
Devoteam is a leading pan-European player in technology consulting services focused on digital strategy, platform technologies, cybersecurity and business transformation.
Devoteam's revenue exceeds € 1 billion thanks to 8,500+ employees in 18 countries.
For the record, Devoteam, previously listed on Euronext, became private in 2020 following the successful tender offer led by KKR.
Customer
The group's management team undertook a portfolio review which led to open question marks on certain non-core assets located outside of Europe.
The main challenges pertaining to these assets consisted of:
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Evaluating strategic options, including M&A,
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Assessing business growth potential in adjacent markets,
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Facing a major change in local regulation.
Challenges
Odyssey provided Devoteam with smart support on cross-border M&A transactions through the delivery of end-to-end services, from strategic design to seamless execution.
We also pinpointed major strategic and operational issues during our assignment. Our team documented its findings, informed top management and proposed a result-driven mitigation plan that was adopted by group CFO on a specific business scope.
Achievements