mynth
09/2021

ADVENS acquired by PARQUEST CAPITAL & CAPZA

FRANCE IT Services / Consulting & Integration / Cybersecurity Services EV 100M - 350M EUR

Context

Capza and Parquest Capital entered the capital of Advens as minority shareholders, alongside founder Alexandre Fayeulle and the management team, who retain majority control. This operation is notable for its integrated philanthropic structure: a significant portion of the company’s capital gains and dividends are directed toward a large-scale endowment fund. The primary objective of the partnership is to fuel Advens’ technological R&D and international expansion, aiming to establish the firm as the premier Security-as-a-Service provider in Europe. The deal also involved a significant employee secondary component, allowing 33% of the staff to become shareholders.

ADVENS, which reported an EBITDA margin of LOGIN in 2021, is valued in this transaction at an EV/EBITDA multiple of LOGIN, a level to compare with the average currently observed in the TMT (Tech, Media, Telecom) sector (14.3x).

Note that this data is based on contribution from our growing community, composed of M&A and Private Equity professionals, and has been verified by our team to ensure its accuracy.

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Target

Advens is the leading French independent "pure player" in cybersecurity. The company specializes in Security-as-a-Service (SaaS), operating a unique 24/7 Security Operations Center (SOC) that integrates artificial intelligence with human expertise to protect over 300 clients globally. Advens’ value proposition centers on high-end cyber consulting combined with scalable, subscription-based protection models. Strategically, the firm distinguishes itself through a "societal impact" model, committing up to 40% of its financial value to an endowment fund dedicated to youth inclusion and education. As of 2021, the group achieved over 20% growth in services and an accelerated 70% annual growth in its Security-as-a-Service business.

Ent. Value

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Multiples

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EV / EBITDA

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Historical Financials (EUR)

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REFERENCES

Valuation range: EV 100M - 350M EUR

Revenue range: 25M - 50M EUR

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

Authors: verified mynth contributor (mynth data is contributed by M&A / PE professionals and systematically cross-verified with private deal documents and official press releases).

Acquirer: capza / parquest capital