Crédit Agricole Private Equity and Edith Letournel Acquisition Of e-Frontech

Crédit Agricole Private Equity has joined forces with Edith Letournel, who is acquiring e-Frontech, an IT consulting and Services Company specialised in integrating Oracle’s Customer Relationship Management (CRM) & Business Intelligence (BI) applications.

The existing management team is also participating in the deal, with Pascal Lepicard, e-Frontech’s founder, ensuring that the change in ownership of the business takes place smoothly.

Founded by Pascal Lepicard in 2000 and based in Paris, the business supports its clients over the long term by offering them a full range of expertise, consulting, functional assistance and integration services covering the entire life cycle of their Oracle CRM and BI applications.A longstanding Oracle partner, e-Frontech has achieved Platinum Partner status.

This accreditation puts it among the leading players in integration services and expertise related to Oracle applications. The company, which has grown steadily for 11 years, employs close to 60 consultants and generated 2011revenues of €6.8 million.Its objective is to reinforce its leading position in the market for integrating the software solutions sold by Oracle. In particular, it aims to broaden its range of services to include other solutions from Oracle’s range and step up its sales and marketing drive targeting businesses, public-sector organisations and local authorities.

DIKAIOS is a Law Firm specialized in small cap LBO and Mergers & Acquisitions for small companies, who assisted Edith LETOURNEL all along her acquisition process for two years. The team was led by  founder Marielle POISSON, Partner Lawyer, she has thirty years’ experience in Acquisitions in Europe.