ADVANT Altana advises Cegid on the acquisition of KMB Labs

ADVANT Altana has advised Cegid, the European leader in cloud management solutions, on the acquisition of KMB Labs, a French HR tech start-up.

This acquisition will enable Cegid to complete its portfolio of useful and innovative solutions for the HR market. KMB Labs’ solutions will be integrated into the Cegid Digitalrecruiters recruitment platform, for which they are particularly well suited, optimising recruitment through conversational technologies based on generative AI.

Founded in 2017, KMB Labs offers innovative software solutions based on generative artificial intelligence and natural language processing (NLP) technology, serving HR departments to improve the candidate experience and streamline and fluidify their recruitment processes. The HR tech start-up now has around fifty prestigious customers, including Bouygues Construction, Accor, Carrefour and SNCF.

ADVANT Altana advised Cegid on the corporate M&A aspects with a team comprising Bruno Nogueiro (partner), Arthur Boutemy (counsel) and Théodore Sabot (associate).
ADVANT Altana also advised Cegid on the legal audit with a multidisciplinary team comprising Mickaël d’Allende (partner) and Anissa Alix Froz (associate) on labour law; Philippe de Saint-Bauzel (partner) and Marie Darcq (associate) on tax law; Jean-Guy de Ruffray (partner) and Clémence Aladjidi (associate) on IP/IT; Marie Hindré (partner) and Delphine Laget (associate) on contracts/distribution.

Legal advice to sellers: Fidal with a team including Yann Girondin (partner) and Léa Lemaire (associate).