TVH AND ALGORITMIA

Aticeo advised TVH Consulting (France) on the cross-border acquisition of Algoritmia (Spain).

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 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.

The support of the group's shareholders, both 21 Invest and the top management, made it possible to continue to invest in TVH Consulting's growth by acquisitions.

This sustained growth has allowed to add-on Fidens in 2022, and Isochronix in 2023, to the TVH The Expert Group. With Algoritmia, establishes a strong presence in Spain, while reinforcing its Microsoft solutions offering, with 11 Microsoft Gold Certifications.

Algoritmia’s fast growth to date impressed TVH Partners and both are looking forward to benefiting from exciting synergies. The Group intends to continue to expand in Europe and, by the same token, to confirm its position as first-class international technological partner for their clients.

Aticeo has acted as the exclusive advisor to TVH Consulting in this transaction.