Cegid Group Acquires Technomedia

On December 1, 2015, Cegid Group, through a wholly-owned subsidiary, acquired from Canadian private equity Novacap and founder Alain Latry, together with the other shareholders of Technomedia Holding Corporation, all of the issued and outstanding shares of Technomedia Holding Corporation for an undisclosed amount.

Cegid is a leading player in the digital transformation of companies, providing cloud services and enterprise software to private companies and public entities alike.

Technomedia is a Montréal-based talent management software provider with activities in Canada, the USA, Europe and Asia.

Cegid was represented in-house by Frédérique Mondange, Responsable Service Juridique and was assisted by Canadian counsel Miller Thomson LLP with a team that included Alexandre Hébert, Chantal Joubert and Eloise Gagné (corporate/M&A), Normand Royal (corporate/M&A/tax), Amal Garzouzi (employment) and Alexandre Ajami (intellectual property) and by French counsel DELSOL Avocats with a team that included Amaury Nardone and Michel Zavalichine.

Novacap was represented in-house by Bruno-Étienne Duguay, Chief Legal Officer and was assisted by Stikeman Elliott LLP with a team that included Peter Castiel, Vanessa Coiteux, Laurence L’Abbé and Marc-William Carrothers (corporate/M&A), Eveline Poirier and Charif El-Khouri (employment), Franco Gadoury and Nathaniel Lacasse (tax) and Jonathan Auerbach (intellectual property). Stikeman Elliott LLP also represented other vendors in the transaction.