M&A Deal Summary

Sopra Steria Group Acquires Ordina

On March 21, 2023, Sopra Steria Group acquired information technology company Ordina from Teslin Capital Management

Acquisition Highlights
  • This is Sopra Steria Group’s 7th transaction in the Information Technology sector.
  • This is Sopra Steria Group’s 1st transaction in the Netherlands.

M&A Deal Summary
Date 2023-03-21
Target Ordina
Sector Information Technology
Buyer(s) Sopra Steria Group
Sellers(s) Teslin Capital Management
Deal Type Merger
Advisor(s) Stibbe (Legal)

Target

Ordina

Nieuwegein, Netherlands
Ordina is a provider of consulting, solutions, and IT in the Netherlands, Belgium, and Luxembourg. Ordina was founded in 1973 and is based in Nieuwegein, Netherlands.

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Buyer(S) 1

Buyer

Sopra Steria Group

Paris, France
Category Company
Founded 1968
Sector Information Technology
Employees46,129
Revenue 5.8B EUR (2023)
DESCRIPTION

Sopra Steria Group provides comprehensive portfolios of end to end service offerings in the market: Consulting, Systems Integration, Software Development, Infrastructure Management and Business Process Services. Sopra Steria Group was founded in 1968 and is based in Paris, France.

DEAL STATS #
Overall 19 of 19
Sector (Information Technology) 7 of 7
Type (Merger) 2 of 2
Country (Netherlands) 1 of 1
Year (2023) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-03-02 Assua

Grimbergen, Belgium

Assua is a digital consultancy and services company. Assua is based in Grimbergen, Belgium.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-02-21 Sopra Banking Software

Annecy-le-Vieux, France

Sopra Banking Software is a provider of software and IT services for banks and financial institutions. Sopra Banking Software offers software, integration, support, and advice services according to customers’ needs. Sopra Banking Software was founded in 2012 and is based in Annecy-le-Vieux, France.

Sell €330M

Seller(S) 1

SELLER

Teslin Capital Management

Category Asset Manager
Founded 1991
Size Small
Type Sector Agnostic
DESCRIPTION

Teslin Capital Management is an investment firm focused on small to medium-sized listed company investments. The Firm targets businesses throughout the Netherlands and nearby regions with an emphasis on sustainable value creation. Teslin Capital Management was founded in 1991 and is based in Maarsbergen, the Netherlands.

DEAL STATS #
Overall 1 of 2
Sector (Information Technology) 1 of 1
Type (Merger) 1 of 1
Country (Netherlands) 1 of 2
Year (2023) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-07-20 Accell Group

Heerenveen, Netherlands

Accell Group is an entity which owns several European bicycle manufacturers. In addition to producing bikes, the Accell Group is also involved in the production of fitness equipment and other consumer products. Accell Group is based in Heerenveen, Netherlands.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-12-22 Beter Bed Holding

Uden, Netherlands

Beter Bed Holding is a sleep specialist in retail, wholesale and B2B. Beter Bed Holding was founded in 1981 and is based in Uden, Netherlands.

Sell -
Mergr

Product

Company

Legal