• RSM, the 6th largest global network of audit and consulting firms, performed the buy-side financial, tax, and social due diligence for VISEO, an international player in digital transformation, during the finalization of the acquisition of Progress Management (PM), the French specialist in transformation projects based on SAP solutions in the retail and agri-food sectors.
  • Led by Eric Fougedoire and Vital Saint-Marc, RSM partners, the team further strengthened its expertise in supporting IT/tech players with external growth operations.

 

Acquisition of Progress Management by VISEO

VISEO and PM have been trusted partners in the SAP ecosystem for over twenty years, with SAP being the world’s leading player in enterprise application software. This partnership creates the new leader in SAP solution integration in France. Confident in SAP’s continued dominance in the future and faced with a strong increase in demand for SAP expertise from current and potential clients, the new entity will play a key role in enhancing the value of SAP technologies in its clients’ digital strategies.

This acquisition is part of VISEO’s strategy to support the developments driven by the SAP provider. With this acquisition, VISEO strengthens its position as the leading SAP integration player in France and sets its sights on becoming the leader in the fifteen countries where the group operates. With more than €100 million in SAP-related revenue worldwide, VISEO will continue to drive increasingly ambitious projects to deliver the full potential of SAP platforms to its clients.

 

The RSM team

The RSM team consisted of:

  • Financial due diligence : Eric Fougedoire, Antoine Pierre, Loic Van Cauwelaert
  • Tax and social due diligence : Vital Saint Marc, Anne Seibel, Corinne Dubost

 

About VISEO

VISEO is an IT services company (ESN) that leverages technology as a powerful driver of transformation and innovation to help its clients seize digital opportunities, address new usage patterns, and compete against players who are changing the rules of the game. With over 2,500 employees across five continents, VISEO combines agility with complementary expertise – designing new products and services, digitizing business processes, harnessing data, and developing digital assets – to make digital a true lever of competitiveness and performance.

About Progress Management

Progress Management (PM) is a consulting and integration company with a mission to help its clients successfully carry out their transformation and organizational optimization projects using SAP solutions. This positioning, which combines technological expertise, sector-specific knowledge, and a consulting vision, has allowed PM to become a leading player in the SAP ecosystem, particularly in the agri-food, retail, and professional services sectors. PM deploys its expertise in France and internationally with 130 consultants based in Paris, Lyon, and Singapore.