Wishing to finance the exit of one of the partners and to initiate a build-up strategy, Acial’s shareholders entrusted Crescendo Finance with a fundraising mandate, which attracted a lot of interest from investment funds. Alliance Entreprendre, and then Bpifrance, was able to win the support of ACIAL’s managers.

Wishing to finance the exit of one of the partners and to initiate a build-up strategy, Acial’s shareholders entrusted Crescendo Finance with a fundraising mandate, which attracted a lot of interest from investment funds. Alliance Entreprendre, and then Bpifrance, was able to win the support of ACIAL’s managers.

Petros Mavrocordatos and Mohamed Hassen said: “The arrival of financial investors allows us to accelerate our growth ambitions, partly external, in France and abroad. Our choice was guided by the ability of Alliance Entreprendre and Bpifrance to support us while preserving the culture of our group and our independence of operation, in a balanced logic between growth and responsibility. We are now looking for acquisitions that will allow us to consolidate our position as a leader in software quality and increase our geographical coverage.”

Camille Chosseler, Investment Director at Alliance Entreprendre, adds: “In 22 years, the ACIAL group has proved to be a key actor in a dynamic niche market driven by strong drivers. The group still has good growth prospects, with an ambitious development plan that includes a mix of organic growth and highly targeted acquisitions.”