Created in 2015, Livejourney offers companies process mining solutions to detect anomalies and increase productivity by resolving them. Advised by Walter Billet Avocats, its founders – Simon Pioche and François Arnaud – and all the shareholders of the start-up (Evolem, Newfund and Holnest) sell their shares to QAD Inc.
Backed since late 2021 by investment fund Thoma Bravo, QAD Inc., a leading provider of next-generation cloud-based manufacturing and supply chain solutions, completes a build-up by acquiring Livejourney, an innovative provider of a real-time, predictive workflow solution (process mining and process monitoring) designed to discover, monitor and improve business processes.
Thanks to the addition of the process analysis product developed by the Parisian start-up, the American group gives an additional dimension to the QAD Adaptive Applications suite, which will allow its customers to obtain essential information on the way actually run and operate their manufacturing, supply chain and general operations processes.
Founded in 2015 by Simon Pioche and François Arnaud, Livejourney has developed in particular by benefiting from a funding round of 2 million euros in the summer of 2020, with Newfund and the family offices Evolem and Holnest. By leaning on QAD, she can now see her solution being distributed around the world.
“The Livejourney team is excited to join QAD and the new opportunities it creates to develop new applications in AI, machine learning and data science. Together with QAD, we share a vision for the application of process intelligence that will advance this capability for all of our respective customers”, said Simon Pioche, Livejourney’s CEO and co-founder.
Legal advisors on this operation:
Walter Billet Avocats advised the founders of Livejourney as well as all of the company’s shareholders, with a team made up of Fabien Billet, partner, Christophe Cussaguet and Elodie Vardon.
BMH Avocats represented QAD, with a team composed of Thibaut Houssel, partner, and Jessica Noy-Gsell.