Forvis Mazars supported Artefact Group in the acquisition of Effixis

September 2024 | European group Artefact, specialising in data and artificial intelligence (AI) consulting, has acquired Effixis. The Financial advisory and the Tax team at Forvis Mazars assisted Artefact in conducting the financial, tax, and social due diligence for this acquisition.

The Artefact Group, specialising in data and AI consulting with a presence in 23 countries and a team of 1,500 employees, acquired Effixis. This company has been experiencing strong growth over the past two years, having focused on consulting in generative AI innovations, notably with the launch of its "Prompt University" in 2023.

This strategic acquisition enables Artefact Group to strengthen its presence in Europe with two new offices in Switzerland and Belgium. It also enhances its expertise in AI-related services, such as « Natural Language Processing » and « Large Language Models ».

Artefact Group appointed the Forvis Mazars Financial advisory team:

  • for the financial due diligence: Antonio Rubino, Pierre Aubrun, Pierre Kalamarides and Régine Chaperon
  • for the tax and social due diligence: Ludovic Pasche, Emina Selimovic and Enes Jashari

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