Paris, 1st February 202. Almond, a leading independent French company providing audit and consultancy services in the field of cyber-security, Cloud, and Infrastructures, acquires 100% of Amossys’ shares.
Founded in 2007 and located in Rennes, Amossys is a company providing consultancy and expertise in the field of cyber-security, enabling companies and public authorities to evaluate and improve the security level of their computer systems. With over 60 engineers, experts in cyber-security, Amossys serves about 100 companies and other organisations, in a wide variety of sectors – defence, aerospace, the public sector, healthcare, banking, transportation, telecommunications, energy, etc. – and has an annual turnover of almost six million euros.
For Almond, supported by the Apax investment fund since 2021, this major operation will significantly increase its service offer in the field of cyber-security, enhancing its deliveries capacities thanks to a significant increase in its cyber-consultants’ staff, and strengthening its presence in western France.
Almond thereby reaches a critical size: about 400 experts can now cover all of its clients’ needs and about €60m of turnover. The operation means that a new operational and commercial synergy can be created, productivity can be increased, and Almond’s ability to deal with the most sought-after services will be strengthened. With this acquisition, Almond gains a strong position in the public sector, touching on issues of sovereignty regarding technology and security.
“Amossys complements Almond perfectly in terms of its experienced team, its technologies, and the services it offers. We are delighted to welcome Christophe Dupas, Frédéric Rémi and all the Amossys staff. They will enable us to make greater inroads into the field of defence and the public sector. This operation is confirmation of France’s leadership cyber-security”
Jean-François Aliotti and Olivier Pantaleo, co-Directors of Almond.
The acquisition of Amossys is totally in line with Almond’s strategy. They share a strong technical culture and Amossys brings an opening to the public sector, which is an important direction for the group to take
Bérenger Mistral, partner at Apax.
List of advisors
Almond: Olivier Pantaléo and Jean-François Aliotti
Apax Development: Bérenger Mistral, Thibaut Bourlet, Arnaud Parry
Amossys: Christophe Dupas and Frédéric Rémi
Buyer advisor
- Corporate legal team: Hogan Lovells (Stéphane Huten, Arnaud Deparday, Claudia Reix)
- Financing legal team: Hogan Lovells (Alexander Premont, Cristina Marin, Lorène Sani, Quentin de Donder)
- Tax legal team: Hogan Lovells (Thomas Claudel, Maryll Pizzeta)
- Financial due diligence: Wincap (Jean-Christian Raymond, Alexandre Caulliez)
- Regulatory due diligence: PwC (Eric Hickel)
Vendor advisors
- M&A: Societex (Valéry Giard, Elie Achddou, Ali Drissi)
- Corporate legal team: Avoxa (Nicolas Robin)
Financing
- LCL (Damien Fraillon Arnaud Becking, Matthieu Minetto, Guillaume Tiré)
- BPRI (François Golhen, Emilie Blandin, Alain Sortais)
- CIC Est (Ghyslaine Ray-Ville, Denis Gérard, Sabrina Hellich, Antoine Schultz)
- La Banque Postale (Yannick Simonnet)
- Financing legal advisors: Volt et Associés (Alexandre Tron)
Contacts
Lauren Bardet
Apax – Communications Director
+33 6 16 32 72 82
lauren.bardet@seven2.eu
Jérôme Goaër
Verbatee
+33 6 61 61 79 34
j.goaer@verbatee.com
Valérie Sabineu
Verbatee
+33 6 61 61 76 73
v.sabineu@verbatee.com
About Apax
Apax is one of the leading private equity firms in Europe. With 50 years of experience, Apax works with companies over the long term to make them leaders in their sector. The funds managed and advised by Apax amount to over €4.8 billion. These funds invest in high-growth SMEs and SMIs in four sectors of specialisation: Tech & Telecom, Services, Health and Consumer Goods.
Apax sas, based in Paris (www.apax.fr), and Apax LLP, based in London (www.apax.com), have a common history but are two independent firms.
