SYDEV has acquired BS2I, expanding its software offerings in the construction sector and reinforcing its commitment to digital transformation.

Target Information

SYDEV, a leading provider of software solutions for the building and technical sectors, has expanded its portfolio through the acquisition of BS2I, the publisher of the TARIFEO solution. Founded in 1998 by Eric Veronese in Grenoble, SYDEV has established itself as a vital player in the digitalization of the construction industry, projecting a consolidated revenue of €10 million by 2025. With a workforce of nearly 70 employees, SYDEV develops SaaS solutions that enable companies to manage quotes, track projects, and optimize purchasing processes.

The acquisition of BS2I, founded in 2000 by Philippe Braun, allows SYDEV to strengthen its offerings and enhance its position among small and medium-sized enterprises (SMEs). The inclusion of TARIFEO complements SYDEV’s existing product portfolio, which includes TAMZAG, designed primarily for large clients. Moreover, BS2I's established networks with software publishers and integrators present a strategic opportunity for SYDEV to broaden its market visibility and distribute its solutions through enhanced channels.

Industry Overview

The construction and technical industries are currently facing significant challenges, particularly due to a slowdown in new construction projects. Companies must optimize costs and improve produ