Magellan Partners Group acquires axYus, a leading player in the digital transformation of the French public sector

Magellan Partners acquires axYus, a leading player on the French market for the digital transformation of public sector players, central administrations, public health administrations and social welfare in Paris and regionally. This operation is part of the Strategic Plan 2021-2025 from Magellan Partners Group, a leader in the digital transformation of companies in mainland France. This is Magellan Partners’ 9th acquisition, and the 5th since 2019.

With more than 1,250 consultants, Magellan Partners is an Organizational Consulting and Information Systems Group deeply rooted in Technologies and Data. The Group has shown exceptional growth momentum over the past five years (2016 to 2020), with organic revenue growth of over 20% per year. In 2020, the Group generated revenues of some €145 million. Magellan Partners’ development strategy is based on both organic growth and external growth aimed at strengthening its leading position through the acquisition of French and European experts in consulting and technology.

To this end, in January 2021, it welcomed CAPZA, a leading private equity investor in SMEs/middle-market companies, as a minority shareholder to support its external acquisition strategy with an investment budget of €100 million.

The acquisition of axYus is the third acquisition falling within the implementation of Magellan Partners’ 2021-2025 strategic plan. It is perfectly in line with the Group’s strategy to support companies and public bodies in all aspects of their digital transformation thanks to the twin skills of its teams: business expertise and high specialization in the market’s leading technologies.

Founded 21 years ago, axYus has 150 employees and achieved revenues of €15.7 million in 2020. It supports its customers during their digital transformation and the design of applications and tools tailored to the specific needs of the French public sector. axYus has built and accumulated a wealth of knowledge of the culture, processes and business stakeholders in the public sector, with the aim of delivering solutions that truly meet the needs of sustainable modernization. It is also involved in the French government’s €100 billion stimulus plan to digitize local and central government.

Magellan Partners has also been involved in change and innovation missions for public stakeholders since 2008. With the acquisition of axYus, Magellan Partners is now positioned as a reference company to serve all the needs of public stakeholders: from business, organization and information system consulting, through territorial and digital strategy consulting to technological implementation.

The deep complementary nature of Magellan Partners and axYus, the combination of their identities and know-how will help them to achieve significant market potential in France and to propose an innovative service offer to all stakeholders in the health, social welfare and public service sectors, as well as to local and regional authorities: Data, AI, Smart Cities, Infrastructure, Security, HR, Finance, Strategy, Custom solutions.

This merger allows Magellan Partners to welcome expert teams, capable of undertaking large-scale projects and supporting public organizations at all phases of their digital transformation. It thus becomes one of the leading firms in France in consulting and integration of technological solutions for stakeholders in the French public sector.