Tessi SA
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Tessi SA - overview
Established
1971
Location
Grenoble, -, France
Primary Industry
Software
About
Tessi SA delivers specialized business process services, focusing on the digital transformation of document management to enhance operational efficiency and compliance across various sectors. Founded in 1971, Tessi SA is headquartered in Grenoble, France, and specializes in business process services, particularly in the digitalization of documentary processes. The company has developed its offerings to adapt to changing market demands, positioning itself as a key player in document management solutions, without significant pivots in business strategy or ownership structure. Keith Yoder currently serves as CEO, driving the company's vision forward.
Tessi International specializes in comprehensive business process services, emphasizing the digitalization of documentary processes. Core offerings include document dematerialization, electronic archiving, and automated invoice processing, aimed at improving operational efficiency and compliance for clients in healthcare, insurance, banking, and public administration across Europe, North America, and parts of Africa. Their innovative solutions, such as DIGITAL INVOICE for electronic invoicing and the DIGIFID® Loyalty platform, illustrate their focus on addressing critical document management issues and enhancing customer engagement. In the most recent fiscal year of 2023, Tessi International reported a revenue of USD 25.
87 mn and an EBITDA of USD 158,029. Revenue generation primarily stems from B2B relationships underpinned by fixed-term contracts and subscription-based services, focusing on digitalization and compliance solutions for diverse clients.
Primary Industry
Software
Sub Industries
BPO Services, Sales & Marketing Software, Accounting/Finance Software
Website
www.tessi.fr
Verticals
FinTech
Total Amount Raised
Subscriber access only
Tessi SA - timeline of key events
Tessi SA - financials
| Fiscal Year Ended | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 404,014,000 | 426,594,000 | 22,188,000 | 451,980,000 | 17,477,000 | 19,909,000 | - | - | - |
| % Revenue Growth (YoY) | - | 5.6% | (94.8%) | 1937.0% | (96.1%) | 13.9% | - | - | - |
| EBITDA (USD) | 58,453,000 | 62,997,000 | 22,627,000 | 81,884,000 | 1,447,000 | 21,000 | - | - | - |
| Operating Income (USD) | 46,924,000 | 50,711,000 | 20,765,000 | 58,343,000 | 425,000 | (1,105,000) | - | - | - |
| Operating Margin | 11.6% | 11.9% | 93.6% | 12.9% | 2.4% | (5.6%) | - | - | - |
| % EBITDA Margin | 14.5% | 14.8% | 102.0% | 18.1% | 8.3% | 0.1% | - | - | - |
| NET Income (USD) | 31,809,000 | 33,266,000 | 132,843,000 | 35,301,000 | (39,956,000) | 23,926,000 | - | - | - |
| % Net Margin | 7.9% | 7.8% | 598.7% | 7.8% | (228.6%) | 120.2% | - | - | - |
Tessi SA - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Completed | Owliance SAS | - |
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Tessi SA - employee data
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