Wavestone SA (ENXTPA:WAVE) acquired Wivoo SAS for ?16 million on May 22, 2025. As cash consideration, the purchase price is ?11.5m in enterprise value, plus an additional consideration of up to ?4.5 million cash, conditioned by Wivoo's performance as of March 2026, and March 2027. The acquisition has been fully financed in cash, using Wavestone's own financial resources. Wivoo will be consolidated into Wavestone's accounts as of June 1, 2025. As part of the integration, Wivoo will continue to operate under its own brand, with the tagline ?a Wavestone company? added to its logo. The thee Co-Founders have all committed to remain on board for at least two years.

For the period ending December 31, 2024, Wivoo SAS reported total revenue of ?11.5 million.

Olivia Guéguen, Laura Godard, Lisa Morand, Katell Déniel-Allioux, Julie Ragueneau and Maxime Simonnet of Dentons Europe, Association d'Avocats à Responsabilité Professionnelle Individuelle acted as legal advisor for Wavestone SA.

Wavestone SA (ENXTPA:WAVE) completed the acquisition of Wivoo SAS for ?16 million on May 22, 2025.