Silverpeak, the financial advisor to growth technology companies, acted as the exclusive advisor to Safran Software Solutions AS. This is Silverpeak’s fourth deal advising SaaS and software clients in the last six months.
Safran’s world class software enables businesses to precisely plan and execute large projects across industries including oil and gas, engineering and construction, aerospace and defence, utilities, and the public sector.
Since 1997, Safran has worked closely with its customers to understand the complex requirements of planning and project controls. Risk management has been a key part of Safran’s value-add and is a strong differentiator, and a new SaaS product was launched in early 2021 to further extend the range of the Risk portfolio.
Safran has offices in New York, London, and Oslo, with an international sales team and a network of partners and resellers.
The Silverpeak team worked as the exclusive financial advisor to Safran and its shareholders, performing detailed valuation analysis, identifying strategic investors and acquirers, and negotiating the cross-border transaction through to a successful completion with JDM Technology Group.
JDM is a global group of leading software providers for the architecture, engineering, construction, maintenance and operations industries. The deal highlights the strategic fit between JDM and Safran.
Per Arne Jensen, Chairman Safran Software Solutions: “Through the process we were very pleased with Silverpeak’s work quality and ethics with regards to materiel production, buyer universe definition, negotiations and process management.”
Pietro Strada, the Managing Partner at Silverpeak leading the process added: “It has been a pleasure to work with Richard Wood and Progressus (Per Arne Jensen and Rune Jensen). Safran Software is a world leader for risk analysis and management software, and this was recognised during the process, which led to the strategic acquisition by JDM Technology Group. The Silverpeak team led by Chris White and myself is delighted to have advised Safran in this strategic deal.”