Capzanine acquires a significant minority stake in Intescia, a business intelligence software publisher, as part of a management takeover and the exit of WINCH Capital 2 fund managed by Andera Partners and of BNP Paribas Development.

Resulting from an external growth strategy started in 2013, INTESCIA Group offers a range of B2B services in SaaS mode in the area of SmartData and Business Intelligence through four operational entities: DoubleTrade, Edisys, Corporama and Scores&Decisions.

INTESCIA Group detects, collects and distributes data that improve the financial and commercial performance of companies in four complementary areas:

• Detection and management of business opportunities (Doubletrade and Edisys);
• B to B commercial prospection (Corporama);
• Credit scoring and financial information (Scores & Decisions);
• Market Intelligence and strategic and commercial decision tool (Business Insight).

INTESCIA Group has more than 20 years of experience in research and development (R&D) and business development in web-based platforms dedicated to Business Intelligence. The Group is notably a leader in market watch (public tenders, private projects, market anticipations).

Its market is enjoying a positive momentum and should continue to expand, supported by the continuous increase in the volume of data available and the increasing penetration of CRM within small and mid-cap companies that need to be enriched by SmartData and Business Intelligence algorythms. Moreover, the delivery of its offers in SaaS ensures a good visibility and recurrence of revenues.

Building on a successful track record of acquisitions since 2013, Intescia’s ambition is to carry out targeted build-ups in order to enrich its product range or integrate innovative technologies.

The Group achieved a turnover of around €30 million at the end of June 2018.

Capzanine has chosen to support Intescia by investing alongside the management team in both equity and mezzanine, as part of its Capzanine 4 Flex Equity fund. Capzanine thus signs its 25th operation in the Tech sector since its creation.

Alexandre Sidommo, Group CEO, commented: « We are happy to start the second part of our project initiated in 2013 with Andera and which continues with Capzanine, a major player that we needed in order to take full advantage of the new industrial revolution ahead of us. It will allow us to play a leading role by applying artificial intelligence to our business information databases and our tools, allowing our customers to have useful and up-to-date information in their systems (CRM, ERP …) that can contribute to increase their turnover. »

Maxence Radix, Partner at Capzanine, added: “Intescia’s managers have created a unique ecosystem around data and business intelligence, thanks to a strategy combining the reinforcement of the in-house offer and targeted external growth. We are very excited to contribute to Intescia’s ambitious development plan for years to come.”