Edmond de Rothschild Corporate Finance advises the Magellan Partners group in the acquisition of Nelite and its financing

News - 2/1/2019

Edmond de Rothschild Corporate Finance advises the Magellan Partners Group in the creation of the French champion for Microsoft solutions via the merger of its subsidiary Exakis with Nelite

The new entity Exakis + Nelite will have 500 employees and will be the leading Microsoft pure-player partner in France with the aim of becoming the leading European partner.

Created in 2001, Exakis, leader in the integration of Microsoft solutions in France, is part of the Magellan Partners Group, a medium-sized French company offering advisory services in the areas of organisation and information systems with specialised IT activities. Thanks to the merger with Nelite, also an expert pure-player in Microsoft infrastructure and security solutions, the new entity, Exakis Nelite, will become the French champion in Microsoft solutions.

The founders of Nelite, Arnaud Berrebi and Maxence Censier, decided to join Magellan Partners. On the occasion of this merger, Apax Partners Development, which took a stake in 2016 to support the company’s growth, is selling its investment.

Exakis Nelite offers top-of-the-line expertise and a comprehensive range of technical, functional and collaborative offers on Microsoft platforms, including Azure Cloud, user environments, the securitisation of information systems, collaborative tools and new uses, data management, AI algorithms, the development of mobile apps, and the management of connected objects.

Creation of the French Microsoft champion

The new entity will provide the most comprehensive offer on the market, drawing on an ambitious sales plan across all the Group’s regions in order to strengthen its position.

This entity gives us a unique capacity to provide powerful and innovative business and technological solutions to our customers while enjoying special access to the Microsoft network in France and in Europe. Exakis and Nelite will take advantage of their exceptional complementarity in sales, management, operations and especially expertise to prepare for the challenges of tomorrow: acceleration of the digital transformation, cybersecurity, Artificial Intelligence, IoT, data, transition to the Azure Cloud, etc. All this is driven by the strong commitment of our employees to provide value in the solutions designed for our customers,” said Didier Zeitoun, Managing Partner & Founder of Magellan Partners Group.

An expansion in line with its ambitions

The Magellan Partners Group now employs 1,000 consultants, with turnover of 125 million euros. Exakis Nelite generated 65 million euros proforma in turnover in 2018 and has 500 employees in France, Switzerland, Morocco and Bulgaria. The recruitment of 150 consultants is already planned for the new entity Exakis Nelite in 2019.

Exakis Nelite has all the human and financial resources to develop its activities in new Machine Learning solutions, cognitive services and chatbots, mixed reality/Hololens and innovation with Microsoft.