M&A Deal Summary

Cegid Acquires VCS Timeless S.A.

On September 17, 2008, Cegid acquired software company VCS Timeless S.A. from Christie Group for 4M EUR

Acquisition Highlights
  • This is Cegid’s 4th transaction in the Software sector.
  • This is Cegid’s 0th largest (disclosed) transaction.
  • This is Cegid’s 4th transaction in France.

M&A Deal Summary
Date 2008-09-17
Target VCS Timeless S.A.
Sector Software
Buyer(s) Cegid
Sellers(s) Christie Group
Deal Type Divestiture
Deal Value 4M EUR

Target

VCS Timeless S.A.

Paris,, France
VCS Timeless S.A. is a provider and distributor of software solutions for specialist retailers. The Retail Software business provides head office, point of sale and supply chain management software.

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Buyer(S) 1

Buyer

Cegid

Lyon, France

website

Category Company
Founded 1983
Sector Software
Employees2,256
Revenue 282M EUR (2015)
DESCRIPTION

Cegid is a software company that serves the needs of companies and organizations of all sizes in the areas of managing financial and tax, human resources and business solutions to the manufacturing, trade, services, retail, hotel and catering, accounting, TPE and public sectors. Cegid was formed in 1983 and is based in Lyon, France.

DEAL STATS #
Overall 4 of 14
Sector (Software) 4 of 12
Type (Divestiture) 1 of 1
Country (France) 4 of 13
Year (2008) 3 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-04-28 Groupe Visa

France

Groupe Visa a developer and distributor of business management software for local authorities.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-09-24 Civitas SA

Cergy Pontoise, France

Civitas is a provider of business management software for local authorities and other public entities.

Buy -

Seller(S) 1

SELLER

Christie Group

London, United Kingdom

website

Category Company
Founded 1846
Sector Business Services
Employees1,391
Revenue 61M GBP (2021)
DESCRIPTION

Christie Group is a professional business services group with 46 offices across the UK, Europe and Canada, catering to its specialist markets in the leisure, retail and care sectors. Christie Group operates in two complementary business divisions: Professional Business Services (PBS) and Stock & Inventory Systems & Services (SISS). These divisions trade under the brand names: PBS - Christie & Co, Pinders, Christie Finance and Christie Insurance: SISS - Orridge, Venners and Vennersys. Christie Group was incorporated in 1846 and is based in London, the United Kingdom.

DEAL STATS #
Overall 1 of 5
Sector (Software) 1 of 1
Type (Divestiture) 1 of 5
Country (France) 1 of 1
Year (2008) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2005-01-18 West London Estates

Reading, United Kingdom

West London Estates is a Reading-based firm of Chartered Building Surveyors providing a range of services to a cross section of corporate, private and public sector clients.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-05-01 Orridge Business Sales

Falkirk, United Kingdom

Orridge Business Sales Ltd. is the oldest established specialist firm of pharmacy business agents in the UK.

Buy -
Mergr

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