Fabernovel acquires Zengularity

The innovation agency acquires the application and digital platform creater

M & A buy side 2017, September

"Since 2003, I have learned that in our professions, a single talented person can have a greater impact on a project than ten less competent people: Innovation has never been so closely linked to the ability to realize an idea and operate a strategy. For this new stage in the development of Fabernovel, we have therefore chosen to develop our capacity to "make" by joining the best in their field: Zengularity."

Stéphane Distinguin, Founder and CEO of Fabernovel

Founded in 2004 by Habib Guergachi, Zengularity is a digital application and platform developer based in Paris and Nantes. With around 100 employees working behind the scenes, the company expects revenues of 8,5 million euros this year. Zengularity is recognized in the international tech ecosystem for having worked with GAFAs (Apple, Microsoft, LinkedIn, Gilt, Zalando, eBay, Walmart...) and created software products and frameworks (prismic.io, Play Framework...) used by many developers around the world.

This acquisition will enable the Fabernovel group to develop its offer with a very high-level technical proposition for its clients, particularly CIOs, through its new brand, Fabernovel Technologies. This brand will comprise Zengularity and Applidium (50 employees), a business unit of the Fabernovel group specialized in the creation of mobile applications and conversational interfaces.

By bringing the Fabernovel group's sales to 38 million euros in 2017, this collaboration will also strengthen its capacity to face the challenges arising from the digital transformation of large groups: from the research phase to the deployment of platforms dealing with sizable transaction volumes and the creation of products and services. Habib Guerachi will become Chief Technology Officer of Fabernovel.