Solent was founded in 2003 and is based in La Garenne-Colombes and Nantes. It is an IT service company that brings, at a time of increasing connectivity of all systems, the rigor of aeronautics to the world of information systems and the agility coupled with the innovation of new technologies to the industrial world of embedded systems. Consisting of a team of more than 60 employees, the vast majority of whom are engineers or PhDs, the company generated a 2017 turnover of around €6m with major accounts mainly in the energy, aeronautics, digital TV and banking-insurance sectors. With a constant desire to combine the level of expertise of a design office and the innovation of a research laboratory with the flexibility and rigorous management of a digital services company and in order to increase the relevance of this positioning, Solent mandated Crescendo Finance as part of its highly targeted external growth strategy. After a few months of research to find a suitable target, the acquisition of Philog appeared to be an obvious human and strategic choice.
Philog was founded in 1982 by Michel Beigbeder and focuses its service offering around a system pole (design of drivers for many OS, embedded systems and development around communication protocols) and an application pole (middleware, databases and the latest web technologies). Philog consists of about 40 employees who are based in Paris and achieved a 2017 turnover of €3.7m. This IT service company is referenced by several major accounts in the medical imaging, payment services and telecom industries.