Publications
Publications
- September 2013 (Revised November 2023)
- HBS Case Collection
Antoine Leboyer and GSX
By: Richard S. Ruback and Royce Yudkoff
Abstract
Antoine Leboyer (HBS '92) acquired the Swiss-based software company GSX in February 2008. He managed through the recession of 2008–2009, dealt with a tumultuous separation from the founder/owner, rebuilt the management team, and upgraded the company's software development. By mid-2012 Leboyer believed GSX was positioned to invest in product development. His investment partner, however, wanted the company to focus on increasing profitability and cash flows.
Keywords
Acquisition; Small Business; Finance; Private Equity; Growth and Development Strategy; France; Switzerland
Citation
Ruback, Richard S., and Royce Yudkoff. "Antoine Leboyer and GSX." Harvard Business School Case 214-038, September 2013. (Revised November 2023.)