Lexsi is embarking on an MBO with Argos Soditic, which holds 52% of the shares alongside the founder, Joël Rivière (40%), the managers and other minority shareholders (8%). Of the ten or so French funds contacted in April, we shortlisted four,” says Paul-Emmanuel Prunet of Transaction R. “It’s a great deal in a growing market,” says Louis Godron, a partner at Argos Soditic.
The French leader in information systems security and a specialist in the prevention of risks linked to IT and telephone environments, the SME has 110 employees in Montreuil, Montreal, Geneva and Singapore. It is growing by 20% a year and is expected to exceed €13m in sales in 2008. A doubling in size is expected within four years,” continues Louis Gordon. Purchases are being considered in Europe and the United States. Lexsi has the capacity to self-finance small purchases.