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  5. Tessi Acquires Todo en Cloud

M&A Deal Summary

Tessi Acquires Todo en Cloud

On May 29, 2018, Tessi acquired internet software and services company Todo en Cloud

Acquisition Highlights
  • This is Tessi’s 2nd transaction in the Internet Software and Services sector.
  • This is Tessi’s 1st transaction in Spain.

M&A Deal Summary
Date 2018-05-29
Target Todo en Cloud
Sector Internet Software and Services
Buyer(s) Tessi
Deal Type Add-on Acquisition

Target

Todo en Cloud

Madrid, Spain
Todo en Cloud is a provider of businesses with solutions that include both leasing IT resources and providing specialized architecture, engineering, and systems administration services in the cloud. Todo offers customized solutions for the delivery of infrastructure services, platforms or Software as a Services. Todo en Cloud was established in 2010 and is based in Madrid, Spain.

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Buyer(S) 1

Buyer

Tessi

Grenoble, France
Category Company
Founded 1971
Sector Information Technology
Employees11,796
Revenue 413M EUR (2020)
DESCRIPTION

Tessi is a provider of document automation solutions, has helped companies manage their critical processes, including document-based processes, payment systems, gold and currency transactions and promotional marketing. Tessi was founded in 1971 and is based in Grenoble, France.

DEAL STATS #
Overall 8 of 8
Sector: Internet Software and Services M&A 2 of 2
Type: Add-on Acquisition M&A Deals 4 of 4
Country: Spain M&A 1 of 1
Year: 2018 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-05-10 Owliance Group

Paris, France

Owliance Group is an independent outsourcing platform, focusing on health and general insurance with onshore and near-shore platforms. Owliance Group is based in Paris, France.

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