A1 closed the deal on sale of the share in Systematica GC
In December 2012 A1 Investment Company closed the deal on sale of its share in Systematica Group of Companies (GC), one of the leading providers of IT-services in Russia. The share was purchased by the current shareholders of the Group.
“By the time A1 became a shareholder of the company in 2008, Systematica already was one of the leaders of the Russian IT market. We are satisfied with the investment and the financial result, as well as cooperation with the top management of the company and its shareholders. We highly appreciate the experience of investment in IT industry that we gained owing to work with Systematica”, said Mikhail Khabarov, А1 President.
“Participation of such experienced investor as A1 in the business of Systematica GC made a significant contribution to the development of corporate management, regulation of business processes, operation of the Board of Directors. Owing to this partnership Systematica GC was able to significantly strengthen its positions of a leader of the system integration segment during the difficult period of recovery of markets after the global financial turmoil of the last years”, commented Alexander Kalinin, President of NCC (National Computer Corporation), Chairman of the Board of Directors of Systematica Group.
In 2011 with participation of A1 Systematica GC concluded several successful deals on merger and acquisition, in particular Sciener company, one of the key SAP integrators in the energy industry of Russia, was purchased, which provided the opportunity to the Group to increase significantly the portfolio of consulting services and strengthen its positions in this promising market segment. Besides, implementation of the corporate management system corresponding to international standards was completed in Systematica, a complex business strategy and capitalization increase strategy have been worked out and are being implemented.
Initially A1 became a shareholder of Systematica in 2008, having received a blocking 20% stake, the amount of which was subsequently increased. Withdrawal of A1 from the project was conditioned by the completion of the investment cycle.
Systematica Group is one of the leading Russian IT companies providing a wide range of services in the sphere of information technologies. The group was established in 2007 and includes Systematica LLC (www.systematic.ru), TopS Business Integrator LLC (www.topsbi.ru), AND Project LLC (www.andproject.ru), Research and Development Center Landata CJSC (www.landata.ru), Ensys Technologies LLC (www.ensyst.ru), Sciener LLC (www.sciener.ru). The total number of employees of the Group of Companies exceeds 1,300.