RIB SOFTWARE (Tender to the offer, FV EUR29) | End of coverage
RIB SOFTWARE (Tender to the offer, FV EUR29) | End of coverage• Following the closing of the acquisition of RIB Software by Schneider Electric, the latter now owns more than 87% of the company, and has options to acquire the c. 8% stake still owned by management at a later date. Free float is now only c. 4%.
• As a result, from 21 July 2020, we will no longer include RIB SOFTWARE in our research universe.
RIB Software designs, develops and sells software solutions for the construction industry and provides software maintenance, consulting and support services for its customers. Co. operates in three segments: Licence/Software, which focuses on the sale of software solutions for installation on the customer's hardware as well as on maintenance and support services for customers; Software, which as a service/cloud comprises Co.'s solution provided in the domain of online platforms for tendering and processes, project collaboration, and web services; and Professional Services, which comprises consulting and support services for supporting customers in the implementation of software.
Since 1996, Bryan, Garnier & Co has been growing with an absolute conviction that the investment banking landscape would experience a major revolution: most of the large local generalist banking groups will disappear to the benefit of a handful of global powerhouses, and an emerging group of independent, highly specialised boutique investment banks.
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