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Europe – Synergie acquires Spain-based Tigloo

13 November 2019

French staffing firm Synergie has acquired 100% of the capital of Spain-based technology solutions firm Tigloo through its subsidiary DCS Easyware.

Financial details were not disclosed.

Founded in Pamplona in 1985, Tigloo mainly operates in Navarra and the Basque country, and has recently expanded to the Madrid region.

Tigloo expects turnover in the region of €16 million in 2019 from around 500 clients. It employs approximately 150 people with a diverse range of qualifications and expertise.

DCS Easyware is a French digital services firm based in Lyon, in which Synergie acquired a majority stake in June 2018. DCS Easyware is also present in Catalonia.

“With this acquisition, the digital solutions proposed by Tigloo for intermediate-sized companies will help to broaden DCS Easyware’s offering and bring its annual turnover to roughly €65 million.

Synergie added, “This acquisition confirms Synergie's positioning on a growth market and rounds off its traditional activities, in line with its main counterparts, by bolstering its digital services offering.”

Synergie reported third quarter revenue of €652.8 million, up 3.0% when compared to the previous year.