Communiqué M&A | 19/12/25 | 3 min. | Etienne Mathey David Neuwirth Elina Alfarmini Virginie Devos Boris Léone-Robin Alexandra Berg-Moussa Thibaut Amourette Charlotte Chen Florence Chafiol Alexandra Antalis Pierre Pérot Inès Bouzayen Jennifer Hinge Pauline Desplas Olivier Attias Laura Bol
August Debouzy advised SPIE, the independent European leader in multi-technical services in the areas of energy infrastructure and communications, as well as its French digital services subsidiary SPIE ICS, in connection with the signing of an agreement for the contemplated acquisition of 93% of the share capital of Artemys, a French expert in digital transformation.
Founded in 1989 and based in Paris, Artemys brings together several entities specialized in the design, management and transformation of information systems for large clients, notably in the financial services, energy and luxury sectors. The group has around 420 employees, across 7 offices in France and Belgium, and generated approximately €82 million in revenue in 2024.
SPIE is the independent European leader in multi-technical services in the fields of energy and communications. Its 55,000 employees are committed to decarbonising the economy, supporting the energy transition and contributing to a responsible digital transformation. In 2024, the SPIE Group generated consolidated revenue of €9.9 billion and consolidated EBITA of €712 million.
Through this contemplated acquisition, SPIE would strengthen its expertise in strategic areas such as cloud, big data and cybersecurity, serving large accounts and mid-sized companies (ETIs) in France.
The transaction is expected to be finalized by early 2026, subject to approval by the competition authorities.
The August Debouzy team advising SPIE ICS was led by Étienne Mathey (partner) and included David Neuwirth (senior associate), Elina Alfarmini (associate) and Hortense Coulon (jurist) on the transactional and corporate aspects of the deal; Virginie Devos (partner), Boris Léone-Robin (counsel) and Joël Fernandez (associate) on employment law; Alexandra Berg-Moussa (partner), Thibaut Amourette (senior associate) and Charlotte Chen (senior associate) on contractual and IT matters; Florence Chafiol (partner) and Alexandra Antalis (associate) on data protection; Pierre Perrot (counsel) and Inès Bouzayen (senior associate) on intellectual property; Jennifer Hinge (partner) and Pauline Desplas (senior associate) on financing matters; and Olivier Attias (partner), Laura Bol (senior associate) and Sophie Peter (associate) on compliance.
8Advisory advised SPIE ICS on the financial and tax aspects of the transaction.
Andera Partners was advised by Paul Hastings, with Charles Cardon (partner) and Moussa Mbodji (associate).
The founders of Artemys were advised by Squire Patton Boggs on the corporate/M&A aspects (Arnaud Lafarge, partner; Kévin Cosmao, senior associate; Elise Crouzil), and by Lamy Lexel on tax matters.