Orisha enters into exclusive negotiations with Meanings Capital Partners with a view to acquiring the Gaïana Group

Orisha enters into exclusive negotiations with Meanings Capital Partners with a view to acquiring the Gaïana Group

Orisha, a European software publisher dedicated to companies in the retail, real estate, healthcare and construction sectors, has entered into exclusive negotiations with Meanings Capital Partners with a view to acquiring the Gaïana Group, a leading software publisher dedicated to the Agrifood sector (Wines & Spirits, Horticulture, Agriculture and Distribution). This strategic transaction is part of Orisha’s strategy to diversify its solutions portfolio and support its expansion into new vertical markets.

In 2023, Orisha reorganized its activities into Business Units. The planned acquisition of the Gaïana group could lead to the creation of a new Business Unit in which it would be integrated.

Founded on a dual passion for technological innovation and an in-depth understanding of its customers’ businesses, the Gaïana Group offers innovative software solutions that optimize its customers’ business operations. With over 36 years of expertise, the group employs 250 people, has 2,500 customers and more than 23,000 users.

Backed by Meanings Capital Partners’ Mid Cap funds for 4 years, Gaïana is recognized as the market leader in France, and is currently focusing on international expansion, notably in Spain and Italy.

This internationalization strategy is in line with Orisha’s strategy, which began its European expansion at the end of 2022 with the acquisition of Spanish publisher Openbravo, and Dutch company Cow Hills. Orisha’s acquisition of the Gaïana group could generate additional sales of 40 million euros.

“We are excited about this potential acquisition, which aligns perfectly with our long-term growth strategy. This entry into exclusive negotiations is a testament to Orisha’s ambition to continue to innovate and grow in a constantly evolving sector,” said Jacques Ollivier, CEO of Orisha. “Furthermore, the integration of Gaïana will enrich our product range and enable us to better respond to the specific needs of our customers.”

The acquisition of Gaïana is expected to close by early summer, subject to customary closing conditions.