Explore, a specialist in the development of B2B business solutions, has taken a minority stake in Sociétéinfo (SmartData) with the support of Activa Capital.
This transaction demonstrates the ability of Activa Capital, Explore’s majority shareholder, to support entrepreneurial managers in the transformation of growing SMEs and the structuring of external growth operations.
Laurent Nicouleau, Co-founder of Explore, says: “We were quickly won over by Sociétéinfo’s approach, its capacity for innovation, the soundness of its technical approach and the originality of its economic and commercial model.”
Antoine Onnen, CTO and Founding Partner of Sociétéinfo, adds: “For Sociétéinfo, joining forces with Explore’s teams is an opportunity to combine our technical know-how while retaining our DNA.”
Alexandre Masson and Christophe Parier, Managing Partners of Activa Capital, says: “This second build-up for Explore is in line with our desire to support ambitious founders to help them accelerate their development.”
Read more at Private Equity Wire
Can't stop reading? This and all news articles are property of their creators, many are not owned or provided by Private Equity Insider. As an event organizer and community platform, we curate content from reliable sources for your suggested reading, and advise you to read the full articles from the referenced authors and sources.