Paris, November 9th, 2023. The strategy consulting firm Neovian Partners has supported Naxicap Partners by carrying out the buy-side Strategic Due Diligence on Solutys Group, integrator of traceability solutions and of professional mobility solutions.

Founded in 2002, Solutys group is leading French provider and integrator of barcode and RFID technologies answering needs of a diverse set of clients ranging from SMEs to international groups in key sectors such as Transport and Logistics, Retail, and Industry.

With more than 20 years of expertise and a leading position as one the main French partners and integrators of technologies from leaders such as Honeywell, Zebra and Datalogic, the group plays and will continue to play a central role in the fast-moving dynamics of the identification, traceability, and professional mobility fields.

Neovian Partners conducted a strategic review of the company and its markets, by quantifying and forecasting the need for these solutions per client sector and client type, analysing Solutys’ positioning within the competitive environment, evaluating the power relationships with key technology providers, and identifying Solutys’ growth potential and the main development opportunities for both organic and external growth in France and in Europe.

Neovian Partners has also provided Naxicap Partners and Solutys’ management with a preliminary screening of potential targets in key geographies such as Italy and Spain.

Neovian Partners’ team was led by Patrick Richer, Founding Partner and Théo Petitjean, Manager

“Solutys Group is one of the European players generating the highest sales volumes for its manufacturing partners Zebra and Honeywell, which dominate and drive the market. Moreover, it holds a rare position as one of the only true integration specialists making it one of the few players able to offer a comprehensive range of both hardware and software components. This makes Solutys the best-positioned player to address the ETI and SME segments, all the more so as the group leverages a dense network of local offices, guaranteeing a high level of quality and proximity in its service offering.”

Patrick Richer, Partner, Neovian Partners