PE Deals

Keensight-backed Valiantys buys Addteq’s consulting business

Valiantys has bought Addteq’s Atlassian Platinum Solution partner business, that offers services for Atlassian's enterprise customers.

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  • Valiantys has been a dedicated Atlassian partner since its founding in 2006
  • The acquisition supports Valiantys’ growth plans and enables an expansion of the company’s services, the firm said
  • Addteq has decided to focus its efforts on it Atlassian Marketplace business

Keensight Capital-backed Valiantys announced it has acquired a subdivision of tech services provider Addteq.

Valiantys, headquartered in Toulouse, is a global consulting and services firm and is a dedicated Atlassian partner. The acquisition supports Valiantys’ growth plans and enables an expansion of the company’s services, the firm said.

The Addteq subdivision is an Atlassian Platinum Solution partner business that services Atlassian’s enterprise customers.

“This strategic acquisition will deepen Valiantys’ services capabilities, strengthen its coverage of the financial services and healthcare sectors, and reinforce its coverage of the US East Coast region,” said Lucas Dussurget, global CEO at Valiantys.

“Our service division’s experience across key vertical markets, such as financial services, telecommunications, manufacturing and healthcare, will help Valiantys drive growth and enable our prior Addteq customers to achieve their goals faster,” said Sukhbir Dhillon, President & CEO of Addteq.

Addteq is based in Princeton, New Jersey. The company has decided to focus its efforts on its Atlassian Marketplace business, which creates apps and extensions to Atlassian’s products.

“We strongly believe in Valiantys’ capacity to grow its pool of talent and global footprint,” said Philippe Crochet, managing partner at Keensight Capital. “We will continue to support Valiantys’ leadership team in accelerating this trajectory through further international expansion.”

Keensight Capital is a Paris-based European growth buyout investor in the technology and healthcare sectors. The deal follows on from another Keensight backed company, Bedford Consulting, buying software consultancy Bluesprint.