Proxiad lbo with UI Investissement

The ESN welcomes the UI Investissement fund to accelerate its development

Founded in 2004 and taken over in 2012 by Stéphane Lévy and Éric Rozanes, Proxiad is an ESN that operates in all IT fields. It aims to improve the productivity of organisations by relying on its four major offerings: applications, infrastructures, cybersecurity and data management. Proxiad employs more than 800 people in 8 agencies in France and its subsidiary in Bulgaria, and has 200 active clients, 25% of which are major accounts.

Proxiad is a digital consulting and services group. It works with major accounts to help them accelerate the implementation of their digital strategy through sustainable innovation and the improvement of their operational performance by designing and deploying appropriate application solutions and optimising their infrastructures. The group has more than 800 consultants spread between Paris, Lyon, Strasbourg, Lille, Rouen, Nantes, Bordeaux, the PACA region and its x-shore subsidiary in Bulgaria (200 consultants).

Between 2007 and 2012, UI Investissement has already supported Proxiad through its MI IV fund, and participated in the Group's transformation (turnover doubled). Through this new collaboration, UI has co-constructed a new development plan with Proxiad's management, aiming to strengthen the company's territorial coverage in France and to continue its international expansion.

With a turnover of €71m in 2021, the Group has now reached a critical size that will enable it to position itself as a major consolidation platform to accelerate its development, particularly through external growth.

Achieving critical mass is a major challenge in this market, where the main consumers of digital solutions are large companies. They now want to build competitive advantages through IT solutions to differentiate themselves from their direct competitors. These new needs reinforce the attractiveness of "expert" players capable of understanding and building unique solutions.