specialist for automating and enhancing the performance of business software. The company also has a presence in the US, Italy, Benelux, Asia and the UK.

Under Argos Soditic's control, the company has expanded geographically and acquired two French companies – Sysload and Streamcore – to support further growth.

Automic is a platform for automating businesses. Founded in 1985, the company developed the world's first automation platform, which supports enterprise, application and infrastructure processes. EQT acquired the company in September 2012.

People
Francois-Xavier Floren is the CEO of Orsyp. Louis Godron is a partner at Argos Soditic and led the Orsyp investment.

Advisers
Vendor – Harris Williams & Co, Thierry Monjauze, Tyler Dewing, Jonathan Organ, Sylvain Noblet (Corporate finance); Gibson Dunn & Crutcher, Benoit Fleury, Marie Artaud-Dewitte, Sandra Bouchouareb (Legal); EY, Emmanuel Picard, Renaud Régner, Thibault Mignonac (Financial due diligence).
Company – Aramis Société d'Avocats, Benoit Gréteau, Romain Franzetti (Legal).
Equity – Arma Partners (Corporate finance); Lazard Freres (Coporate finance); Freshfields Bruckhaus Deringer (Legal).

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• Topics
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