Press

Groupe JVS, a company supported by Apax Partners Development and Bpifrance, acquires Start ABI, a provider of software for local authorities.

Paris (France), 13 November 2018 – Groupe JVS, via its subsidiary JVS-Mairistem, is pursuing its strategy of consolidation in the local authorities management software market, with the acquisition of Start ABI.

A well-known provider of digital and paperless solutions since 1983, Groupe JVS aims to become the leading partner for local authorities that want to modernise their services and enter the digital era. JVS has based its growth on an active build-up strategy and has also grown organically by expanding its product line.

Start ABI has more than 250 French local authority customers, located principally in Brittany. These customers will join the 14,000 local authorities already using a JVS-Mairistem management solution and will be able to take advantage of the software innovations, services and support offered by JVS-Mairistem’s network of 14 local agencies.

Isabelle Hermatet, Partner, and Béranger Mistral, Principal at Apax Partners Development, said, “We are pleased to have accompanied JVS in this build-up, which will strengthen the group’s geographical footprint and increase its visibility as the consolidation platform for the software market addressing local authorities.”

Nebojsa Jankovic, Chairman of Groupe JVS, added, “This transaction dovetails with our acquisition strategy and will strengthen our position in the local authorities market. To support this growth, we plan to pursue our investments, and we are already looking at new projects.”

Didier Bretaudeau, Chairman & CEO of Start ABI, said, “Groupe JVS and its subsidiary JVS-Mairistem offered the most attractive business combination, which will bring together technological advances and high-quality customer relations. In combining our two companies’ skills, expertise and solutions, we will be able to meet our common objective: support local authorities as best as possible as they face the challenges of digital transformation.”

About Apax Partners
www.apax.fr
@ApaxPartners_Fr

Apax Partners is a leading European private equity firm based in Paris. With more than 45 years of experience, Apax Partners provides long-term equity funding to build and strengthen world-class companies. Funds managed and advised by Apax Partners exceed €3.3 billion. These funds invest in fast-growing middle-market companies across four sectors of specialisation: TMT, Consumer, Healthcare and Services.

Paris-headquartered Apax Partners (www.apax.fr) and London-headquartered Apax Partners (www.apax.com) have a shared history but are separate, independent private equity firms.

Contact
Coralie Cornet
Communication Director
+ 33 1 53 65 01 35
coralie.cornet@apax.fr

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