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Deeptech 2014

eNovance: acquired by Red Hat

Exclusive advisor to the sellers

Date
2014
Sector
Deeptech
Business
Open-source cloud orchestration
Transaction
Acquired by Red Hat
Apparius’s role
Exclusive advisor to the sellers

A specialist in open-source cloud orchestration and a recognised player in the OpenStack community, eNovance was sold to Red Hat for around €70M, following a dual-track process run by Apparius.

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Other transactions with eNovance

Deeptech

Open-source cloud orchestration

€6M financing from

Odyssée Venture, Entrepreneur Venture, BNP Paribas, Oséo

Exclusive advisor to the company
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