Teranga sold to Orisha

The prominent provider of software solutions for nursing homes, retirement homes, and facilities for people with disabilities joins Orisha

M & A sell side sell side 2024, December

Enterprise software

“We are thrilled to enter a new phase of our growth by joining the Orisha group. Since our inception, our goal has been to support the digital transformation of medico-social establishments by offering innovative and tailored solutions. Integrating into the Orisha Health & Safety business unit provides a unique opportunity to accelerate this mission, backed by the strength and strategic vision of a European tech leader.”

Philippe Thalamy, CEO of Teranga

Orisha, a leading European software publisher serving the healthcare, real estate, retail, construction, and agrifood sectors, has entered into exclusive negotiations to acquire Teranga, a prominent provider of software solutions for nursing homes, retirement homes, and facilities for people with disabilities. Teranga will become part of the Orisha Health & Safety business unit, further strengthening Orisha’s position in the fast-growing medico-social sector, driven by digital transformation and the evolving needs of aging populations.

Founded in 2007, Teranga is celebrated for its comprehensive software solutions encompassing admission management, billing, scheduling, team management, and resident care. Serving over 5,000 facilities across France with a team of nearly 150 employees, Teranga has established itself as a market leader. In the fiscal year 2024, the company achieved approximately €25 million in revenue, demonstrating steady and sustainable growth.

Orisha takes a major strategic leap with its sixth acquisition in 2024, driving its revenue above €300 million. Ranked by EY among the Top 10 vertical software publishers, Orisha continues to assert its role as a key innovation driver in Europe. With an ambitious goal of reaching €500 million in revenue by 2028, Orisha pursues a dual strategy of organic growth and targeted acquisitions while heavily investing in technological innovation.

Jacques Ollivier, CEO of Orisha:
“Teranga represents a strategic opportunity for Orisha to deepen our expertise in the medico-social sector and support the transition to more flexible service models tailored to user needs. Strengthening our healthcare vertical is a strategic priority for Orisha. This is a demanding and socially significant sector, making it naturally central to our vision for the future.”

Quentin Jacomet, Managing Partner at Extens:
“Since our investment in Teranga, we have supported its growth to make it a key digital player in the medico-social sector. Orisha’s acquisition is a testament to the outstanding work of Teranga’s teams and a natural step to further accelerate its development.”