KeysFinance’s NSI Acquires Label, Creating a Leading IT Powerhouse in Côte d’Ivoire

Jean-Michel Ette, KeysFinance Partners Managing Director

Abidjan-based KeysFinance Partners has made a significant move in the technology sector by acquiring a 100% stake in Label, a company specializing in the integration of Sage solutions within Côte d’Ivoire. This acquisition was executed through its investment vehicle, Nouvelle Société Impact (NSI).

Following the acquisition, Label will be merged with Impact, another prominent company within the NSI portfolio. Impact is recognized as a leading entity in IT engineering and consulting, not only in Côte d’Ivoire but also across the broader West African region. This strategic merger is set to substantially enhance the scale of the consolidated group, effectively doubling its size and capabilities.

The newly formed entity will be under the leadership of Mohamed Diabi, who currently serves as the managing director of Impact. Diabi is expected to continue steering the group’s growth strategy, leveraging his expertise to drive innovation and expansion in the market.

“This acquisition marks a pivotal moment in our journey to establish a regional champion in business management solutions,” Diabi stated. He emphasized the importance of this move in facilitating the digital transformation of clients, thereby enhancing their operational efficiency and competitiveness.

Jean-Michel Ette, the managing director of KeysFinance Partners, also commented on the acquisition, stating, “By merging Label with Impact, we are reinforcing our investment strategy focused on high-potential technology SMEs. This consolidation aims to create even greater value for our investors and stakeholders.”

Overall, this acquisition and subsequent merger are poised to create a formidable player in the technology landscape of Côte d’Ivoire, enhancing service offerings and driving growth in the region’s digital economy.

Source: Innovation Village