February 2016
  • Fundraising

Created in 1989, PRODWARE is now an international group specialized in the publishing, hosting and integration of management solutions for businesses. Leading MICROSOFT partner in the EMEA zone, PRODWARE employs almost 1 450 people assisting 19 000 clients in 15 countries for a total sales volume of €182m in 2015.

With a strong R&D structure, unique expertise in best practices in industrialization and leading strategic alliances, the Group aims to distribute its own edition offer of PRODWARE ADJUST worldwide. The deployment of this in-house offer, which depends heavily on the international subsidiaries, contributes to an improvement in the mix of  the company’s products.

PRODWARE shares are admitted for trading on Alternext Euronext Paris (ISIN: FR0010313486 – ALPRO.

ATOUT CAPITAL advised PRODWARE for the raising of a bond (EURO PP) of €50m, structured with 4 maturity installments from 4 to 7 years. This financing is part of a greater transaction involving debt restructuring for a total sum of €79m, arranged for the BANQUE INTERNATIONALE à LUXEMBOURG.

This raising of finance is aimed at allowing the Group to reduce its short term engagements and to put in place stable resources, while considerably extending the debt maturity. This transaction is also a prerequisite to an investment phase dedicated to the enrichment of PRODWARE’S technological offer and the strengthening of its position abroad, through acquisitions, principally in Europe.

ATOUT CAPITAL (CIF n° E 001758 with the AMF) is a financial services consulting firm providing services to small and medium-sized businesses. It specializes in equity financing operations (IPO, private placements, secondary offerings), M&A (takeover bids, industrial transactions, LBO), debt financing (IBO, bank and private) and insolvency proceedings

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