Data management provider Synotis CH gets acquired

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26.09.2022

After eight years of providing consulting and data management, Synotis CH has joined Smile Group, a European leader in digital and open source. The Smile group acquired a majority stake in the startup to strengthen its positions in Switzerland and the field of data management.

Effective data management is a key challenge for companies and public administrations. All companies in complete digital evolution consider data an intangible asset that must be mastered to exploit its full potential for clients and employees.

Founded in 2014 by Robert Bounheng, Sébastien Malleret, Xavier Mouchot and François Delage, Synotis CH specialises in the implementation of data projects covering a broad range of expertise: from data governance to the implementation of DataHub-type architectures. Its team of more than 30 consultants serves both the public and private sector, providing services and solutions to business and IT departments enabling organisations to realise the value of their data.

Smile Group, a specialist in digital and open source projects covering all the company’s IT scopes, has secured a majority stake in Synotis CH, whose projects align with Smile's Open Arrow strategic plan. The two companies are combining their expertise in data management and digital projects to better meet the demands of Swiss companies. The acquisition will also enhance Smile Group’s expertise, mainly Smile France, thanks to the synergies created with its Lyon service centre. Smile’s subsidiary in Switzerland, whose digital projects cover sectors such as luxury goods, agri-food, transportation, and international organisations, also benefits from the new deal.

Synotis CH will continue to be managed by its founders, who state: “We are delighted to continue the adventure with Smile and to contribute to creating a European champion of digital and open source. We are convinced that the synergies resulting from our merger will enable us to address our customers’ issues more globally, thanks to the Cloud architecture and digital expertise of Smile’s teams, two areas of development that we have long identified”.

Marc Palazon, CEO of the Smile Group, states, “The acquisition of Synotis CH is in line with our Open Arrowstrategic plan, which aims to increase the geographical coverage of the Smile Group on an international scale, with the support of its shareholders. By joining forces with Synotis CH’s formidable teams, we are strengthening our presence in Switzerland and data management, two markets offering significant development prospects.”

(Press release/RAN)

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