ACQUISITION OF COSMOS CONSULTING BY TVH GROUP

TVH expands its range with the acquisition of Cosmos Consulting, a French company specialised in Data Analytics and Business Intelligence.

TVH Group, a major player in the integration of market-leading ERP solutions (SAP S4/HANA and Microsoft D365), has acquired Cosmos Consulting, an independent pure play company specialised in Business Intelligence and Data Integration solutions. This is TVH Group’s second acquisition since Sparring Capital became the majority shareholder in September 2016.

Created in 2007, Cosmos Consulting offers its clients solutions such as SAP Business Objects, SAP Analytics or Talend unified platform, and benefits from proven expertise, as demonstrated by its various certifications. The company, based in Aix-en-Provence, has a turnover of more than €4 million, is a SAP and Talend Gold partner and also publishes its own analytical extensions.

Thanks to this acquisition, TVH group is diversifying into Business Intelligence, which offers strong synergies with its historical core business. The creation of a real BI division within the Group will allow TVH to expand its presence by complementing its range of services dedicated to information systems for SMEs and key accounts.

The Group is therefore consolidating its position as a high value-added integrator and publisher of its own solutions for dedicated business verticals such as the Agri-food industry, Cooperatives, Retail and Life Science sectors.

Ahmed Mahcer, TVH Group Chairman, said: « We are delighted to be joined by the Cosmos Consulting teams, who have an excellent reputation for Business Intelligence and whose values are in line with TVH Group. Cosmos’ skills will enable us to enhance our range of services by providing our clients with the necessary expertise in terms of Data Analytics, Business Intelligence and Data Processing. Through this acquisition, we also wish to bring an additional layer of Artificial Intelligence to ERP software by creating our own application extensions. »

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