(AOF) – Visiativ announced the acquisition of 1Life, a specialist in production management for industrial companies. The company achieved 10 million euros in turnover in 2022, including 50% in sales of value-added services (Consulting) and 50% in software on recurring, maintenance and/or subscription models. Drawing on the expertise of its 80 employees, 1Life, integrator of two ERP solutions for Industry (Open-Prod and Cegid PMI), has been supporting more than 1000 VSE/SME/ETI industrial clients for over 10 years.
The company has 7 locations in France in order to maintain strong customer proximity.
The acquisition of 60% of the capital of 1Life, financed entirely in cash, will be consolidated in Visiativ’s accounts in the fourth quarter of 2023.
This merger strengthens the Manufacturing offer (manufacturing process) and enriches Visiativ’s customer portfolio. With an installed base of nearly 1,000 industrial customers, this merger will promote the creation of commercial and operational synergies.
The transaction should be finalized in the coming weeks.
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According to the latest Truffle 100 ranking, the sector’s total turnover in France jumped 15% last year to cross the 25 billion euro mark. The sector has benefited from an unprecedented growth rate and confirms its recovery after the health crisis. The average annual growth over fifteen years is 12 times higher than that of GDP! Dassault Systèmes retains first place with more than 5.6 billion euros in revenue last year. Cegid, specialist in software for accountants, and the fintech Murex are placed in second and third position with respectively 791 and 711 million euros in turnover. Polarization is one of the characteristics of the sector: the gap in turnover between the 50th and the 100th publisher has increased further in 2022 to reach almost 28 million euros. Performance was improved as the profitability rate (as a percentage of turnover) increased from 9.1% to 10.4%. The outlook is good because artificial intelligence, seen as revolutionary, is expected to drive the market in 2023, as is cybersecurity.