Sofyne Active Technology joins forces with AG Solution
Paris — Sofyne Active Technology and AG Solution Group have joined forces with the support of European private equity firm Waterland Private Equity. This strategic partnership between the two companies specializing in the digital transformation of industry will enable the creation of a leading European IT service provider (ESN) to support its industrial customers in their Industry 4.0 challenges. Sofyne Active Technology was founded in 2005 in Lyon by Stéphane Lusoli and today has extensive knowledge in the integration of MES/MOM/PLM software. This expertise enables the company to support international industrial groups in the luxury, automotive and energy sectors in their digital transformation to Industry 4.0. Sofyne Active Technology is present in six European countries (France, Switzerland, United Kingdom, Portugal, Sweden, Poland) and is now the largest service provider for Dassault Systèmes’ DELMIA APRISO software in Europe in terms of the number of consultants. The company has experienced strong growth in recent years. AG Solution was founded in Antwerp in 2007 by Eric Billiard and Guy D’haese and brings its expertise in automation systems, process control, data management, operational intelligence, MES/MOM solutions, artificial intelligence, IT infrastructures and OT security to industries such as pharmaceuticals, chemicals, food and beverage and waste-to-energy. The company has 13 locations, eleven of which are in Europe (Belgium, Spain, France, the Netherlands, Germany, Ukraine, Portugal) and two in the USA (New York, Houston). As part of this European partnership, the two companies, operating together under the name SAPHIR, are reaffirming their goal of becoming a leader in Industry 4.0 by 2030. The newly founded group intends to accelerate its international expansion and also grow inorganically. “Six months after Waterland’s entry, we have reached an important first milestone in our ambition to become a European market leader in the digital transformation of industry. Together, Sofyne Active Technology and AG Solution have a powerful team of over 400 engineers and consultants. By providing our customers with high-quality knowledge, advice and services, together we will meet the increasingly complex requirements of Industry 4.0,” explains Stéphane Lusoli, CEO of Sofyne Active Technology. “Following the success of our management buy-out two years ago, this collaboration with Sofyne Active Technology is a decisive step towards realizing our Vision 2030 and will enable us to offer our industrial customers an even broader range of value-adding services in the MOM sector. We will also add automation, operational intelligence and MES/MOM for cybersecurity solutions to Sofyne Active Technology’s offering,” says Eric Billiard, CEO of AG Solution.
“We are convinced of the strategic importance of this partnership. That is why we are committed to supporting Sofyne Active Technology and AG Solution throughout this transformative project. This merger will bring real added value to both companies’ clients, new service offerings and greater expertise to meet the challenges of digital transformation,” commented Louis Huetz, Partner, and Pierre Naftalski, Investment Director at Waterland.
Consultant Waterland/SAPHIR:
Legal advice: Argo (Henri Nelen, Thomas Van Hoornyck, Lena Pepa), AVA Law (Nicolas Valluet, Emeline Pilon), McDermott & Emery (Herschel Guez, Julien-Pierre Tannoury, Grégoire Andrieux), Mayer Brown (Patrick Teboul, Marion Minard, Antoine Buisson), Levine Keszler (Serge Levine, Rebecca Zbili), Chevez, Ewin Coe (Alexandre Terrasse) Financing advice: EightAdvisory (Pieter Wygaerts, Gijs Kriger) Financial due diligence: EightAdvisory (Christian Van Craeyvelt, Bram de Roo) Commercial due diligence: Roland Berger (Marie Lê de Narp, Dimitri Pierre-Justin) Financing: AccessFi (Julien Pilet)
Consultant AG Solution:
Legal advice: Cottyn (Jan Vandersnickt, Frederik Renders), Moore About Sofyne Active Technology
Founded in 2005 in Lyon and specializing in digital transformation for industry, Sofyne Active Technology has established a presence throughout Europe (France, Switzerland, UK, Portugal, Sweden, Poland). Sofyne Active Technology offers a wide range of services to support leading industrial companies in various sectors (luxury, automotive, energy, etc.) in their digital transformation towards Industry 4.0. The company is particularly sought after for its expertise in the integration of industrial data management systems. About AG Solution
AG Solution, founded in 2007, specializes in digital transformation for industry in Europe and the USA (Belgium, Spain, France, Netherlands, Germany, Ukraine, Portugal, USA). AG Solution has a broad customer base in the food and beverage, pharmaceutical, energy, chemical industries, among others, and has recognized expertise in automation systems, process control, data management, operational intelligence, AI, MES/MOM solutions, IT infrastructure and cybersecurity. AG Solution supports customers as a strategic partner in the definition of operational environments, project planning and the integration of state-of-the-art technologies to achieve sustainable added value and measurable results.
About Waterland
Waterland is an independent private equity investment company that supports companies in realizing their growth plans. With substantial financial support and industry expertise, Waterland enables its portfolio companies to achieve accelerated growth both organically and through acquisitions. Waterland has offices in the Netherlands (Bussum), Belgium (Antwerp), France (Paris), Germany (Hamburg, Munich), Poland (Warsaw), the UK (London, Manchester), Ireland (Dublin), Denmark (Copenhagen), Norway (Oslo), Spain (Barcelona) and Switzerland (Zurich). Currently, approximately 14 billion euros in equity funds are under management. Waterland has consistently outperformed with its investments since its inception in 1999. The company ranks fourth globally in the HEC/Dow Jones Private Equity Performance Ranking (January 2023) and seventh among global private equity companies in the Preqin Consistent Performers in Global Private Equity & Venture Capital Report 2022.