Apax supports the increased equity ownership of the Management of Rayonnance

Groupe Rayonnance has control of its entire mobility value chain and can provide assistance for a specific issue as well as throughout all phases of a project, from the custom design of mobile applications to the supply of hardware and associated services. The company makes its own middleware platform, Harmonie, available to customers for their mobile device management.

Its executives are increasing their equity ownership, while maintaining their close partnership with the Econocom group, which is remaining invested in the company.

With the support of Apax Partners Development, the group will pursue and accelerate its organic growth by seizing market opportunities for mobility and omnichannel solutions, while expanding its range of products and services through targeted acquisitions.

LL Berg and Eurvad acted as Advisors of the Management.

Hogan Lovells advised Apax.