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 |
|---|---|---|---|---|---|---|---|---|---|
| 06/2019 | Majority | Parquest Capital / Bpifrance | Consulting & Audit | ||||||
| 11/2018 | 100% | Sabena Technics FRANCE | Sagard / Bpifrance | MRO (Maintenance, Repair & Overhaul) | |||||
| 09/2018 | 100% | Sogetrel FRANCE | Latour Capital / Bpifrance / BNP Paribas Developpement | Infrastructures | |||||
| 10/2017 | Majority | Theradial FRANCE | UI Investissement / Bpifrance | Medical Devices | |||||
| 10/2016 | Minority | AD Education FRANCE | Cathay Capital / Bpifrance | Education Providers | |||||
| 04/2016 | Majority | Looping Group FRANCE | Apheon / Bpifrance | Leisure Facilities | |||||
| 01/2016 | Majority | Sogetrel FRANCE | Quilvest Capital Partners / Bpifrance | Infrastructures | |||||
| 10/2015 | 100% | Verallia FRANCE | Apollo Global Management / Bpifrance | Packaging & Containers | |||||
| 06/2015 | Majority | Teknimed FRANCE | Apax Partners / Credit Mutuel Equity / Bpifrance | Medical Devices | |||||
| Average (10 yrs) | 2.5x | 10.5x | |||||||
| Median (10 yrs) | 1.6x | 9.9x | |||||||


