Fastmag lbo with Ciclad

Retail management software specialist carries out minority LBO

FASTMAG Group (www.fastmag.fr) offers a complete management tool for the retail business with a major footprint in fashion. Based on a “full web” technology, the software is mainly composed of four modules: retail management, production management, creation and management of e-commerce websites, and management of distributors, importers and purchasing centers.

FASTMAG Group is a fast growing company which employs 27 people. Revenues for 2011 reached 3.9 million Euros.

FASTMAG group’s founder & CEO, Serge Chelli, was looking for a strong financial partner to accelerate the geographical development of the group.