Henry-Louis Merieux, Managing Partner (France), commented:
« We are very excited to partner with Jourdan and his team to support Arŋs accelerate its international development and become a pan-European leader in IT services with a strong focus on the Public Sector, completing its geographic footprint and its service offering, both organically and through targeted acquisitions.
The business is headquartered in Belvaux, Luxembourg, and has developed a strong set of skills to match its evolving clients’ needs, including software development as well as infrastructure, Cloud, data science, mobile development, machine learning and cyber security. We look forward to partnering with the co-founders and key employees, who will reinvest in the company alongside us, to support their continued growth as they champion innovation and services excellence in growing markets. »
Jourdan Serderidis, CEO and co-founder of Arηs Group said:
« We have built an outstanding partnership with MML Capital and we are thrilled to be further collaborating with them at this exciting time, in the next chapter of our history!
2023 marked Arηs Group’s 20th anniversary and – consistent with the growth we’ve recorded over the last two decades – this operation strategically enhances our capabilities, and further confirms the company’s position as a leading IT service provider in EU businesses and in all the markets we operate in. This operation will help us sustain our growth through targeted acquisitions, complementing our core activities and expanding our portfolio of customers into verticals in which we are not yet present.
As we move forward and envision our organisation’s glowing future, we are happy to remain independent while preserving Arηs’ identity, model, mindset and values – all of which have created the success we enjoy today.”
The MML deal team comprised Henry-Louis Mérieux (Managing Partner – France), Louis de Montille (Investment Director), Charles Le Texier (Investment Manager), and Antonin Kratiroff (Investment Analyst).
MML was advised by REYL Intesa Sanpaolo (Samuel Zayat), 8 Advisory (Pierre-David Forterre), DLA Piper (Thomas Priolet, Fanny Combourieu) and Houlihan Lokey (Daniel Havercroft).
Arηs Group was advised by EY – Strategy and Transactions (Grégoire d’Avout) and EY Law (Stephen d’Errico, Fernando Lorendeau).