The Intescia Group and the Explore Group are joining forces to create Europe's first AI-based B2B business intelligence and e-procurement platform.
The consolidated company will offer a unique range of solutions for tender management, thereby solidifying its leadership position in France and strengthening its presence in the Benelux countries, Italy, and Spain.
Intescia, a leader in public tender management solutions, announced today the acquisition of the Explore Group, the leading provider of information on tenders and private-sector projects. Following the acquisition of Italian market leader Telemat earlier this year, Intescia is consolidating its position with a unique portfolio covering construction, real estate, business services, healthcare, the energy transition, and retail, serving more than 20,000 clients and 100,000 users across Europe. In the short term, this consolidated company will generate 60 million in revenue and employ nearly 600 people.
We are delighted that the Explore Group is joining Intescia on this exciting journey. Through this acquisition, our clients gain the most comprehensive access to the business intelligence they need to grow their business in a challenging environment. Our AI-powered systems help them identify relevant opportunities and understand how to win them—a game-changing capability when it comes to complex bids.
Yannick Dupuch
CEO of Intescia
“By joining forces with Intescia, our customers now benefit from a comprehensive range of data-driven sales prospecting solutions. The partnership with Intescia is fully in line with our vision for Explore.”
Laurent Nicouleau & Philippe Raison
founders of Explore
We are thrilled to be building Europe’s largest data platform for business intelligence on public tenders to accelerate the development of proprietary AI models—a decisive competitive advantage. The combined group will have a stronger financial profile and greater investment capacity:
- A portfolio of strong brands with excellent reputations in their respective industries: DoubleTrade, Spigao, Explore, Wanao, Sendao, Corporama, Scores & Decisions, Codata
- An extensive international footprint with a presence in the Benelux countries, Italy, Spain, Morocco, and Tunisia
- An expanded R&D team that combines data science and AI/ML expertise to drive innovation in products and data processing.
Intescia is a portfolio company of Five Arrows, while the Explore Group was backed by Activa Capital. Following the acquisition of the Italian company Telemat, Explore is Intescia’s second strategic acquisition and comes on the heels of investments by Five Arrows.
ABOUT INTESCIA
Intescia is a leading European provider of business development, real estate and regional market intelligence, and public tender management. With over 20 years of expertise in collecting, processing, and enriching unstructured data across all industries and geographic regions, the group is a comprehensive partner in business intelligence for B2B and B2G organizations. Intescia operates in France, Italy, Spain, Tunisia, and Mauritius. www.intescia.com
ABOUT THE EXPLORE GROUP
The Explore Group is a major player in B2B data intelligence with undisputed expertise in the real estate and construction sectors. Drawing on 25 years of expertise, the Explore Group comprises several brands, including Explore, the French leader in construction project monitoring; Wanao, for the management of public tenders; Sendao, for fully outsourced tender submission; and Codata, the leader in retail data. The Explore Group operates in France, Belgium, and Morocco. www.explore.fr
ABOUT FIVE ARROWS
Five Arrows is the Rothschild & Co subsidiary specializing in alternative assets. It manages 23 billion euros in assets and has offices in Paris, London, New York, Los Angeles, San Francisco, and Luxembourg. With more than 9 billion euros in assets under management, Five Arrows’ private equity business focuses on supporting companies with highly defensible market positions, strong management teams, and business models that offer high visibility into organic growth in unit volumeunits, and whose various operational levers can be used to unlock latent value. The preferred sectors are data and software, technology-based business services, and healthcare. www.rothschildandco.com/en/merchant-banking/corporate-private-equity/
ABOUT ACTIVA CAPITAL
Activa Capital is an independent, partner-owned private equity firm characterized by a proactive build-up strategy. It currently manages more than 300 million euros on behalf of institutional investors by investing in French small and medium-sized enterprises (SMEs) and mid-market companies with strong growth potential and an enterprise value ranging from 20 to 100 million euros. Activa Capital supports these companies to accelerate their growth and expand their international presence. activacapital.com.”
