mynth
11/2022Majority

Providence Equity Partners takes majority stake in A2mac1

FRANCE Software / Industry-Specific Software / Automotive EV €1–10bn

Context

This transaction is a secondary leveraged buyout, marking the transfer of absolute majority control from the exiting historical private equity syndicate back to a new lead financial sponsor. Following a highly competitive auction process meticulously managed by premier investment banks, the returning sponsor successfully secured exclusivity to execute the acquisition alongside the company's original financial sponsor and the deeply reinvested executive management team. To adequately capitalize this massive operation, the deal structure incorporates a substantial senior debt package, providing the optimal leverage required to support the target's ongoing aggressive expansion strategy and its transition toward broader mobility insights.

It is worth noting that the fund Five Arrows took control of A2mac1 through an LBO in 2017.

A2mac1, which reported an EBITDA margin of [members only] in 2022, is valued in this transaction at an EV/EBITDA multiple of Above 20x, standing directly in line with the average observed in the TMT (Tech, Media, Telecom) sector (15.2x in 2022).

-> Deep-dive in TMT (Tech, Media, Telecom) market trends

Target

Founded in 1997, A2Mac1 is the global leader in automotive competitive benchmarking and technical analysis. The group operates the world's most comprehensive database of automotive parts and vehicle teardown data, providing critical insights to nearly all global car manufacturers and tier-1 suppliers. By dismantling vehicles and digitizing every component, A2Mac1 offers a powerful benchmarking platform that assists engineers in optimizing technology, weight, and costs.

Ent. Value

€1–10bn

Equity Value

[members only]

Multiples

EV / Revenue

[members only]

EV / EBITDA

Above 20x

EV / EBIT

[members only]

Historical Financials (EUR)

Year
Rev
EBITDA
EBIT
2022
[members only]
€50–100M
[members only]
2021
[members only]
€50–100M
[members only]

Other operations with A2mac1

Other operations with A2mac1
DateAcquirerTargetCountrySector
10/2017FIVE ARROWSA2MAC1FRANCEAutomotive

Other operations with Providence Equity Partners

Other operations with Providence Equity Partners
DateAcquirerTargetCountrySector
10/2026PROVIDENCE EQUITY PARTNERSFITNESS PARKFRANCELeisure Facilities
08/2026PROVIDENCE EQUITY PARTNERSHOMETRACKUNITED KINGDOMData, Analytics & AI
12/2020PROVIDENCE EQUITY PARTNERSLA CENTRALEFRANCEE-commerce & Marketplaces

Similar deals in Software

Similar deals in Software
DateAcquirerTargetCountrySector
12/2022KEENSIGHT CAPITALQUANOSGERMANYIndustry-Specific Software
12/2022FARO TECHNOLOGIESSITESCAPEUNITED STATESIndustry-Specific Software
11/2022EURAZEONEOXAMFRANCEFinancial Services / Banking
11/2022VIA EQUITYDECISION FOCUSDENMARKFinancial Services / Banking
11/2022PTCSERVICEMAXUNITED STATESSupply Chain & Ops
07/2022CODRAORDINALFRANCEElectronics / Manufacturing
06/2022ASTORG / GENERAL ATLANTICECOVADISFRANCEIndustry-Specific Software
06/2022HELLMAN & FRIEDMAN / PERMIRAZENDESKUNITED STATESCRM & Sales
05/2022W.A.G PAYMENT SOLUTIONSWEBEYE TELEMATICSHUNGARYAutomotive
05/2022CT ENGINEERINGINFODREAMFRANCESupply Chain & Ops

REFERENCES

Valuation range: EV €1–10bn

EBITDA range: €50–100M

EV/EBITDA range: Above 20x

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of A2mac1 by Providence Equity Partners are reserved for mynth community members. Register for free to unlock full data.

Authors: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.

Target: a2mac1

Acquirer: providence equity partners

FAQ

What transaction does this page cover?

This page covers the acquisition of a majority stake in A2mac1, a French company specialised in Industry-Specific Software, by Providence Equity Partners in 2022. This followed an earlier holding cycle initiated in October 2017, when the company was acquired by Five Arrows.

How was the acquisition of A2mac1 by Providence Equity Partners valued, and what multiples were paid?

mynth displays the transaction’s enterprise value within the €1–10bn band and its EV/EBITDA multiple within the Above 20x range. Exact figures are available to members.

What was A2mac1’s EBITDA at the time of the deal?

At the time of the transaction, A2mac1’s EBITDA was estimated within the €50–100M bracket (FY 2022). Detailed financial figures are available to members.

How does the valuation of A2mac1 compare to benchmarks in the TMT (Tech, Media, Telecom) sector?

With an estimated multiple range of Above 20x, the transaction stands directly in line with historical averages for the TMT (Tech, Media, Telecom) sector (15.2x in 2022).

What sources support the information on this transaction?

Transaction data and operational intelligence were compiled from independent financial press reporting by specialized M&A publications.

What is mynth?

mynth is the first free M&A database dedicated to Small & Mid-Cap transactions. We centralize Enterprise Values, revenue multiples, EBITDA multiples and transaction financials that are typically locked behind five-figure subscriptions on platforms like Capital IQ or Mergermarket. On mynth, searching and browsing deals is completely free. Our mission is simple: make professional-grade valuation intelligence accessible to every M&A advisor, independent consultant, Private Equity professional and student, without the burden of expensive annual licenses.