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Sellsy Acquires Rocketchart, And Strengthens Its All-In-One Cloud Crm Suite With A Leading Cash Management Solution

Mar 22, 2022•over 3 years ago

Acquiring Company

Sellsy

Acquired Company

RocketChart

La RochelleSoftwareAdministrative ServicesSales And Marketing

Description

Sellsy, a leading French provider of all-in-one CRM and FMS (financial management system) software solutions for SMEs, today announces the acquisition of RocketChart, strengthening its existing offering with the addition of a powerful cash management solution.

Company Information

Company

Sellsy

Location

La Rochelle, Nouvelle-Aquitaine, France

About

Sellsy is a CRM, invoicing and pre-accounting suite for optimized business management and customer experience. A collaborative tool to give marketing, sales and administrative teams the means to be effective! With 22,000 customers, Sellsy surrounds itself with 200 employees to carry out its projects. Sellsy remains, above all, a French company created by two entrepreneurs, Frédéric Coulais and Alain Mevellec, for entrepreneurs. Since its creation in 2009, Sellsy has placed innovation at the heart of its strategy, in order to offer companies simple, efficient and secure digital solutions.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed