Company, News,
Press release
The IAGONA Group Accelerates Its Growth with the Integration of OXHOO, a Designer of Point-of-Sale Terminals
22 January 2025
The IAGONA Group, a leader in digital solutions, takes a strategic leap forward with the merger of OXHOO, a designer and manufacturer of point-of-sale terminals. Backed by committed investors, including the FE2T Fund of IRD Invest, Socadif Capital Investissement, Rives Croissance, BP Nord Développement, and Bpifrance Investissement, this partnership marks a significant milestone in IAGONA’s growth trajectory. The merger will enhance IAGONA’s expertise, expand its product offerings, and accelerate its international ambitions, particularly through the integration of OXHOO UK.
An Alliance Built on Shared Values and Excellence
The merger between IAGONA and OXHOO is rooted in a shared commitment to innovation and customer satisfaction. OXHOO’s expert team will remain in place to ensure seamless business continuity. Gilles Bouvart, OXHOO’s longstanding CEO, will continue to play a key role as both a shareholder and partner within the combined group.
“We are thrilled to welcome OXHOO, whose expertise and vision align perfectly with our own. This integration offers significant opportunities for growth, providing us with the resources and knowledge necessary to reach new heights,” said Pascal Hermandesse, Chairman of the IAGONA Group.
Gilles Bouvart, CEO of OXHOO, added, “I am proud to join a group that shares our values and ambition. This merger opens up exciting new possibilities for both our teams and clients.”
Strengthened International Expansion
With the addition of OXHOO UK, the IAGONA Group strengthens its European presence and enhances its ability to support clients on a global scale. This development is part of a larger strategy to offer innovative, complementary solutions, particularly in the self-service kiosk and dynamic display sectors.
Strong Support from Investors
The successful completion of this merger was made possible with the support of leading investors such as the FE2T Fund of IRD Invest, Socadif Capital Investissement, Rives Croissance, and Bpifrance Investissement. These investors highlighted that “this external growth operation is a key milestone in IAGONA’s expansion, expanding its product range and providing access to the UK market, which will serve as a springboard for further international development in the self-service kiosk and dynamic display industries.” They also expressed their ongoing commitment to this exciting entrepreneurial journey alongside Pascal Hermandesse and his team, with whom they have partnered for several years.
“The support from our financial investors underscores their confidence in this remarkable project,” concluded Pascal Hermandesse.
About IAGONA
IAGONA (125 employees, €40 million in revenue) is a French company specialising in software and digital solutions, renowned for enhancing customer and patient experiences. With over 36 years of expertise, the company offers a range of products including banking kiosks, self-service terminals, connected lockers, and a software suite for dynamic signage and space digitalization.
Active in industries such as banking, retail, healthcare, and public administration, IAGONA supports its clients in their digital transformation with tailored solutions and turnkey services. Committed to sustainability, IAGONA blends innovation, quality, and customer satisfaction to address evolving market demands.
Press Contact – Iagona Group
Emmanuelle Falco – 06 76 45 21 08 – emmanuelle.falco@iagona.com
About OXHOO
OXHOO (30 employees, €20 million in revenue) is a designer and manufacturer of point-of-sale terminals and Kiosks, a leading player in the field of ergonomic and innovative POS solutions. Known for their high-quality products, OXHOO caters to the specific needs of professionals in retail and hospitality, offering durable and technologically advanced solutions that optimize the user experience.
Committed to sustainability, OXHOO continues to develop high-performance products that meet the evolving needs of the market.
See our other articles