Cegid Enters Into a Definitive Agreement to Combine With Grupo Primavera
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Tuesday, July 26, 2022
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View the full release here: https://www.businesswire.com/news/home/20220726005606/en/
Key Points:
- View the full release here: https://www.businesswire.com/news/home/20220726005606/en/
The combination of Cegid and Grupo Primavera underscores Cegids position as a strong provider of cloud-based management solutions. - Oakley Capital, which created Grupo Primavera through a series of twelve acquisitions and is its majority shareholder, will join KKR and AltaOne as minority shareholders in Cegid.
- Together, these shareholders will partner with Cegid CEO Pascal Houillon, Grupo Primavera CEO Santiago Solanas, and the rest of the management team in Cegids next phase of growth.
- Together, Grupo Primavera and Cegid will have pro forma revenue in the Iberia region of more than 150 million this year.