Turnover: 100 million EUR (2022)

Country: France

  • Company specializing in cybersecurity
  • 500 employees
  • The Qualium fund acquired a stake in the company


Artificial intelligence: Systran returns to France 11/01/2024

  • Systran was under Korean control for ten years.
  • The French group ChapsVision took over Systran, which is a service provider for the French Ministry of the Armed Forces, various foreign governments and several US intelligence agencies.
  • ChapsVision won the Systran takeover against Britain's XTM and Hungary's memoQ.
  • Systran was taken over by France's WTC in 1985, but was sold in 2014 to Korea's CSLI for 37 million euros.
  • In 2020, translation software expert Systran was taken over by Korean investment companies STIC, KIP and a Korean branch of SoftBank.
  • Systran's sales increased from 16 to 20 million euros between 2021 and 2022.
  • 40% of Systran's sales come from governments, including France, US intelligence agencies and countries such as the United Arab Emirates and Singapore.
  • Systran generates 70% of its revenues internationally.
  • Systran is actively used by the private sector, including banks.
  • ChapsVision has made its eighteenth acquisition in four years with Systran.
  • ChapsVision is making progress on the OTDH project for DGSI data processing.
  • ChapsVision has been selected by the DGSI after two phases of examination.

Risk & Co cyber acquired by Chapvision 21/10/2023

  • ChapsVision, like Orange, aims to become a major player in cybersecurity services and software, similar to the American company Palantir.
  • ChapsVision has made 17 acquisitions since its creation in 2019.
  • ChapsVision aims to achieve sales of €180 million by the end of the year.
  • Since January, ChapsVision has completed four acquisitions, including Owlint, Acic, Geotrend and Qwam.
  • To win the Risk & Co acquisition, ChapsVision teamed up with the Ingérop group and offered around €2 million for the Risk & Co business unit, which generates around €15 million in sales.
  • ChapsVision has taken over just under sixty Risk & Co employees

ChapsVision aims to become a European leader in intelligence and an alternative to Palantir 21/10/2023

  • ChapsVision raised €90 million at the end of September.
  • ChapsVision has acquired around fifteen companies since its creation in 2019.
  • ChapsVision has 600 customers in France. and has offices in several French cities including Paris, Lille, Nancy, Strasbourg, Bordeaux, Toulouse, Aix-en-Provence and Montpellier, and its headquarters are in Suresnes.
  • ChapsVision's initial target was to reach sales of 250 million euros by 2024.
  • ChapsVision expects to reach sales of 180 million euros by the end of 2023.

ChapsVision, the "French Palantir", raises 90 million euros 03/10/2023

  • ChapsVision recently completed a €90 million round of financing.
  • The fund-raising was led by Qualium Investissement, with the participation of Geneo, Tikehau Capital and Bpifrance.
  • In 2022, the company had already raised 100 million euros.
  • ChapsVision was founded in 2019 by Olivier Dellenbach.
  • The company has made fifteen acquisitions since its inception.
  • ChapsVision currently has around 600 employees.
  • The company works on behalf of 500 customers, 60% of whom are represented by the public sector (Ministry of the Armed Forces, Ministry of Justice, etc.).
  • The company is forecasting sales of 110 million euros for 2023, with an Ebitda of 20%.
  • The company's objective is to reach sales of 250 million euros by the end of 2024.
  • ChapsVision is in the running for the DGSI's "OTDH" (Heterogeneous Data Processing Tool) project.
  • Competition for the OTDH project comes from the Athea alliance between Atos and Thales.

Chapsvision, Europe's crack in cybersecurity 05/04/2023

  • Chapsvision foundation: 2019
  • - Chapsvision selected for the first phase of the OTDH (Outil de traitement des données hétérogènes) project, the mass data analysis platform of the Direction générale de la sécurité intérieure (DGSI).
  • - For the second phase, it will be up against Athea, the joint venture between Atos and Thales, and Lyon-based Blueway.
  • - Acquisition of a dozen French nuggets by Chapsvision (Deveryware, Ockham, Bertin IT, Vecsys, Coheris)
  • - Sales forecast for 2023: between 160 and 180 million euros
  • - Fundraising in 2022: 130 million euros - Ebitda in 2022: 15%.

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