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Crescendo Finance advises SRCI in its sale to Salvia Développement Group

SRCI is an innovative software editor for secure electronic document exchange, serving public organizations and companies. Its know-how in development, integration and hosting of dematerialization and flow governance solutions is approved by more than 8000 customers and positions SRCI today as a key actor in the dematerialization and flow governance market in France. This is one of the most dynamic markets today, estimated at 5.2 billion euros. Its turnover exceeds 3m€ for an Ebit close to 15%.

Based near Chartres and Caen, SRCI is now the Dematerialization & Flow Governance division of the Salvia Développement group and brings its expertise in EDI for business applications, used by various departments and developed by various publishers. Its iXBus/iXBiz® technology, placed at the heart of the IS, constitutes a unique communication platform that can be integrated into any heterogeneous environment. By joining Salvia Développement, SRCI will benefit from synergies around its businesses, particularly in the field of real estate project management and energy cost control solutions.

Salvia Développement, a business software publisher, offers a complete range of expert management solutions that meet the needs of the finance and project management departments of local authorities, social landlords, real estate developers and all real estate project management actors. Its solutions, designed and developed in France by its specialists, are dedicated to monitoring real estate operations, managing financing, fixed assets and financial reporting. Owned by its managers and the Argos Soditic investment fund, Salvia Développement now employs 150 people, serving more than 1,950 clients and generating proforma revenues of €15m.