ACENSI acquired by AZULIS CAPITAL
Context
After 22 years of independence, Acensi completed its first LBO with Azulis Capital taking a minority stake. The transaction facilitated a significant capital reorganization between the two co-founders (previously 50/50 owners): One sold his entire stake and exited, while the other took majority control. A pool of ~20 managers, including the newly appointed Deputy GM (Mathieu Vigneron) and CFO (Guillaume Blin), also invested. The deal is supported by a senior debt package arranged by BNP Paribas with a moderate leverage ratio (slightly above 2.0x EBITDA). The roadmap includes opportunistic acquisitions in France and existing international markets.
ACENSI, which reported an EBITDA margin of in 2024, is valued in this transaction at an EV/EBITDA multiple of , a level to compare with the average currently observed in the TMT (Tech, Media, Telecom) sector (15.1x).
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Target
Founded in 2003 and headquartered in Courbevoie, France, Acensi is an IT services and digital transformation consultancy specializing in mission-critical technology projects for blue-chip corporate and public-sector clients. Its core service offering encompasses artificial intelligence, data engineering, cybersecurity, cloud architecture, and custom application development. The company employs approximately 2,000 professionals across ten offices in France, with an international footprint spanning Belgium, Canada, Mauritius, and Portugal. Led by CEO Thibault Blin, Acensi generates roughly half of its revenue from the industrial and services sectors. Backed by private equity sponsor Azulis Capital, the group is executing an active buy-and-build strategy, acquiring specialized digital engineering and consulting boutiques to broaden its technical capabilities and expand its geographic reach.
Ent. Value
Equity Value
Multiples
EV / Revenue
EV / EBITDA
EV / EBIT
Historical Financials (EUR)
Other operations with ACENSI
| Date | Acquirer | Target | Country | Sector |
|---|---|---|---|---|
| 04/2026 | ACENSI | Finegan | FRANCE | Strategy & Management |
REFERENCES
Revenue range: 150M - 250M EUR
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Authors: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.
Target: acensi
Acquirer: azulis capital