25 juillet 2024
IK Partners (« IK »), a leading european mid-market private equity house, has reached an agreement to acquire a minority stake in Groupe Octime through its IK Partnership III fund. Guillaume Berbinau, President of Groupe Octime since 2008, will remain as the majority shareholder. He relies on Nicolas Michel-Vernet, Managing Director of the Group and his management team who see their position strengthened.
Founded in 1999 and headquartered in Biron, France, OCTIME Group is a software company which provides a comprehensive range of solutions for time management and human resource planning. The Group supports over 7,000 small to medium-sized enterprises across a diverse range of sectors and countries in the digitalisation of their human resource processes. With its 300 staff, the group is a clear leader in France, Spain and LATAM in time & planning and schedule management solutions, and n°1 in France in the healthcare and medico-social sectors. Since inception, the Company has demonstrated sustained organic growth and resilience, driven by the consistent acquisition of new clients.
IK Partners will work with OCTIME’s Managing Director Nicolas Michel-Vernet and his management team to continue building its leadership position in the time management space through the acquisition of new clients within relevant sub-sectors. The Group also plans to strengthen its international presence through the pursuit of an active buy-and-build strategy focused on European neighbouring countries.
Translink CF est intervenu en tant que conseil de IK Partners dans un processus compétitif organisé par Entrepreneurs & Finance. IK Partners a choisi de collaborer avec Translink CF pour sa connaissance du dossier et son expertise sur le secteur du SaaS et des SIRH.
Guillaume Berbinau, President of OCTIME Group, commented: “I am very proud of the trajectory of the OCTIME Group, which has managed to retain its DNA, expertise and commitment, while achieving exemplary growth. We owe this success to the strength of our team. I am convinced that the team at IK will be committed partners in supporting and accelerating our future growth plans.”
Magdalena Svensson, Partner at IK and Advisor to the IK PF III Fund, said: “Under the leadership of Guillaume, Nicolas and their team, OCTIME has established itself as a leading French software as a service developer in the time management and planning space. We look forward to working with Guillaume, the management team and Andera Partners in the next phase of the Group’s growth.”
Marc Irisson, Partner – Head of TMT at Translink CF adds: « I followed OCTIMEs growth journey since 2013 when I first met the company, and the great job completed by Nicolas over the past few years. Knowing OCTIME’s ambition and their mindset, I’m convinced that IK Partners is the best partners for them to boost their growth journey in the future. »
Intervenants sur l’opération
- Investisseur – IK Partners : Magdalena Svensson, Carla Dupont, Clara Sebon
- Conseils M&A Investisseur : Translink CF : France – Marc Irisson et Eurvad – Charles Guigan
- Cédants – OCTIME : Guillaume Berbinau, Nicolas Michel-Vernet, Andera Partners (David Robin, Hanna Tayeb, Laetitia Bouron)
- Conseils M&A Cédants : Entreprises & Finance – Matthieu Cassone
About Translink Translink Corporate Finance
Active depuis plus de 50 ans, Translink CF est une banque d’affaires smidcaps internationale assistant entrepreneurs, PME, fonds d’investissement et ETI sur l’ensemble de leurs opérations haut de bilan : transactions M&A et LBO sur sociétés valorisées de 10 à 250 m€, et conseil sur levées de fonds pour des tours de 5 à 50 m€.
Le groupe compte plus de 420 banquiers d’affaires, répartis dans 35 pays, et 25 collaborateurs en France. Translink CF couvre l’ensemble des secteurs, disposant d’expertises sectorielles de premier plan sur les activités TMT, Santé, Energie & Environnement, Business services, et Industrie.
www.translinkcf.fr