(CercleFinance.com) – Visiativ announces the acquisition of 1Life, a specialist in production management for industrial companies.
1Life has been supporting more than 1000 VSE/SME/ETI industrial clients for over 10 years. The company has 7 locations in France and achieved €10 million in turnover in 2022, including 50% in sales of value-added services (CONSULTING) and 50% in software (SOFTWARE) on recurring models, maintenance and /or subscription.
According to Visiativ, this merger will promote the creation of commercial and operational synergies.
‘We are excited to engage the 1Life teams in the Visiativ project. This dynamic offers us the opportunity to enrich our range of solutions and consolidate our role as a major player in the digital transformation of industrial companies,’ commented Laurent Fiard, President and CEO of Visiativ.
The finalization (closing) of the operation should take place in the coming weeks.
The acquisition of 60% of the capital of 1Life, entirely financed in cash, will be consolidated in Visiativ’s accounts in the 4th quarter of 2023.
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