DIAPASON, the group editor of the cash management solution Diapason, reinforces its positioning with the Middle Market Enterprises (MME) by acquiring FIDRYS, a distributor specialized on this customer segment. Thanks to this operation, DIAPASON strengthens its know-how and its capacities to address this market segment.
Paris, 06/09: DIAPASON announces today the acquisition of FIDRYS, distributor of the Diapason solution to Middle Market Enterprises. This operation allows treasurers of groups of all sizes to orchestrate their treasury with the reference solution widely adopted by large companies. The new offer covers the needs of organizations with revenues ranging from a hundred million to several tens of billions of euros. Diapason provides its clients with a 360° vision of their cash flows, brings them efficiency and reliability gains in their processes and provides them with the necessary tools for decision making.
With their know-how in accelerated deployments on a 100% SaaS solution and a corporate culture focused on customer needs, FIDRYS employees will strengthen the DIAPASON teams, whose culture and ambition they share.
Pascal Kravitzch, founder and president of DIAPASON, says: “The acquisition of FIDRYS, realized with the support of our new reference shareholder APAX Partners, is a first step that materializes our ambitious growth strategy aiming at deploying all the potentialities of our Diapason solution to an increasingly wide range of customers. This acquisition also reinforces our will to make Diapason a player in the consolidation of its market. I am also delighted to welcome the FIDRYS staff to the Diapason adventure so that together we can become the leading player in cash management for Middle Market Enterprises.
Founded in 1990, DIAPASON (previously MCC), has been involved for more than 30 years in the business of software edition for financial processes. The company has focused its activities in the Corporate Treasury market since 2009, giving birth to the Diapason solution.
DIAPASON offers a software solution answering the needs of financial departments for digitalization, allowing them to optimize their cash management, to automate and secure their payments and to pilot the risks related to their financial instruments portfolios.
Diapason is the translation of an innovative approach and of the values carried by the men and women who make up the company: rigor and intellectual reliability, curiosity and sense of service to our customers.
Deployed within multiple groups of all sizes, the solution is used by more than 10,000 finance professionals in 50 countries.