Supported by Amethis, Groupe Office Automation strengthens its cybersecurity capabilities with the acquisition of Five Nines

Paris, June 9th, 2026

Groupe Office Automation (“GOA” or the “Group”) is a French leader in the professional distribution of office equipment and software for the SME and mid-cap markets. The Group offers a full range of printing and scanning equipment with associated maintenance, as well as dematerialization software solutions, including Eukles, Zeendoc, Therefore, ManageEngine (cyber security software suite), Papercut (print management solution) and Kpax software (management of printer fleets, consumables, and meter readings). GOA has a strong presence in France and also distributes its solutions across Europe and Africa.

Five Nines is a cybersecurity company specializing in the protection of IT infrastructures, with a focus on managed cybersecurity services, threat detection, and cyber resilience for SMEs and mid-market organizations. The company supports its clients in strengthening their security posture through a combination of expertise, monitoring capabilities, and tailored security solutions. Five Nines generates approximately 6m€ in revenue with a team of 16 employees in France and Morocco.

This acquisition allows GOA to further strengthen its offering within its digital division, complementing its existing portfolio of software solutions with a strong cybersecurity offering. It also accelerates the Group’s growth strategy by expanding its capabilities in the fast-growing cybersecurity market and in managed services, increasing the share of digital activities within the Group, which now represents nearly 35% of GOA’s revenues.

Following this acquisition, the group refinanced its bank debt with its existing bank pool (Caisse d’Epargne IDF, BRED and LCL), which reaffirmed its confidence in GOA’s growth strategy.

Philippe Richoux and Sebastien Créno, President and General Manager of Digital Business Unit of GOA, stated:

“The acquisition of Five Nines marks an important step in strengthening GOA’s positioning as a trusted technology partner for SMEs and mid-sized companies. Cybersecurity is a strategic pillar of our digital division, and this acquisition enhances our ability to deliver end-to-end secure IT and digital solutions through our partner ecosystem. We are very pleased to welcome the Five Nines team to GOA and we would like to thank Julien Duchadeau, who will remain strongly committed to the project, for his trust.”

Julien Duchadeau, President of Five Nines, added:

“ Joining Groupe Office Automation is a great opportunity for Five Nines. We share the same ambition to deliver high-value cybersecurity services to SMEs and mid-market companies. Becoming part of GOA will allow us to accelerate our development and expand our reach through a strong international network “

Romain Gauvrit and Rebecca Denyer, Partner and Investment Director at Amethis, commented:

“Following the acquisition of PGS in December 2024, and Bluemega in June 2025, and now Five Nines, GOA is steadily strengthening its digital, software, and cybersecurity capabilities. These transactions further reinforce GOA’s positioning as a leading B2B player in office equipment, IT hardware, and integrated digital solutions for SMEs and mid-market companies. And we would like to thank our banking partners for their continued trust.”

About Five Nines

Five Nines is a Managed Security Services Provider (MSSP) based in Levallois-Perret, France, generating €7 million in revenue in 2025. The company currently supports 250 clients and monitors nearly 200,000 endpoints through its advanced monitoring and incident response capabilities. Five Nines relies on leading cybersecurity technologies such as CrowdStrike, Mimecast, Zscaler, and others to deliver operational, continuous, and highly effective cybersecurity services tailored to the most demanding IT environments.

About GOA

Founded in 2022, Office Automation Group has established itself as a leading distributor of office equipment, IT hardware and digitalisation software for VSEs and SMEs in Europe and Africa. Our commitment is to provide real added value for our reseller partners, by offering them innovative, high-performance solutions.

Our various companies, each experts in their own field, enable us to offer our network a range of products and services unrivalled on the market.

Building on our success, we continue to expand by investing in innovative companies, bringing new services of excellence to our partners. Our ongoing commitment to our teams, the environment and continuous improvement is at the heart of our strategy.

About Amethis

Amethis is an impact-oriented private equity firm, and member of Edmond de Rothschild Private Equity Partnership, focusing on financial, environmental and social sustainability across Europe, Africa, and the Middle East.  With assets under management of over €1.4 billion, Amethis has made more than 50 investments to date.

Amethis provides growth capital to promising mid-sized champions in a variety of sectors, offering growth support through its international network covering Europe, Africa and the Middle East as well as systematic improvement of their environmental and social impacts. With seven offices in Paris, Abidjan, Casablanca, Nairobi, Cairo, Cape Town and Luxembourg, the Amethis team includes 55 experienced professionals with strong regional and sector expertise.

For more information : https://amethis.com

List of participants:

Five Nines:

• Management: Julien Duchadeau
• Sell-side Advisors : Birds (Camille Brodhag)
• Sell-side lawyers : Lamy Lexel (Alexandre Bideau, Hélène Relange)

GOA:

• Management: Philippe Richoux, Sébastien Créno, Janne Vercauteren
• Investors: Romain Gauvrit, Nicolas Manardo, Rebecca Denyer, Timothée de Roucy
• Advisors to GOA:
  • Financial Due Diligence : BM&A (Laurent Peny, Pauline Bouvier)
  • Legal Advisors: Bichot & Associés (Mathieu Odet, Chemsy Alami)
• Financing banks :
  • Caisse d’Epargne Ile-de-France (Laurent Suscosse, Kevin Macabrey, Steven Neveu)
  • BRED Banques Populaires (David Baptista, Rachid Outahar)
  • LCL (Lucas le Berre, Thibault Salas)

Advisor to financing banks:

DeGaulle Fleurance & Associés (Vahan Guevorkian)