Applicam is a specialist in smartcards in France, with more than 2 million active cardholders, 2000 terminals installed in schools and 1200 access control terminals. Applicam is positioned in the market for niche applications based on the use of smart cards, principally amongst public and semi-public operators but also for private companies. As an electronic payment systems integrator, Applicam provides its clients with account management and back office services as well as delivering payment application and associated services tailored to the clients’ needs.
Applicam SAS was acquired by BlackFin Capital Partners SAS on May 24, 2011.
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Out of 60 sectors in the Mergr database, business services ranked 3 in number of deals in 2011. The largest business services acquisition in 2011 was EC Harris - which was acquired by Arcadis NV for $2.2B.
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