Founded in 1983 by Jacky Vauthier and based in Saint-Martin sur le Pré (Marne), the JVS Group is a leading provider of software and IT solutions for local authorities. The group employs 278 people and has a turnover of nearly €28 million, a figure that has grown continuously in recent years.
The group’s main company, JVS-Mairistem, publishes management and e-administration software for local authorities and currently equips 14,000 town halls, water unions and communities of municipalities throughout France thanks to a dense network of agencies and partners. In addition to this historical activity, the Group has begun its diversification, both in terms of applications and sectors, and has been offering paperless document management solutions since 2013 following the acquisition of Novadys, and IT solutions with its subsidiary JVS-Infrastructures & Solutions.
EPF as lead investor, associated with Bpifrance, is supporting Nebojsa Jankovic and around ten of the Group’s executives in their takeover project. After an initial transfer phase in 2008, the manager and his team took control of JVS during this operation. The objective of this new development phase is to accelerate the external growth strategy in order to consolidate JVS’s current position and complete its product offering. In this context, the Group has just made its first acquisition, Better Company, a publisher of Citizen Relationship Management solutions, based in Belgium and distributed by JVS-Mairistem in France.
“The motivation and approach of EPF Partners and Bpifrance enabled them to win our support. I am very enthusiastic about this partnership, which enables managers to increase their stake in JVS and gives us the support we need to achieve our ambition of development through external growth,” says Nebojsa Jankovic, Chairman of the historic JVS Group.
According to Adrien TOURRES, Partner at PAX CF “For several years we have been following the evolution of JVS and have therefore been able to find the investor who matched the project of Nebojsa Jankovic and the company’s executives. We are pleased to have contributed to this new stage in the JVS Group’s shareholding structure.