Sogelink and Geodesial Group, two leading providers of software solutions for infrastructure, construction and property management professionals, are to merge with the support of their common shareholder, private equity manager Keensight Capital.
The resulting Group will become a leading company for Construction Tech in Europe and is well positioned to join the top 10 French software companies. It will be led by Fatima Berral as President of the new Group, CEO of Sogelink, and David Le Roux as Director General of the new Group, CEO of Geodesial Group.
Fatima Berral, President of the new Group and CEO of Sogelink, says: “For several years now, Sogelink and Geodesial had identified their complementarities.” David Le Roux, Director General of the new Group and CEO of Geodesial Group, adds: “We are very enthusiastic about this merger with Sogelink, which stands as a pioneer and as the undisputed market leader.”
Jean-Michel Beghin, Managing Partner of Keensight Capital, concludes: “Each company has experienced a steady double-digit annual growth over the past years and has a high growth potential on its own.”
Read more at Private Equity Wire
