Safran Software Solutions, a Leading Vendor of Risk and Project Management Software Has Been Acquired by JDM technology group

Safran Software Solutions, a Leading Vendor of Risk and Project Management Software Has Been Acquired by JDM technology group

JDM Technology Group, a global software producer has reached an agreement to purchase 100% of the equity in Safran Software Solutions, the leading project management to Safran Software Solutions. The deal was facilitated with the help of SORTIS INVEST’s trusted partners from GlobalScope – Silverpeak, who acted as exclusive Financial Advisors to Safran Software Solutions.

Safran’s software enables clients to precisely plan complex projects, while also working with those customers to manage risks – a key differentiator against its competition. Their new SaaS product released in early 2021 further plays into their strengths by extending their current risk management offering.

JDM Technology is a global group of leading software providers for the architecture, engineering, construction, maintenance and operations industries. Both companies are currently working in complementary markets and the JDM management team is glad to have unlocked the potential synergies between the firms, as they are a great strategic fit.

 

Per Arne Jensen, Chairman Safran Software Solutions commented: “Through the process we were very pleased with Silverpeak’s work quality and ethics with regards to material production, buyer universe definition, negotiations and process management.”

 

Pietro Strada, the Managing Partner at Silverpeak leading the process added: “It has been a pleasure to work with Richard Wood and Progressus (Per Arne Jensen and Rune Jensen). Safran Software is a world leader for risk analysis and management software, and this was recognised during the process, which led to the strategic acquisition by JDM Technology Group. The Silverpeak team led by Chris White and myself is delighted to have advised Safran in this strategic deal.”

 

 

ABOUT SAFRAN SOFTWARE SOLUTIONS

Safran Software Solutions is a computer software development company founded in Norway in 1997. It offers a wide range of software solutions for project control, as well as consultancy within planning and project management. Their world class products enable the execution of projects in industries such as oil and gas, engineering and construction, aerospace and defense, utilities, and the public sector. Safran has offices in New York, London, and Oslo, with an international sales team and a network of partners and resellers.

 

ABOUT JDM TECHNOLOGY GROUP

JDM Technology Group is a global software producer founded in Canada, that is focused on delivering business software systems for the architecture, engineering and construction industries with over 100,000 users served in 40 countries on 7 continents, employing over 400 staff. The JDM Technology Group’s core philosophy is long-term commitment to customer service in addition to providing the best possible solutions to customers.

 

ABOUT SILVERPEAK

Silverpeak is an investment banking firm with offices in London, Paris, Milan, San Francisco and Shanghai, dedicated to providing outstanding independent advice on M&A and financing transactions to outstanding growth technology companies. They combine a deep understanding of the technology sector and its specific dynamics with sophisticated negotiation capabilities, to achieve optimal results for their clients. Silverpeak is a member of Globalscope Partners.

 

ABOUT SORTIS Invest

SORTIS Invest is an investment banking boutique, based in Sofia, Bulgaria, part of SORTIS Group. It is a member of Globalscope Partners, a global family of 55 independent M&A firms in 46 countries with a team of 650 professionals and more than 10,000 completed mergers and acquisitions and private equity deals worldwide. SORTIS Invest advises companies on mergers & acquisitions and fundraisings, as well as valuations and financial modelling of business cases. SORTIS Invest has a broad partner network and extensive experience in the fields of corporate finance, mergers & acquisitions.

SORTIS Invest has advised clients in various sectors including Telecommunications, Media and Technology (TMT), financial services, food and beverages, life sciences, chemicals, education, defense, manufacturing, energy, mining, transport and logistics, hospitality and real estate.

 

 

 

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