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Keensight Capital to sell stake in Sogelink to Naxicap

Keensight Capital has agreed to sell its stake in Sogelink, a provider of vertical software dedicated to the construction and civil engineering market, to Naxicap.

Founded in 2000, Sogelink designs, develops and markets software, SaaS (Software as a Service) and mobile solutions intended to simplify and optimise complex processes tailored to the needs of the construction, infrastructure and property management ecosystem.
 
With its DICT.fr dematerialisation platform, Sogelink has a 70 per cent market share, in the field of solutions designed to simplify the regulatory requirements associated with construction projects near infrastructure networks.
 
Since investing in the company in 2013, Keensight Capital has helped Sogelink's management pursue ambitious organic and external growth initiatives. In 2014, the acquisition of Atlog, an editor of topographic software solutions, created product, customer base and organisational synergies. In addition, Keensight Capital supported Sogelink's innovation policy by dedicating 10 per cent of turnover to R&D, which led to the launch of a new platform to address the asbestos-related risk market.
 
Jean-Michel Beghin, managing partner of Keensight Capital, says: "In three years, Sogelink has considerably strengthened its leadership position by doubling in size, notably through the Atlog acquisition, which allowed the company to achieve several major milestones, including international expansion. Moreover, Atlog's successful integration has enhanced innovation and diversified the service offering with the addition of solutions that cover the entire life cycle of construction and infrastructure projects. We firmly believe that Sogelink has all the key assets it needs to continue its development.”

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