- Sector: Application Software
- Deal Type: Private Equity Deals
- Engagement type: Sellside
- Size: >$1bn
Arma Partners is pleased to announce that it has acted as exclusive financial advisor to Septeo on a significant minority investment by Téthys Invest and GIC, valuing the company at an enterprise value of more than €3 billion. Hg, a leading global technology investor, will remain the largest investor. The partnership between Hugues Galambrun (founder and CEO), Hg, Téthys Invest and GIC provides Septeo with strong shareholder support to continue the company’s exceptional growth and value creation journey.
Headquartered in Montpellier, France, Septeo is a leading provider of mission-critical software for key regulated verticals. Its solutions serve professionals across industries such as hospitality, real estate, notaries, legal and accounting, and HR. The company also has operations in Spain, Portugal, Benelux, Tunisia and Canada.
Septeo has delivered remarkable growth since its inception 11 years ago, with revenues reaching approximately €420 million and c.3,100 employees in 2024. This growth has been driven by expansion into new verticals and continued product innovation. The new investment from Téthys Invest, GIC and Hg will further accelerate Septeo’s growth trajectory driven by modern AI-powered SaaS solutions and additional M&A.
This landmark transaction underscores Arma Partners’ expertise in orchestrating large multi-investor minority transactions leveraging diverse pools of institutional capital from long-term capital providers and family offices. The deal further highlights Arma Partners’ leadership in the vertical software sector, and also underlines the firm’s strong position in the French ecosystem with $10bn+ of total transaction value announced since January 2024 including landmark transactions such as Anaqua, Kyriba and Harvest.