Equadex, a French SME data server and cloud services startup, is becoming part of NY private equity firm inherent Group in an acquisition deal also supported by pan-European PE outfit Keensight Capital.
Equadex was founded in Toulouse in 2007 by Franck Marty. Since then, it has cemented its brand offer in France by enabling SME digital transformation via cloud consultancy and auditing strategies.
The startup currently works with 500 SMEs and says it provides end-to-end support encompassing IT consulting, integration, app development connectivity, while also assisting with deployment in the enterprise's specific operational technology stack.
Buying Equadex is aimed at strengthening Adista's regional connectivity on the other side of France, limiting latency to SME nodes in the southwest, where Equadex's two cloud servers are situated. Marty will be appointed director of adista's regional activity in France's Occitania region.
Whenever a business chooses an enterprise cloud server, the hosting location is one of the main considerations. If the cloud server is too far away the client may suffer from latency, undermining its effectiveness.
A total of 12 local data centres were active in inherent's portfolio prior to the acquisition and the private equity firm also owns 100 cloud "points of presence" aimed at shoring up regional connectivity.
Intelligent analytics, automation and cloud-based software apps execute key parts of an SME's operational infrastructure without the need to host on-premises data servers. A recent business leaders' poll by Broadridge revealed more than half (51%) view digital transformation as a key profit driver.
Patrice Bélie, president of inherent Group, said: "Customer proximity and satisfaction are two priorities shared by inherent and Equadex.
"This partnership was therefore a natural choice for both companies, whose common goal is to eliminate technological complexity by capitalising on human relations."