Rivalis, a Colmar, France-based network for SME executive support, received a minority investment from Ardian.
The investment was part of an owner buyout (OBO) alongside the company’s management.
The company intends to use the proceeds to strengthen its digital expertise and introduce a targeted acquisition strategy.
Created in 1994 by Lionel Valdan, Rivalis provides micro-business, craftsman and SME executive support via a network of 500 independent advisors and 17,500 users. The company provides business managers with a real-time overview of their company’s financial situation (such as turnover, profitability and forecasts) and enables these individuals to measure the impact of their decisions on areas such as budget, recruitment and investment.
Rivalis also offers its clients expert advice to improve performance, to perpetuate the activity and to provide long-term support to the manager.
The company has reinforced its offering with www.petite-enterprise-net, a service portal developed to answer questions from business leaders, which counts more than 9 million visitors per year.
In addition, Rivalis has developed Henrri, a software as a service “freemium plus” assistant, in response to key needs of micro-businesses, craftsmen and SMEs, which include budget, invoices, payments and dashboards.