…With a comprehensive range of products, Salvia covers the entire lifecycle of real estate property. The long track record and expertise of its teams allow Salvia to serve all types of customers – private real estate developers, asset managers, local authorities as well as social landlords.
Argos invested in Salvia in a carve-out from the Sage Group in 2013 (alongside I’’Car), in partnership with Salvia’s management team led by Françoise Farag. We have been supporting Salvia’s organic and external growth since then. Strong focus has been put on innovation, extension of the product range, quality and customer support. As is often the case when we invest, investment in R&D increased significantly right after the acquisition – a small initial toll on EBITDA, for a great impact on sales in later years.
To further complete its offering, Salvia acquired SRCI in 2016, a specialist in software for digitalization of flows and processes, and in 2018 Alteva, a computerized maintenance management software provider.
The group now employs 160 people across six offices in France and serves more than 10,000 users.