12/12/2019
DL Software expands business towards new industry with the acquisition of Egide Informatique and its subsidiary Vestalink, software publishers for Real estate professionals.
Already acting in 4 industries - Healthcare, Wholesale, Retail and Tourism - DL Software will now also address the Real estate market thanks to the acquisition of Egide Informatique, which designs and sells modular solutions for commercial, residential and social housing players.
The company experiences strong growth and reached €m 7 sales in 2018.
This acquisition represents the 4th build-up completed by DL Software under 21 Invest’s tenure, since 2017.
Managing Partners Stéphane Perriquet and Fabrice Voituron comment: “We are pleased to add a new industry specific software to DL Software’s portfolio and to pursue our active buy-and-build strategy as anticipated in our initial investment thesis. Egide’s state-of-art solutions and continuous strive for innovation will assert the Group’s presence in this industry.