Orisha Announces Exclusive Negotiations for the Acquisition of Teranga
Orisha, a leading European software publisher serving the healthcare, real estate, retail, construction, and agrifood sectors, has entered into exclusive negotiations to acquire Teranga, a prominent provider of software solutions for nursing homes, retirement homes, and facilities for people with disabilities. Teranga will become part of the Orisha Health & Safety business unit, further strengthening Orisha's position in the fast-growing medico-social sector, driven by digital transformation and the evolving needs of aging populations.
2024: A Landmark Year for Orisha
Orisha takes a major strategic leap with its sixth acquisition in 2024, driving its revenue above €300 million. Ranked by EY among the Top 10 vertical software publishers, Orisha continues to assert its role as a key innovation driver in Europe. With an ambitious goal of reaching €500 million in revenue by 2028, Orisha pursues a dual strategy of organic growth and targeted acquisitions while heavily investing in technological innovation.
Teranga: A Leader in Medico-Social Innovation
Founded in 2007, Teranga is celebrated for its comprehensive software solutions encompassing admission management, billing, scheduling, team management, and resident care. Serving over 5,000 facilities across France with a team of nearly 150 employees, Teranga has established itself as a market leader. In the fiscal year 2024, the company achieved approximately €25 million in revenue, demonstrating steady and sustainable growth.
Jacques Ollivier, CEO of Orisha:
"Teranga represents a strategic opportunity for Orisha to deepen our expertise in the medico-social sector and support the transition to more flexible service models tailored to user needs. Strengthening our healthcare vertical is a strategic priority for Orisha. This is a demanding and socially significant sector, making it naturally central to our vision for the future."
Philippe Thalamy, CEO of Teranga:
"We are thrilled to enter a new phase of our growth by joining the Orisha group. Since our inception, our goal has been to support the digital transformation of medico-social establishments by offering innovative and tailored solutions. Integrating into the Orisha Health & Safety business unit provides a unique opportunity to accelerate this mission, backed by the strength and strategic vision of a European tech leader."
Quentin Jacomet, Managing Partner at Extens:
"Since our investment in Teranga, we have supported its growth to make it a key digital player in the medico-social sector. Orisha's acquisition is a testament to the outstanding work of Teranga's teams and a natural step to further accelerate its development."
The acquisition is expected to be finalized by the end of the year, pending customary closing conditions.
