Sogelink lbo with Keensight Capital

Keensight Capital acquires a majority stake in Sogelink

Keensight Capital, one of the leading private equity managers dedicated to pan-European Growth Buyout investment, along with Naxicap, mid cap investor, announced the signing of an exclusivity agreement with a view to buying a majority stake in the group Sogelink, a leading provider of vertical software solutions for infrastructure sector professionals.

Keensight Capital will become the majority shareholder of Sogelink, alongside Naxicap, management and employees.

Founded in 2000, Sogelink designs, develops and markets software and SaaS (Software as a Service) solutions intended to simplify and optimise complex business processes in the building site, infrastructure and property management industry.

With its unique collaborative platform, Sogelink stands as a pioneer and undisputed leader in its market in France. It is also the number one provider of topographic software. Over the past 20 years, Sogelink and its 180 employees have built up a diverse and loyal base of 18,000 clients (churn of less than 2% p.a.), representing more than 80,000 users.

In 2018, Sogelink generated revenue of €38 million and has been recording top-line growth of over 20% p.a. over the last 10 years. Its robust business model ensures increasingly recurrent revenue and a high level of profitability. Keensight Capital will be putting its 20 years of cutting-edge expertise in IT and its experience in international markets to use in helping Sogelink to:

‐ cement its position as an independent leader in the markets currently addressed;

‐ provide support in developing and diversifying Sogelink's product range, notably by marketing new business-specific solutions; and

‐ acquire growth businesses to extend the group’s international footprint and bolster certain areas of expertise.