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    ALKEY   FR0004029411

KEYRUS

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Keyrus S A : The Keyrus Group acquires a majority interest in Xiomega Consulting, ...

11/12/2020 | 04:01am EDT
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12.11.20

Press Release

The Keyrus Group acquires a majority interest in Xiomega Consulting, strengthening its IS Consulting and Digital Transformation activities in the Auvergne-Rhône-Alpes region

Levallois-Perret, November 12, 2020 - Keyrus, an international player in the fields of Data Intelligence, Digital, Management Consulting and Business Transformation, announces its acquisition of a majority stake in the firm Xiomega Consulting, enhancing its expertise in IS Consulting and Digital Transformation.

Founded in 2014 in Lyon by three partners with experience at major 'ESN', Xiomega Consulting guides corporate groups and intermediate-sized enterprises in the transformation, integration, and development of their IS Systems by offering consulting services, project or program management, and project ownership support.

With a team of some 20 consultants, Xiomega Consulting recorded approximately €3,000,000 in revenue in 2019. The firm specializes in three main service categories: ERP (SAP expertise), Business Intelligence, and Digital. Xiomega Consulting has a broad portfolio of international clients in various sectors, including the pharmaceutical industry, luxury goods, transportation and logistics, mechanical engineering, renewable energy, and mass retail.

Xiomega Consulting will benefit not only from the technological expertise of Keyrus, but also its substantial digital and data footprint in the Auvergne-Rhône-Alpes region and the Group's many listings with major French and international accounts.

'The culture of innovation associated with the expertise and leadership at Keyrus gives Xiomega Consulting a new strategic and technological dimension, in France as well as internationally,' says Yann Evano, Co-Founder and CEO of Xiomega Consulting. 'By joining forces, we seek to offer our clients a vision and an unprecedented value proposition at this time when the convergence of ERP, data, and digital solutions is a necessity. The complementary expertise of the teams at Keyrus and Xiomega Consulting will create immediate synergies, leading to an increase in added value for our clients in the Auvergne-Rhône-Alpes region.'

Through this acquisition, Keyrus is pursuing its aim of incorporating Xiomega Consulting's talent and expertise in a comprehensive value chain, accelerating its unique positioning around 'Digital Intelligence' by seamlessly integrating Consulting, Data, and Digital with an interdisciplinary approach.

'Because we share common values-excellence, client proximity, and teamwork-we are delighted to welcome the team members from Xiomega Consulting to Keyrus,' notes Eric Cohen, Founder and CEO of Keyrus. 'This acquisition does more than strengthen Keyrus's consulting teams. It allows us to expand our services and broaden our project and program management capabilities, those being strategic skills for the support of our clients' numerous ongoing digital transformations.'

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Disclaimer

Keyrus SA published this content on 12 November 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 12 November 2020 09:00:04 UTC


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Financials
Sales 2020 261 M 305 M 305 M
Net income 2020 0,78 M 0,91 M 0,91 M
Net Debt 2020 54,8 M 64,1 M 64,1 M
P/E ratio 2020 59,3x
Yield 2020 -
Capitalization 58,8 M 68,8 M 68,8 M
EV / Sales 2019 0,43x
EV / Sales 2020 0,39x
Nbr of Employees 2 982
Free-Float 33,9%
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Managers and Directors
Eric Cohen Chairman & Chief Executive Officer
Johann Temim Group Chief Financial Officer
Fabrice Haccoun CEO-Development & Operations France
AurÚlie Boisselier Director-Administrative & Finance
Claude Benmussa Independent Director
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