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TVH Consulting acquires Algoritmia

Six months after having acquired cybersecurity specialist Fidens, the ERP & Business Intelligence solutions expert continues to roll-out of its platform strategy with the acquisition of Algoritmia, 2nd build-up under 21 Invest France’s tenure.

Founded in 2017, Algoritmia is an integrator specialized in the implementation of end-to-end digital transformation projects. As a recognized Microsoft partner in Spain, Algoritmia has great expertise in ERP, CRM, Power Platform and Artificial Intelligence solutions. Thanks to its R&D center, the company offers business applications for SMEs using state-of-the-art technologies well differentiated from its competitors.

Thanks to the renowned technical expertise and excellent client service of its 60 employees, Algoritmia is a leading player serving more than 75 clients. The company was the first Microsoft partner in Spain to receive the new « Solution Partner for Business Applications and Modern Work » certifications in 2022.

This acquisition allows TVH Consulting to strengthen its value proposition on its historical business i.e. ERP & Business Intelligence solutions while broadening its geographical footprint in Europe. Together with Algoritmia, consolidated sales amount to c.€M 46.

Stéphane Perriquet, Managing Partner & Deputy General Manager at 21 Invest France says: “We are happy to move forward on our platform strategy roadmap with TVH Consulting, in line with our initial investment thesis. We are confident in the potential for synergies between the group and Algoritmia. Other acquisitions are being considered in France and abroad – some of which are at an advanced stage - in order to achieve our ambitious development goals.”

Ahmed Mahcer, Chairman of TVH Consulting comments: "We aim to accelerate the digital transformation of our clients. The acquisition of a Microsoft technology specialist such as Algoritmia not only falls perfectly into this trajectory but also enables us to expand the geographical scope of the group. This merger was facilitated by the shared vision of the two entities and by our common values.”

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