Deal Type

  • M&A

Avolta is delighted to have acted as sole financial advisor to Dartagnan on its sale to BID Equity. The company will join a sound ecosystem including JustRelate, a leading European Digital Experience Platform provider.

Dartagnan is a leading email design software used by more than 400 prestigious customers. The company is based in Lille and Paris.

The company joins forces with an ecosystem made of 145 digital and marketing experts to scale its email design solution globally. The partnership with BID Equity and JustRelate will unlock both organic and external growth and support the company in meeting global ambitions.

BID Equity is an independent German investment advisor to funds investing in successful software companies in Europe. In July 2023, the third and largest fund advised by BID Equity has been closed with EUR 310 million.

JustRelate is a leading software provider helping its more than 250 medium and large-sized enterprise and government customers to build Digital Experience Platforms. The company consolidated its core business with the acquisition of software companies Infopark, PiSA sales and Planware since 2020 and is currently headquartered in Berlin with offices in Munich and Wrocław.

This transaction sets another M&A landmark in B2B SaaS for Avolta after having recently advised Unifai on its sale to Akeneo, MyFeelBack on its sale to PSG Equity/Skeepers, Nexylan on its sale to Your.online and the €21m series B of Opendatasoft with Salesforce Ventures, Demeter, Eiffel and Odyssée Venture.