Harris Williams, a global investment bank specializing in M&A advisory services, advised Prima Solutions on its sale to Total Specific Solutions (TSS), a subsidiary of Topicus.com and part of Constellation Software. Prima Solutions is a European insurtech company that helps insurance professionals transform existing legacy systems and streamline core business processes, thereby speeding up digital transformation. The transaction was led by Julien Oussadon and Luke Clifford of the Harris Williams Technology Group.
“Prima Solutions’ leadership position in France, blue-chip customer base, strong recurring revenue growth and cloud-based solutions were key to attracting interest from a variety of strategic partners. We’re excited to see Prima Solutions’ growth continue into the next phase as part of TSS,” Julien Oussadon, a managing director at Harris Williams, said.
“Harris Williams provided exceptional advice and support at every stage of the transaction and has been pivotal to its success,” Hugues Delannoy, founder and president of Prima Solutions, said. “I am very excited for the future of Prima Solutions as we partner with TSS and continue our mission to digitally transform the French insurance industry.”