Truffle Capital Unveils the Results of the 14th Truffle 100 Ranking: Software Companies Approach the Next Investment Cycle With Confidence
Summary
Dassault Systèmes, Sopra Steria and Murex take the top three spots in the ranking, accounting between them for total turnover from publishing of €5.4 billion, and reflecting a trend towards consolidation within the sector. Bernard-Louis Roques, General Manager and Co-founder of Truffle, commented on the results: Business growth demonstrates that the sector is highly resilient. This continuous focus on investment, particularly in research, and the resistance to relocation are helping French technology to flourish, translating into confidence in its ability to build future growth. From this viewpoint, the fact that ten of them have been delisted over two years reflects two things: software companies are not satisfied with the valuation the market gives them, and they know they are supported by strategic shareholders, particularly from the private equity sphere, who are ready to invest. Truffle Capital’s mission is to support the creation and development of young innovative companies capable of becoming tomorrow’s leaders.