Quilvest Private Equity, the private equity arm of the Quilvest group, and Antoine Henry, former head of Sage France, have acquired Eudonet, a publisher and integrator of CRM solutions, from its current founders (Christophe Morizot, Bertrand de La Villegeorges and Guillaume Bouillot) and additional shareholders NAXICAP Partners.
The acquisition will be made through an organised divestiture process. Financial terms have not been disclosed.
Eudonet is a publisher and integrator of generalist and verticalised CRM (Customer Relationship Management) solutions. Available in SaaS, Cloud and On Premise mode, Eudonet solutions are adapted to the needs of any type of structure: SMEs, large accounts, chambers of commerce and industry, educational institutions, associations, foundations, professional federations, cultural institutions and public authorities. Eudonet has established operations in France, Canada and the UK, and serves more than 900 clients.
Eudonet’s founders will leave their operational positions within the company and will be replaced by Antoine Henry, appointed president of Eudonet, and Fabrice Vernière, chief financial officer. The founders will remain associated with Eudonet as minority shareholders.
The company’s strategic plan focuses on accelerating growth in the French and European booming markets, supported by new digital usage and the first equipment of companies and organisations.
Thomas Vatier, partner at Quilvest Private Equity, says: "We are delighted to work with Antoine Henry and Fabrice Vernière. The talented team at Eudonet reflects Quilvest's own entrepreneurial spirit, and we look forward to supporting the company’s future growth, both organically and through acquisitions in France and abroad."
"Eudonet is a French leader in CRM, with innovative cloud and mobile technology," says Henry. "We look forward to building on the solid foundations set by Christophe Morizot, Bertrand de La Villegeorges and Guillaume Bouillot and on their quality teams to accelerate the growth of Eudonet and continue its internationalisation.”
