HELYAD, leading French integrator of the ‘INFOR LN’ ERP solution, joins ALTEA IN, Italian market leader and long-standing INFOR partner
Target | HELYAD |
Deal Type | Mergers & Acquisitions |
Buyer | ALTEA IN |
Territory | FranceItaly |
Transaction Description | HELYAD, founded in 1998, is a specialist in the integration of the INFOR LN software solution. Based in Lyon, the company was taken over in 2019 by Nathalie SEGUINOT and Christophe CHUSSEAU. HELYAD’s business model combines the integration of INFOR ERP solutions, the migration of its INFOR customers to the latest solutions and a maintenance service. The INFOR LN integration market in France represents a market with strong growth prospects, made up of a limited number of players. At 31 December 2023, the ALTEA Federation group had sales of around €180m with good prospects for growth in the coming years and over 1,700 employees and collaborators. Comprising more than twenty companies, it offers a comprehensive and integrated range of technological and digital solutions. This merger will enable ALTEA IN to strengthen its presence in France, where the group was not previously established, to take advantage of the strategic partnership that HELYAD has with INFOR France, and to integrate HELYAD’s highly experienced teams, specialists in the INFOR LN suite.
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Industry Sector | Technology, Media & Comms |
ICFG Office | Paris |
HELYAD, leading French integrator of the ‘INFOR LN’ ERP solution, joins ALTEA IN, Italian market leader and long-standing INFOR partner
ICFG France / SOCIETEX CF was exclusively commissioned by HELYAD’s shareholders to seek strategic partners willing to support the company’s next phase of development.
A competitive process was put in place, materialising the interest of numerous players in the ecosystem.