Axa Private Equity has acquired an 11 per cent interest in Arismore, a provider of information systems conversion and security.
Created in 2002, Arismore focuses mainly on the architecture and control of information systems, access and identity management and the simplification of companies’ IT infrastructure.
Arismore has also developed programmes for managing quality of service and capacity, as well as groupware applications.
Owned by its founders and employees, Arismore’s workforce numbers some 100 employees based in the Paris area.
Axa Private Equity is seeking to support and advise the Arismore management team on its ongoing development.
Laurent Foata, director, venture capital at Axa Private Equity, says: “The combination of Arismore’s technological innovation and the quality of its people indicate handsome growth prospects for the company. Axa Private Equity’s investment demonstrates our full support for this forward-looking, entrepreneurial business.”
Eric Boulay, Arismore founder and senior manager, says: “Our commitment to excellence, our clients’ unequivocal endorsement and the prestigious projects on which we advise, all validate the unique Arismore approach. The acquisition of a stake by Axa Private Equity will boost our ambitious growth plans, and Axa Private Equity’s considerable experience in supporting innovative technology companies will help shape our strategy.”
