Acquisition of DICOM by Spigraph

Sector(s)
TMT
Deal type
Buy a business
Date
January 2014
Countries involved
France / Germany / Switzerland

Client

Spigraph is the European leader for value-added distribution of document capture solutions including hardware (mainly scanners), document capture software and related services

Deal

Capitalmind advised Spigraph on the acquisition of DICOM from Hannover Finanz and its Management

Parties

Lead team

  • Michel Degryck

    Michel Degryck

    Managing Partner France
  • Jean-Arthur Dattée

    Jean-Arthur Dattée

    Partner France
  • Guillaume ten Have

    Guillaume ten Have

    Director France

What we did

Capitalmind is a long-term partner of Spigraph and the acquisition of Dicom is the sixth transaction advised by our teams. We provided value-added advice and efficient execution thanks to an in-depth knowledge of Spigraph strategy, business, market environment and management.

Capitalmind’s ability to propose and negotiate a creative deal combined with a high reactivity was key to the success of this transaction. We rapidly buile good relationships with the target (shareholders, management and advisors) and provided day-to-day assistance to Spigraph teams in order to execute seamlessly the transaction from the first discussions with the sellers to closing.

About the deal

Based in Saint-Quentin-Fallavier near Lyon, Spigraph is the leading European value added distributor for document capture solutions.

Following the integration of the Swiss-based DICOM International group, Spigraph will become the undisputed leading Value Added Distributor (VAD) in the EMEA zone (Europe, Middle East and Africa) in the document capture market. The new group generates €130m in revenues and employs 400 people.

The combination of the two groups will lead to a greater geographical coverage, a larger product and service range with more added value, and will generate quick synergies (eg clients portfolio, logistics, G&As).