Orisha

Gaïana joins the Orisha Group

by Gaïana Group May 16, 2024
We are pleased to confirm the acquisition of Gaïana and its subsidiaries by the Orisha group. The Share Purchase Agreement (SPA) was signed on May 15, 2024, with a closing planned by the end of June.

Founded in 2003, Orisha is one of the main European publishers of vertical software dedicated to businesses, and is organized around 5 Business Units associated with the following sectors: Retail Chains, Retail Shops, Real Estate, Health and Construction.

The operation is strategic for Orisha, Gaïana will become the 6th Business Unit of the group, specialized in the AgriFood sector, with the desire to continue its development in France and in Europe, in the Wine & Spirit, horticulture, agriculture and agri-food, in our current market segments but also in new adjacent ones.

Gaiana offers solutions covering all business needs in the Agrifood sector: from crop and production monitoring, to management tools (ERP, CRM) including regulatory solutions (stock accounting, customs declaration) and traceability (input monitoring, ESG reporting, etc.).

The group has consolidated its position as leader in business software provider in the wine and spirits sector, in particular by expanding into Spain with the acquisition of Tipsa, and has diversified its activity towards the agricultural sector, in France and in Spain with the acquisitions of Asape then Ayanet TIC.

Since the entry of Meanings Capital, Gaïana has seen its turnover more than double in less than 5 years, going from €15 million to nearly €40 million, thanks to sustained organic growth and an ambitious external growth strategy. with seven acquisitions including three abroad.

Christophe Morizot (President), Didier Neyrat (General Manager) and Baptiste Massé (Finance and M&A Director) express their enthusiasm for this new stage and thank the Meanings teams for their support throughout the last five years.

Didier Neyrat takes up the role of CEO of Gaïana and is delighted with this strategic merger alongside Orisha, which will position Gaïana as the European leader in Agrifood.

About Orisha

Founded in 2003, Orisha is an international software publisher mainly dedicated to retail, real estate, health and construction companies. Since its creation, Orisha has guided companies towards success by offering them solutions specific to their profession and essential to their activity (collection, commercial and financial management, stock management, CRM, HR, E-Commerce, etc.). Every day, solutions designed by Orisha enable millions of interactions and transactions in an increasingly interconnected world. This anchoring allows the group to shed unique light on the societal and technological transformations of our time. Since 2021, Orisha has been supported by TA Associates, an American investment fund and a leading private equity player, particularly active in the tech sector. In 2023, Orisha will achieve a turnover of more than 200 million euros. The group has nearly 1,500 employees and supports more than 100,000 customers in more than 100 different countries.

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