TeamSystem, a leading technology and AI company providing business management platforms, has acquired Sellsy, a prominent French firm offering all-in-one CRM and financial management system software solutions for small and medium-sized enterprises (SMEs). This acquisition strengthens TeamSystem’s presence in France, following its earlier acquisition of Clémentine this year, and enhances its positioning in the Iberian market, marking a significant step in its international growth strategy.
Founded in 2009 and headquartered in La Rochelle, Sellsy specializes in Lead-to-Cash solutions for French SMEs. Its platform integrates CRM, e-invoicing, pre-accounting, cash flow management, and marketing automation within a single cloud environment, incorporating advanced AI functionalities. Sellsy is also an officially registered platform under review by the French tax administration, recognized for its role in supporting thousands of SMEs with the mandatory e-invoicing reform set to begin in 2026. The company currently serves over 23,000 clients and employs more than 180 people, including 78 dedicated to product development and R&D. Sellsy also operates in the Spanish market through subsidiaries such as Quipu.
Integrating Sellsy will allow TeamSystem to enhance its Lead-to-Cash offerings, an area central to the digitalization of SMEs. This transaction underscores TeamSystem’s commitment to expanding its presence across key markets in Europe and the Mediterranean, aiming to solidify its role as a technology leader for the digital transformation of businesses and professionals. Sellsy’s solutions, designed for micro and small businesses, align with TeamSystem’s vision of providing comprehensive platforms that simplify business processes and accelerate growth through intelligent, accessible services.
TeamSystem clients will gain access to new generation AI-powered Business Intelligence (BI) tools, facilitating more informed decision-making through integrated data, smart dashboards, and automated insights, thereby enhancing business competitiveness.
Federico Leproux, CEO of TeamSystem, commented on the acquisition, stating, “Welcoming Sellsy into our group represents another step forward in our international growth journey, which we have been pursuing with determination for some time. Its technologically advanced solutions, natively equipped with AI functionalities, are aligned with our vision: to offer intelligent, comprehensive digital platforms that go beyond software, designed to provide concrete support to micro and small businesses.” He added, “This acquisition confirms our commitment to building a strong and connected European ecosystem, capable of supporting professionals and businesses in their digital transformation, simplifying daily operations, and generating new value.”
Victor Douek, CEO of Sellsy, also remarked, “With PSG’s support, we believe Sellsy has embarked on a truly transformative journey, combining strong organic growth with targeted M&A to become a leading provider of business management solutions for SMEs in France and Spain. Today, we are excited to continue this journey within the TeamSystem ecosystem, as we aim to pursue our shared ambition of building the leading European platform for SME management software.”
PSG Equity, a growth equity firm, exits its investment in Sellsy through its PSG Europe I Fund. Sellsy’s current management team will continue to lead the business within the TeamSystem group, which has been backed by Hellman & Friedman since 2016. Christian Stein, Managing Director at PSG Equity, and Alexandre Berenga, Director at PSG Equity, expressed their confidence in Sellsy’s continued success within the TeamSystem group, highlighting the vision of Victor Douek and his team in developing a robust lead-to-cash platform.
TeamSystem was advised by Mediobanca as Corporate Finance Advisor, EY for Finance, Tax and HR matters, and Herbert Smith Freehills Kramer on Legal aspects. Sellsy received support from Houlihan Lokey as Sell-Side Advisor, Alvarez & Marsal on financial matters, and Weil and Orrick on legal aspects. The financial terms of the transaction were not disclosed and are subject to regulatory approvals.
