Solucom today announces the finalisation of its merger with Hapsis, announced on 19 March 2015
Solucom consolidates its position as leader in the cyber-security segment
Founded in 2002, with a staff of 30 consultants, Hapsis is an independent consulting firm specialised in risk management and digital security with a client portfolio including several key accounts, notably in the banking sector (Banque de France, BNP Paribas, BPCE and Société Générale), and other majors such as Axa, GDF SUEZ and Safran.
The Hapsis assets acquired by Solucom will have reported full-year 2014/15 revenues of €4.3m at 31 March 2015, for a positive operating margin.
This merger is perfectly in line with Solucom's strategy to step up its expansion in the cyber-security consulting market in general which is in the full throes of growth with the multiplication of threats.
Effective merger as of 1 April 2015
As of today, Hapsis' teams have been integrated into Solucom's risk-management and information-security division.
Under the terms of the agreement, Solucom has acquired the bulk of Hapsis' business assets in an operation financed entirely in cash.
Hapsis will be consolidated in Solucom's accounts as of 1 April 2015.
Read Solucom's 19 March 2015 press release here: Merger with Hapsis: Solucom looking to strengthen
its positions in cyber-security consulting.
Solucom is a management and IT consulting firm.
Solucom's clients rank among the top 200 major companies and local authority bodies. To serve its clients' needs, Solucom has access to the collective skills of more than 1,400 employees.
The group's mission is to place innovation at the heart of business, to target and steer value-creating transformations and to turn IT into real assets designed to serve corporate strategy.
Solucom is listed on Euronext Paris (LCO).
The firm was awarded the "Innovative Company" label by the French public investment bank, BPIFrance: this qualification was renewed in April 2014 for a period of three years.
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