“Giving rhythm to the digital transformation of our clients is the path we wanted to take by joining forces with Microsoft Algoritmia, a specialist in technology, while expanding the group’s geographical scope.” comments Ahmed Mahcer, President of TVH Consulting.
“We are delighted to join “the TVH family”. It was important for Algoritmia to maintain its current strategy while continuing to develop and diversify our solutions portfolio.” says Toni Torra, CEO of Algoritmia.
Aticeo advised TVH Consulting (France) on the cross-border acquisition of Algoritmia (Spain). This transaction was effective as of 1st March 2023.
The objective: to create a consolidated integrator of market-leading Enterprise Resources Planning (ERP) and Business Intelligence (BI) solutions. By combining the companies’ strengths, the highest levels of certification for both Microsoft and SAP, and best-in-class services including cyber-security, will be available to all clients. The new entity will have a turnover of circa €50 million.
The dialogue between, on one hand, Ahmed and Eric, President and General Manager of TVH respectively, and on the other hand Toni, CEO of Algoritmia, fostered a well-balanced and ambitious agreement. This lays the ground for further sustainable expansion. The partnership will allow them all to offer innovative services to new and existing clients.