SII Group, specialist in engineering services, confirms the acquisition of 100% of the capital of METANEXT. As announced on November 21, 2022, the parties signed the final closing of the operation.
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SII strengthens its cloud services by the acquisition of METANEXT
A digital services company specialized in Cloud services, METANEXT achieved a turnover of nearly 18 M€ in 2021. With a team of around 160 consultants, located in Ile-de-France and Lyon, METANEXT addresses the functional and technological issues of blue-chip and mid-sized clients thanks to an offer structured around three main divisions: Cloud Solutions, Integration of Private and/or Public Cloud Solutions and Operation Support (Expertise Centers & Managed Services). METANEXT is mainly present in the Banking & Finance, Insurance, and Manufacturing & Services sectors.
This industrial project represents an important step for METANEXT, which benefiting from new opportunities and new capacities for its teams and clients. “This project represents a decisive step in METANEXT’s development. In close cooperation with SII Group, our teams are becoming a national reference in terms of support towards the Cloud”, states Tristan Monroe, President of METANEXT.
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An operation of technological diversification in France for SII Group
This operation is in line with the strategic orientation aiming at a technological diversification for SII Group. Through this acquisition, SII accelerates its development on the Cloud expertise and reinforces its proximity with a group of strategic blue-chip clients.
This operation brings forward commercial, geographic & skill-related synergies, being a source of profitable growth for SII Group.
The transaction, which covers the entire operational scope of METANEXT, is financed in cash.
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