Paris, May 6, 2021 – SQUAD is making Germany a cornerstone of its growth strategy in Europe. To ensure a successful entry into the German market, SQUAD will be able to count on the support of Business France and its IMPACT GERMANY acceleration program.
SQUAD was selected by a jury of French and German experts, along with seven other growth companies, for the second edition of this flagship program from Business France, which is supported by Bpifrance, the city of Düsseldorf, and Smarketer GmbH.
This eight-month personalized program will enable SQUAD to better understand the specifics of the German market, develop its network, and accelerate its growth across the Rhine.
"Germany is a mature market where advanced digitization of businesses—such as the rise of Industry 4.0—is accompanied by new cybersecurity issues, for which we offer significant added value," emphasizes Antoine Hautin, Deputy CEO of SQUAD.
"We have been working in the German market for almost two years now, on a major project for a banking player. With Impact Germany, we are stepping up our efforts with the aim of making the country a regional hub for Squad in Europe," he adds.
Key figures:
| + 300% organic growth in terms of headcount on the last 5 years | 600 employees | €65 million of projected revenue in 2021 |
| 4.7/5 Glassdoor employer rating | 9 agencies in France and abroad | $200 million of projected revenue in 2025 |
About Squad
With offices in Paris, Lyon, Toulouse, Aix-en-Provence, Sophia-Antipolis, Nantes, Rennes, and Bordeaux, as well as Adelaide, Australia, Squad is a consulting group specializing in cybersecurity and DevOps.
Founded in 2011, the group plans to bring together more than 700 consultants by the end of 2021, with revenue of €65 million, which it plans to triple to €200 million by 2025. The group owes its success to its high level of specialization in IT security and DevOps issues, and to the strong relationships it has built with a client base consisting mainly of large corporations.
In 2020, Squad obtained PASSI certification from ANSSI (the French National Cybersecurity Agency). This certification, which allows the group to act as an auditor of information system security for organizations of vital interest, demonstrates the high technical level of Squad's teams and their daily commitment to securing their clients' systems and infrastructure.
Press contact
Nghi HUYNH
Press Relations Officer
nhuynh@squad.fr - +33 6 27 91 10 74
