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Corporation
COMPUTER HARDWARE & SERVICES | IT Services
prodwaregroup.com

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Portfolio Exits

1

Partners & Customers

1

Service Providers

1

About PRODWARE

Prodware creates, integrates and hosts IT solutions for businesses.On September 15, 2020, Prodware was acquired by Babylon Software at a valuation of 4.67M.

PRODWARE Headquarter Location

45 Quai de la Seine

Paris, 75019,

France

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Latest PRODWARE News

Prodware: Business* up Slightly in 1st Quarter Of 2021

May 19, 2021

05/19/2021 | 12:52pm EDT Message : Covid-19 impact on Software Integration business Regulatory News: +1.4% *revenues restated to reflect the sale of its Tunisian entity and the Software Integration business in Israel, both sold in 2020 Business stays strong amid uncertainty Prodware posted revenues of €44.6 million in the first quarter of 2021, compared with €46.9 million in the same period in 2020, a decrease of 4.9%. Restated to reflect the sale in 2020 of the Tunisian entity and the Software Integration business in Israel, the overall growth of the Group stands at a steady +1.4% increase on a pro-forma basis. This performance was achieved in a market context that suffered especially from the repeated lockdowns throughout Europe. To this effect, the Software Integration business slowed, due in part to travel restrictions (with remote working not systematically being a viable option) and to projects being spread over a longer period of time. Revenues amounted to €20.5 million, showing an approximate 10% decline on a pro-forma basis. Conversely, sales in SaaS mode saw continued growth and recorded a pro-forma increase of 10% over the same period to reach €20.5 million. SaaS sales continued to grow making up 20% of the turnover compared with 17% a year earlier. Significant growth was also recorded with a pro-forma increase of 16% in software sales generating €15.3 million. With regard to geography, Prodware Germany was particularly active showing a 9% growth rate over this period reaching €4.9 million. Outlook Prodware will continue to implement its 2021-2025 “The Place to Be and Company to Work With” strategy with a strong focus on its Consulting practice and on developing innovative industry-specific software solutions. It will continue to support its customers in accelerating their digital transformation as the health crisis subsides. Many opportunities have already surfaced with the clinching of new digital transformation deals to cater to the new market challenges and changes in consumer behaviours. With its leading technological partners and the expertise of all its employees, Prodware reaffirms its commitment to delivering the latest in innovative solutions to help boost the competitiveness of its customers. Next publication: Revenues for the 1st half of 2021: July 21st after market close. About Prodware With 30 years of experience and know-how in IT innovation, we strive to provide value and expertise to our customers around the world. Whether we’re implementing the most ambitious cloud strategies, developing AI-powered decision-making tools, or creating IoT applications, Prodware is always at the cutting edge of innovation. Since its inception, Prodware has leveraged technological progress to help businesses prepare for the future by creating new economic models for the manufacturing, sales, distribution, finance, and business service industries. The Prodware group includes more than 1,250 employees across 12 countries. It generated revenues of €172.4 million in 2020. Prodware SA is listed on Euronext Growth and is eligible for FCPI (innovation funds) and SME PEA (equity savings plan). For more information: www.prodware-group.com

PRODWARE Portfolio Exits

1 Portfolio Exit

PRODWARE has 1 portfolio exit. Their latest portfolio exit was PRODWARE - Israel on September 15, 2020.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

9/15/2020

Divestiture

$991

2

Date

9/15/2020

Exit

Divestiture

Companies

Valuation

$991

Acquirer

Sources

2

PRODWARE Acquisitions

2 Acquisitions

PRODWARE acquired 2 companies. Their latest acquisition was C2A Informatique on March 27, 2007.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

3/27/2007

Acquired

1

10/1/2006

Series C

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$99M

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10

Date

3/27/2007

10/1/2006

Investment Stage

Series C

Companies

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Valuation

Total Funding

$99M

Note

Acquired

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Sources

1

10

PRODWARE Partners & Customers

1 Partners and customers

PRODWARE has 1 strategic partners and customers. PRODWARE recently partnered with Edgecase on .

Date

Type

Business Partner

Country

News Snippet

Sources

Partner

Edgecase

United States

1

Date

Type

Partner

Business Partner

Edgecase

Country

United States

News Snippet

Sources

1

PRODWARE Service Providers

1 Service Provider

PRODWARE has 1 service provider relationship

Service Provider

Associated Rounds

Provider Type

Service Type

Investment Bank

Financial Advisor

Service Provider

Associated Rounds

Provider Type

Investment Bank

Service Type

Financial Advisor

Partnership data by VentureSource

PRODWARE Team

5 Team Members

PRODWARE has 5 team members, including current Owner, Philippe Bouaziz.

Name

Work History

Title

Status

Philippe Bouaziz

Owner

Current

Itzik Gini

MalamTeam, and Johnson & Johnson

Chief Executive Officer

Former

Erik Biekart

Keylane, RES Software, and Philips

Chief Financial Officer

Former

Dario de la Puente

Chief Financial Officer

Former

erez storch

Chief Financial Officer

Former

Name

Philippe Bouaziz

Itzik Gini

Erik Biekart

Dario de la Puente

erez storch

Work History

MalamTeam, and Johnson & Johnson

Keylane, RES Software, and Philips

Title

Owner

Chief Executive Officer

Chief Financial Officer

Chief Financial Officer

Chief Financial Officer

Status

Current

Former

Former

Former

Former

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