Founded in 2003 by Guy Tubiana, TVH is a consulting firm specialized in software development and information system installation. The group’s partnerships include SAP, Sage and Microsoft AX for whom THV has developed ADAX, a solution used by distributors, wholesalers and/or manufacturers of consumer products (food and non-food), office suppliers, household equipment, professional equipment, as well as those in pharmaceuticals/cosmetics, etc.

ADAX delivers vertical functionalities to meet the needs of large scale retail suppliers or distance selling companies in B2B and/or B2C mode. ADAX also offers horizontal functionalities for needs associated with multichannel distribution, transportation management and automated data capture for stock management.

TVH benefits from long term relationships with its clients, of which Fleury Michon, Quick or Les Laboratoires Pierre Fabre.

Pragma Capital take a majority stake in the operation. Pragma will support the management team (Ahmed Mahcer and Eric Boisneault) in the group’s future international development. Guy Tubiana accompanies this deal financially and will stay as a Board member.

Trocadero Capital Partners settles the mezzanine debt of the operation.