I-Deal Development supports Cogiteam company in the acquisition of R&CI, an IT services company specializing in development consulting and engineering.
Cogiteam and its President, Mr. Jean-Marie Coudure-Tuquet, wanted to make this acquisition to diversify their client portfolio and strengthen their market position.
“This acquisition allows us to strengthen our JAVA/J2EE development expertise center and is part of our policy to diversify business sectors. It therefore helps manage the risk associated with the collapse of a sector. The knowledge of I-Deal Development firm of company acquisition mechanisms combined with a good understanding of our business sector allowed us to remain clear-sighted on certain aspects of the negotiation,” analyzes Mr. Jean-Marie Coudure-Tuquet.
This operation allows Cogiteam to:
- increase its turnover by 30%,
- experience a strong increase in profitability,
- acquire new top-tier references, particularly in the Industrial sector.
At the request of its Client, I-Deal Development was involved in all stages of the operation, from identifying the company to concluding the transaction, including negotiating protocols and guarantees, and identifying banking partners. This transaction was completed within 4 months.
