M&A Deal Summary

Nextlane Acquires I Car Systems

On July 10, 2019, Nextlane acquired software company I Car Systems from Argos Wityu

Acquisition Highlights
  • This is Nextlane’s 2nd transaction in the Software sector.
  • This is Nextlane’s 2nd transaction in France.

M&A Deal Summary

Date 2019-07-10
Target I Car Systems
Sector Software
Buyer(s) Nextlane
Sellers(s) Argos Wityu
Deal Type Merger

Target

I Car Systems

Indre-et-loire, France
I'Car Systems develops I’Car DMS, a dealer management system (DMS) software dedicated to the automotive industry. I'Car Systems also provides project management, training, and customer support services in addition to solutions for automotive repairers, multi-brands automotive distributors, and automotive spare parts warehouses. I'Car Systems was founded in 1979 and is Based in Indre-et-Loire, France.

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Buyer(S) 1

Buyer

Nextlane

Paris, France

Category Company
Founded 2000
Sector Software
DESCRIPTION

Nextlane is a provider of CRM solutions to OEMs and automotive dealers. The company is engaged in the development of global customer management solutions for sales, marketing, and aftersales in automotive industry. Nextlane was founded in 2000 and is based in Paris, France.


DEAL STATS #
Overall 2 of 11
Sector (Software) 2 of 7
Type (Merger) 2 of 2
Country (France) 2 of 6
Year (2019) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-07-10 Datafirst

Lyon, France

Datafirst develops and deploys modular management, marketing and sales solutions for the automotive market: Automotive CRM, Automotive DMS, Web & Business Intelligence solutions. Datafirst maintains an active global presence with several tens of thousands of users throughout Europe. Datafirst was founded in 1985 and is based in Lyon, France.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-07-03 Serinfer Servicios Informáticos S.L.

Vigo, Spain

Serinfer develops a range of sophisticated products to address the evolving needs of automobile dealers. Its flagship offering is SERAUTO, a complete DMS solution that works modularly and can also be integrated to the existing technology of any dealership or workshop. SERAUTO is comprised of functions geared towards inventory management, improved customer loyalty and service quality, and cloud computing. With more than 600 clients throughout the Iberian Peninsula, SERAUTO is an established brand and the exclusive DMS provider for Porsche dealers in Spain and Portugal.

Buy -

Seller(S) 1

SELLER

Argos Wityu

Paris, France

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1989
PE ASSETS 1.8B EUR
Size Large
Type Sector Agnostic
DESCRIPTION

Argos Soditic is a private equity firm that seeks majority or minority investments in small to medium sized companies headquartered throughout Europe. Argos Soditic will consider investments in public or private companies generating revenue of €20 to €600 million. The Firm's target investment size is €10 to €100 million. Funds are typically used to support management buyouts/buy-ins, divestitures, and growth capital needs. Argos Soditic is a generalist investor with interest in aerospace, manufacturing, distribution, business services, chemicals, marketing, industrial products, packaging, staffing, medical products, and healthcare services. Argos Soditic was formed in 1989 and is headquartered in Paris.


DEAL STATS #
Overall 33 of 40
Sector (Software) 3 of 5
Type (Merger) 1 of 2
Country (France) 21 of 26
Year (2019) 2 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-01-16 Revima

Rives-en-Seine, France

Revima is an independent aerospace maintenance, repair, and overhaul (MRO) service provider, primarily focused on auxiliary power unit (APU) & landing gear products. Revima was founded in 1952 and is based in Rives-en-Seine, France.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-09-09 RSD SA

Geneva, Switzerland

RSD SA is a provider of document management software systems for enterprises and offers solutions for report management and document classification running on Z/OS, UNIX and Windows servers (multiplatform solution). RSD was founded in 1973 and is based in Geneva, Switzerland

Sell -