Extens, the growth investor in digital health, announces that it has acquired a majority stake in Val Solutions, a pioneer software publisher in occupational health and prevention with its SaaS platform uEgar®, which has more than 660 clients and covers more than 12 million employees in France, i.e. more than 40% of the market.
Founded in 1982 and based in Lyon, Narbonne, and Paris, Val Solutions, with 140 employees and an annual growth rate of 30% over the last two financial years, is a software publisher that has been supporting Prevention and Occupational Health Services for more than 40 years with a software suite for the prevention of occupational risks. Since its launch at the end of 2020, the historical solutions have been progressively replaced by uEgar®, a connected and 100% mobile platform, offering a range of innovative functions for employees, employers, and occupational health professionals.
Extens, with its digital expertise and leadership in health and care, was the ideal partner to continue the development of Val Solutions. Val Solutions will thus benefit from strong operational support and will have additional financial resources enabling it to consolidate its position as a leader in its historical market and to complete its migration strategy toward a SaaS model.
This acquisition reflects Extens' ability to carry out complex operations with multiple stakes, as part of its investment strategy. After the acquisition of Cegape, this is the second carve-out operation carried out by the team. It is also the sixth investment of Extens' Fund III, the final closing of which took place in July 2022.