ADIT (AGENCE POUR LA DIFFUSION DE L'INFORMATION TECHNOLOGIQUE) acquired by SAGARD
Context
Sagard entered into exclusive negotiations to become the new reference shareholder of ADIT, acquiring a stake slightly below 50%. This transaction represents the fourth LBO since the company's privatization in 2011. Existing shareholders Parquest Capital, Bpifrance, and Amundi PEF reinvested in the new structure. The French State retained its "golden share" to safeguard strategic national interests. The deal aims to support ADIT's ambition to rival major Anglo-Saxon players and accelerate its expansion into Italy, Germany, and Spain.
It is worth noting that the fund Parquest Capital / Bpifrance took control of Adit through an LBO in 2019.
ADIT (AGENCE POUR LA DIFFUSION DE L'INFORMATION TECHNOLOGIQUE), which reported an EBITDA margin of [members only] in 2021, is valued in this transaction at an EV/EBITDA multiple of 10x–18x, representing a premium to the average currently observed in the Business Services sector (11.4x).
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Target
ADIT is the European leader in strategic intelligence, business ethics, and operational support. Historically linked to the French state, it has evolved into a private global player supporting 1,000+ clients (CAC 40, PE funds). Its activities are divided into 5 poles: strategic intelligence, public affairs (Antidox), security/risk management, international trade support, and sovereignty support (DCI).
Ent. Value
€300–700M
Equity Value
[members only]
Multiples
EV / Revenue
1x–3x
EV / EBITDA
10x–18x
EV / EBIT
[members only]
Historical Financials (EUR)
Other operations with ADIT (AGENCE POUR LA DIFFUSION DE L'INFORMATION TECHNOLOGIQUE)
Other operations with ADIT (AGENCE POUR LA DIFFUSION DE L'INFORMATION TECHNOLOGIQUE)
| Date | Acquirer | Target | Country | Sector |
|---|---|---|---|---|
| 07/2025 | UI INVESTISSEMENT / MACSF / COVEA | ADIT (AGENCE POUR LA DIFFUSION DE L'INFORMATION TECHNOLOGIQUE) | FRANCE | Consulting & Audit |
| 03/2024 | ADIT (AGENCE POUR LA DIFFUSION DE L'INFORMATION TECHNOLOGIQUE) | DEFENSE CONSEIL INTERNATIONAL (DCI) | FRANCE | Consulting & Audit |
| 06/2019 | PARQUEST CAPITAL / BPIFRANCE | ADIT (AGENCE POUR LA DIFFUSION DE L'INFORMATION TECHNOLOGIQUE) | FRANCE | Consulting & Audit |
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Other operations with SAGARD
| Date | Acquirer | Target | Country | Sector |
|---|---|---|---|---|
| 02/2026 | SAGARD | ESSENCES & PARFUMS | FRANCE | Flavors & Fragrances |
| 01/2026 | SAGARD | QUIPMENT | FRANCE | Healthcare Services |
| 11/2024 | SAGARD | VENPA | ITALY | Equipment Rental |
| 10/2024 | SAGARD | FUTUR MASTER | FRANCE | Supply Chain & Ops |
| 03/2024 | SAGARD | PRIMELIS | FRANCE | Digital Marketing, SEO, SEA, Data Analytics |
| 01/2021 | SAGARD | NUTRISENS | FRANCE | Nutrition & Dietary Supplements |
| 09/2019 | SAGARD | STERIMED | FRANCE | Medical Consumables |
| 11/2018 | SAGARD / BPIFRANCE | SABENA TECHNICS | FRANCE | MRO (Maintenance, Repair & Overhaul) |
| 02/2015 | SAGARD | DELICE DES 7 VALLEES | FRANCE | Bakery / Pastry |
| 01/2015 | SAGARD / SOCIETE GENERALE CAPITAL PARTENAIRES / EMZ PARTNERS | SAFIC-ALCAN | FRANCE | Specialty Chemicals |
REFERENCES
Valuation range: EV €300–700M
Revenue range: €100–200M
EBITDA range: €10–30M
EV/Revenue range: 1x - 3x
EV/EBITDA range: 10x - 18x
Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of ADIT (AGENCE POUR LA DIFFUSION DE L'INFORMATION TECHNOLOGIQUE) by SAGARD 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.
Acquirer: sagard