M&A Deal Summary

Ageras Acquires Shine

On June 19, 2024, Ageras acquired software company Shine from Societe Generale

Acquisition Highlights
  • This is Ageras’ 1st transaction in the Software sector.
  • This is Ageras’ 1st transaction in France.

M&A Deal Summary

Date 2024-06-19
Target Shine
Sector Software
Buyer(s) Ageras
Sellers(s) Societe Generale
Deal Type Divestiture

Target

Shine

Paris, France
Shine is a French company that provides software solutions to make the lives of the self-employed and small businesses easier. Shine was founded in 2017 and is based in Paris, France.

Search 205,333 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Ageras

Philadelphia, Pennsylvania, United States

Category Company
Founded 2012
Sector Internet Software and Services
DESCRIPTION

Ageras is a fast growing online marketplace matching Small and Medium-sized Enterprises (“SMEs”) and micro-businesses with professional services providers such as accountants and lawyers. Ageras was founded in 2012 and is based in Philadelphia, Pennsylvania.


DEAL STATS #
Overall 1 of 2
Sector (Software) 1 of 2
Type (Divestiture) 1 of 1
Country (France) 1 of 1
Year (2024) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-02-13 Storebuddy

Copenhagen, Denmark

Storebuddy is an integration software specialized in automating accounting processes for online stores. Storebuddy was formed in 2014 and is based in Copenhagen, Denmark .

Buy -

Seller(S) 1

SELLER

Societe Generale

Paris, France

Category Company
Founded 1864
Sector Financial Services
Employees126,000
Revenue 44.4B EUR (2023)
DESCRIPTION

Societe Generale is a provider of retail banking, insurance, private banking, investment management, and corporate and investment banking services. Societe Generale was founded in 1864 and is based in Paris, France.


DEAL STATS #
Overall 4 of 4
Sector (Software) 1 of 1
Type (Divestiture) 3 of 3
Country (France) 2 of 2
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-05-13 Commerzbank AG - Equity Markets and Commodities’ Business

Frankfurt am Main, Germany

Commerzbank AG - Equity Markets and Commodities’ (EMC) Business covers the activities of ETF market-making, which consists of ensuring the market liquidity for ETFs issuers and of executing orders for institutional clients, as well as the listed investment products offered to sophisticated retail investors, such as warrants and certificates.

Buy -