Paris, November 21st, 2022 – 6 PM
SII Group, specialist in engineering services, announced entering exclusive negotiations with the shareholders of METANEXT in order to acquire 100% of its shares.
SII wishes to reinforce its cloud services by the acquisition of METANEXT
A digital services company specialized in Cloud services, METANEXT achieved a turnover of nearly 18 M€ in 2021. With a team of 160 consultants, located in Ile-de-France and Lyon, METANEXT addresses the functional and technological issues of blue-chip and mid-sized clients thanks to an offer structured around three main divisions: Cloud Solutions, Integration of Private and/or Public Cloud Solutions and Operation Support (Expertise Centers & Managed Services). METANEXT is mainly present in the Banking & Finance, Insurance, and Manufacturing & Services sectors.
This industrial project would represent an important step for METANEXT, which will benefit from new opportunities and new capacities for its teams and clients. « This project represents a decisive step in METANEXT’s development. In close cooperation with SII Group, our teams would become a national reference in terms of support towards the Cloud », states Tristan Monroe, President of METANEXT.
An operation of technological diversification in France for SII Group
This operation is in line with the strategic orientation aiming at a technological diversification for SII Group. Through this acquisition, SII would accelerate its development on the Cloud expertise and would reinforce its proximity with a group of strategic blue-chip clients.
This operation would bring forward commercial, geographic & skill-related synergies, being a source of profitable growth for SII Group.
The transaction, which covers the entire operational scope of METANEXT, would be financed in cash. The completion of this operation, which will take place in a few months, is subject to the consultation with employee representatives of both companies, as well as the signing of a final agreement.
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