Cegid : finalizes the acquisition of JDS Solutions Corporation and strengthens its presence in North America (California)

Cegid has today finalized the acquisition of 100% of the shares of JDS Solutions Corporation ( www.jdssc.com ) , a provider and distributor of enterprise solutions for specialized retailers. View Partners Capital LLC acted as the exclusive financial advisor to JDS Solutions in its sale to Cegid Corporation.

With this transaction, Cegid has strengthened its position as a major software provider for specialized retailing companies worldwide. This transaction, which presents numerous strategic and operational synergies both for Cegid and JDS Solutions, will enable Cegid to expand its footprint in the United States with a new presence in California and more than 40 employees working for Retail customers. JDS Solutions will be consolidated with Cegid from June 1, 2015.

This English translation is for the convenience of English-speaking readers. However, only the French text has legal value. Consequently, the translation may not be relied upon to sustain any legal claim, nor should it be used as the basis of any legal opinion. Cegid Group expressly disclaims all liability for any inaccuracy herein.

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