Paris, January 2018 : Crescendo finance advises Hotline in the acquisition of the group Metalogic
Founded in 1983, Hotline specializes in IT support for users by offering services around outsourcing, consulting, migration and hardware deployment. The group provides operational Maintenance services, through consultants working directly with customers or with helpdesk services for remote assistance.
After several successful external growth operations, Éric Pilet, who arrived in 2014 to take over the management of Hotline, continues the development of the company with the completion of a capital increase with Isatis Capital, completed by the subscription of a senior debt provided by Banque Européenne du Crédit Mutuel and Banque Populaire Rives de Paris. This operation allows the financing of the acquisition from its founder Michel Deray of the company Metalogic, specialized in technical assistance and gestures of proximity around the workstation, and more particularly the integration and deployment of software, the administration of systems and networks, and IT management. In this transaction, the General Manager of Metalogic, Samuel Amiet, already a shareholder of the target, becomes shareholder and CEO of the new consolidated group. Mr. Pilet takes the chair of the entire Group.
In a consolidating market, the operation creates a coherent group, with strong business complementarities and to be able to position itself with major accounts clients on larger projects. This acquisition represents the first step in Isatis Capital's investment thesis, which aims to carry out several successive acquisitions in order to respond to larger tenders while continuing to develop the group based on current clients. .
The new group, renamed Metaline, generates close to € 12m turnover. Metalogic has achieved € 7.8m turnover for € 1m net profit.