Talan Announces Acquisition of Coexya, Strengthening its Position in the French and International Markets
Mehdi Houas, announced on his LinkedIn page that Talan has signed a protocol agreement for the acquisition of Coexya, a French digital services group, with the support of the pan-European independent investment fund Argos Wityu.
About Coexya
Coexya is a French digital services group specializing in consulting, integration, software publishing, and enterprise infrastructure. With over 1,000 employees, the company serves a diverse client base across various sectors, including healthcare, industry, and the public sector.
Strengthening Talan's Position
This operation will enable Talan to reinforce its position in the French and international markets. Coexya will benefit from increased visibility and new growth opportunities while continuing to leverage its areas of specialization.
Ambitious Goals
According to Talan's press release, the new entity aims to generate over €880 million in revenue by 2024, with more than 7,000 employees, and targets €2.5 billion in revenue by 2030.
Synergies and Growth Opportunities
The two groups share synergies that will enable the creation of a more comprehensive and competitive offering. Talan's expertise in transportation, energy, and public services will complement Coexya's strengths in healthcare, industry, and the public sector. Coexya's clients will gain access to Talan's centers of excellence in Tunisia, Mauritius, and Hungary.
Next Steps
The operation is subject to customary regulatory conditions and approvals and is expected to be finalized in the second half of 2024.
This acquisition is a significant development for the French digital services market, and we look forward to seeing the benefits it will bring to both companies and their clients.
