Ardian supports Saaswedo's development in France and abroad

Following its capital raising, Ardian is committed to Saaswedo’s development as a minority shareholder


Ardian, the premium independent private investment company, today announces that it has invested in Saaswedo, one of the French leaders in software solution for telecom expenses management.
Founded in 2010, Saaswedo develops software solutions for telecom operators and companies (SMEs and large groups) to analyze, optimize and rationalize all telecom expenses, allowing up to a 50% decrease.

Thanks to this fast growing market driven by new requirements link to the management of mobile devices, this investment will allow the company to reinforce its position in the French market and to sustain its strong growth. In addition, this fundraising will allow the group to support its international development especially in the United States, the first telecom market in the world.

Gilles Mezari, co-founder of Saaswedo said: “This capital increase gives our group the financial means we needed to support the strong growth of our activities and to follow the marketing and technological changes of our market.”

Christian Cor, co-founder, added: “Beyond this financing, we found with the Ardian team a partner able to understand precisely our business and issues in term of external growth and international development.”

Laurent Foata, Head of Ardian Growth added: “Saaswedo fits perfectly with our strategy: to invest in qualified teams and in growing and profitable companies with a high international development potential. We are delighted to be able to support the ambition of this company.”