Groupe JVS

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Groupe JVS - overview

Established

1983

Location

-, Châlons-en-Champagne cedex, France

Primary Industry

Software

About

Groupe JVS is a French company specializing in tailored software solutions for public sector entities, enhancing the relationship between local governments and citizens while streamlining administrative tasks. Founded in 1983, Groupe JVS operates in France, focusing on software solutions for public sector entities. The company has not undergone significant pivots in its business strategy. The current CEO is Jimmy Smith, who has a history that includes founding other companies.


Groupe JVS was supported in a management buyout in April 2020 by Bpifrance and Parquest Capital. The firm has successfully completed three deals as of 2020. Groupe JVS specializes in providing tailored software solutions designed specifically for public sector entities. Their core product offerings include a suite of applications that enhance the relationship between local governments and their citizens, streamline the management of various administrative tasks, and support the digital transformation of public services.


Among their flagship products, Mairistem facilitates citizen engagement, while Citopia serves over 13,000 local authorities in France with its mobile application. PanneauPocket aids in the management of childhood services, cadastres, cemeteries, and tourist tax administration, and Sistec focuses on simplifying operations for smaller municipalities with populations under 2,500. These solutions are distributed across France, addressing the unique needs of communities and enhancing operational efficiency for public officials. In the year 2019, Groupe JVS reported a revenue of EUR 36.


96 mn, predominantly derived from subscription-based transactions with local governments for access to their software solutions. Clients engage in annual contracts that ensure ongoing access to software updates, customer support, and additional features. This revenue model reflects the demand for effective digital solutions in the public sector, particularly through their flagship products, Mairistem and Citopia, which are integral to their revenue stream. Groupe JVS plans to expand its product offerings and enter new markets.


Specific upcoming products are in the design phase, with plans for launch in the near future. The company targets expansion into additional regions within France and potentially international markets by 2022. Recent funding from the management buyout will be utilized to support these initiatives, enhancing product development and market outreach.


Current Investors

Parquest Capital, Bpifrance

Primary Industry

Software

Sub Industries

IT Infrastructure, Content Management Software

Website

www.groupe-jvs.fr

Verticals

Cloud Computing

Company Stage

Mature

Total Amount Raised

Subscriber access only

Groupe JVS - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Secondary BuyoutCompletedGroupe JVS-
Trade SaleCompletedJVS-Mairistem SAS-
Add-onCompletedSistec-
Add-onCompletedStart Informatique-
Secondary BuyoutCompletedGroupe JVS-

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