Financial
Bpifrance
FRANCE WEBSITE : BPIFRANCE.FR
Bpifrance is France's public investment bank and the most active equity investor in the country by deal count, backing companies of every size and sector, from deeptech seed rounds to mid-caps, often as a minority co-investor alongside national or regional funds. Its equity arm runs close to €60bn across direct holdings and a €21.5bn fund-of-funds programme, and its role reaches well beyond equity, through loans, guarantees and innovation subsidies. Across the deals tracked by mynth, target revenue averages €208m (median €64m), with an average EV/EBITDA of 10.5x against 9.9x at the median.
Bpifrance is France's public investment bank and the most active equity investor in the country by deal count, backing companies of every size and sector, from deeptech seed rounds to mid-caps, often as a minority co-investor alongside national or regional funds. Its equity arm runs close to €60bn across direct holdings and a €21.5bn fund-of-funds programme, and its role reaches well beyond equity, through loans, guarantees and innovation subsidies. Across the deals tracked by mynth, target revenue averages €208m (median €64m), with an average EV/EBITDA of 10.5x against 9.9x at the median.
49 Deals with Bpifrance
| Date | Type | Target | Acquirer | Sector | Rev | EBITDA | EV | xRev | xEBITDA |
|---|---|---|---|---|---|---|---|---|---|
| 03/2022 | Majority | Masa Group FRANCE | Albarest / Bpifrance | Industry-Specific Software | |||||
| 03/2022 | Minority | Doctolib FRANCE | Bpifrance / Eurazeo | Industry-Specific Software | |||||
| 10/2021 | Majority | Point Vision FRANCE | Ares / Bpifrance | Outpatient Care | |||||
| 09/2021 | Majority | Markal FRANCE | French Food Capital / Bpifrance / Tikehau Capital | Food Products | |||||
| 02/2021 | Majority | BTP Consultants FRANCE | Apax Partners / Bpifrance | TIC (Testing, Inspection, Certification) | |||||
| 06/2020 | Majority | Axium Packaging FRANCE | Cerea Partners / Bpifrance | Packaging & Containers | |||||
| 05/2020 | Majority | Groupe Top Chrono FRANCE | Siparex / Bpifrance | Freight Transport | |||||
| 04/2020 | Majority | JVS Group FRANCE | Parquest Capital / Bpifrance | Industry-Specific Software | |||||
| 09/2019 | Majority | Wifirst FRANCE | Amundi Private Equity / Bpifrance / Socadif | Operators | |||||
| 06/2019 | Majority | Emlyon FRANCE | Qualium / Bpifrance | Education Providers | |||||
| Average (10 yrs) | 2.5x | 10.5x | |||||||
| Median (10 yrs) | 1.6x | 9.9x | |||||||
