Technology
Walther Transaction originates and supports the acquisition of OTRS by EasyVista
The project at a glance
Key Facts
Client
EasyVista SAS
Acquiror
EasyVista SAS
Target
OTRS AG
Sellers
Majority Shareholders André Mindermann etc.
Technology
Vertical
€ 32.6M
Deal Size in EUR
France, Germany
Countries
'%20stroke='%238B7E68'/%3e%3cline%20id='Line%2018'%20x1='10.1035'%20y1='0.5'%20x2='10.1035'%20y2='8.6029'%20stroke='%238B7E68'/%3e%3crect%20id='Rectangle%201946'%20x='0.5'%20y='3.74561'%20width='39'%20height='35.237'%20rx='3.5'%20stroke='%238B7E68'/%3e%3cline%20id='Line%2019'%20x1='30.4219'%20y1='0.5'%20x2='30.4219'%20y2='8.6029'%20stroke='%238B7E68'/%3e%3c/g%3e%3c/svg%3e)
2024
Year
“We are delighted with this latest step in EasyVista’s development, which now makes us a leading international player in the IT solutions market. In addition to the geographic expansion enabled by the OTRS transaction, this operation will allow us to develop numerous synergies at the international level, between our respective customer bases and technology platforms.”
Patrice Barbedette
CEO of EasyVista
Approach
In close cooperation with EasyVista and the responsible Eurazeo Team, Walther Transaction originated and qualified OTRS as the most relevant target to gain market access in the DACH region and expand into small and mid-sized organizations.
Challenges
Secure EasyVista’s goal to find the right target to enter the DACH market and expand its services. Remove roadblocks on the seller’s side that have hindered the transaction. Solve intercultural challenges between a PE-backed international player and German sellers.
Results
After all challenges had been solved, more than 90% of the shares were bought within four weeks via individual agreements with the major shareholders and on the stock exchange. Integration to form a leading player in the IT solutions market started right after signing.
