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Software Technology for Education Services
FRANCE
2020
SELL-SIDE
RIVALIS, leading French network for SME’ executive support
Founded in Colmar, France in 1994, RIVALIS has seen rapid growth and has become number one network for SME executive support in France today with a network of 500 independent advisors and 17,500 users. RIVALIS provides a tailor-made solution for business managers with a real-time overview of their company’s financial situation, such as turnover, profitability, and forecasts, and enables them to measure the impact of their decisions on areas such as budget, recruitment, and investment. RIVALIS also offers its clients expert advice to help them improve performance of the companies, to perpetuate the activity, and to provide long-term support to the manager.
A strong online presence with 9 million visitors per year
The company has reinforced its offering with the website www.petite-enterprise-net, the first service portal developed to answer questions from business leaders. The portal counts more than 9 million visitors per year. In addition, RIVALIS has developed Henrri, a software as a service “freemium plus” assistant, in response to key needs of micro-businesses, craftsmen, and SMEs, which include budget, invoices, payments, and dashboards.
Ardian has acquired a minority stake in RIVALIS to strengthen its development Ardian is a world-leading private investment house with assets of US$90bn managed or advised in Europe, the Americas, and Asia. The company has acquired a minority stake in RIVALIS, as part of an owner buyout (OBO) alongside the company’s management.
Lionel Valdan, co-founder of RIVALIS, said: “With the arrival of an investor like Ardian, we are equipping ourselves with the vital resources to support our growth ambitions, in particular by strengthening our digital expertise and by introducing a targeted acquisition strategy.”