ORSYP, an enterprise IT automation and ITSM software company, owned by Argos Soditic funds and management, acquired Sysload Software, a provider of Data Center Performance and Capacity Management solutions.
The acquisition represents the first step in fulfilling ORSYP’s external growth strategy, which has been part of the company’s plan since the management buyout of ORSYP completed by private equity firm Argos Soditic in December 2007.
Headquartered in Paris, France, Boston, USA, Hong Kong, China, ORSYP has more than 20 years of growth and over 1000 blue chip customers.
Since 2000, Sysload has provides a scalable distributed solution to manage performance and capacity in corporate Data Center.
The transaction was funded by a combination ORSYP’s cash and a new bank loan arranged by BNP Paribas, together with LCL and HSBC.