Atos is a global leader in digital transformation with 111,000 employees and annual revenue of c. € 11 billion. European number one in cybersecurity, cloud and high-performance computing, the Group provides tailored end-to-end solutions for all industries in 69 countries.

Outcome

• Solganick & Co. conducted an efficient, focused and highly competitive M&A marketing process involving potential financial and strategic buyers.
• Several highly-qualified parties expressed interest and submitted compelling offers.
• After discussions and preliminary negotiations with numerous groups, ATOS/MavenWave ultimately put forth the most compelling offer.
• Solganick was able to increase the upfront cash amount by 50% and total valuation by 25%.
• Through the transaction, Visual BI’s founders were able to maximize cash at close with a very attractive market driven transaction multiple.
• The transaction was announced in July 2021 and closed the following month in August 2021.