Ardian signs agreement to acquire a stake in technology & strategy

Founded in 2008 and headquartered in Strasbourg, with strong French and German roots, T&S specializes in engineering, IT, digital and project management consulting in Europe, the United Kingdom and Southeast Asia, notably through its expertise in embedded systems. With 16 offices across six countries, T&S works closely with its clients to address a wide range of technological challenges. The Group has around 1,200 employees and operates in fast-growing niches in sectors such as automobile, healthcare, finance and luxury. 

T&S has experienced strong organic growth of 46% p.a. since its inception in 2008, and has successfully completed several acquisitions. These include Antaes, technology consulting firm (Switzerland and Singapore) in 2014; Octelio Conseil, data-driven digital marketing specialist (France) in 2015; Arias/Maia, engineering consulting group (France); and Lormatech, industrial projects management consulting firm (France) in 2017. Following the strategic partnership with Ardian, T&S will continue to consolidate its presence in existing markets as well as developing its international footprint.

Jérémie Huss, Co-founder and CEO of T&S, said: “We are proud of the progress we have made with Dzeta and are now entering a new phase of our development. This strategic partnership with Ardian will allow us to target new geographies to carry out external growth.“
 
François Jerphagnon, Head of Ardian Expansion, added: “We are truly impressed with T&S’s strong track record since its inception in 2008. This acquisition is in line with Ardian Expansion’s strategy of partnering with ambitious companies seeking to expand outside their domestic market. This stands to be a promising partnership which will not only accelerate the Group’s growth, but also strengthen the management's stake in T&S.”

Marie Arnaud-Battandier, Managing Director at Ardian Expansion, concluded: “Within 10 years, thanks to the quality of its teams, T&S has established itself as a leader in its market and has built a strong reputation thanks to its innovative approach. We are excited to begin working with the Group’s team whose entrepreneurship and ambitious vision mirrors the core values of Ardian Expansion.”   

Claude and Grégoire Darmon, Founders of Dzeta Group, added: “We would like to warmly thank all the team of Technology & Strategy, congratulate them, and wish every success in this new adventure in which we are delighted to re-invest.”