← Database
M&A

AIRIAL

Acquired by

GFI INFORMATIQUE

FRANCE IT Services REV [1m EUR - 100m EUR] 05/2014

Target

AIRIAL

Acquirer

GFI INFORMATIQUE

Context

The strategic acquisition of Airial by Gfi Informatique marks a significant expansion of the group's operational footprint in France, reinforcing its multi-specialist technical profile. This move allows the organization to establish a dominant position within the public sector and financial services landscape, integrating a prestigious portfolio of institutional and corporate clients. The strategic rationale for the transaction is rooted in the acquisition of highly specialized technical capabilities in data migration and information system modernization, particularly for the pharmaceutical and insurance industries.

This transaction is part of the TMT (Tech, Media, Telecom) industry, which currently tracks an average EBITDA multiple of 13.0x since the beginning of 2026, 5.1% decrease compared to 2025. 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.

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

Target

Airial is a specialized technical service provider focusing on industrial-quality IT consulting and engineering solutions within the French market. The organization’s business model is centered on the modernization and maintenance of complex information systems, with a specific focus on high-recurrence activities such as third-party application management. Its value proposition is built on recognized technical expertise in data migration and specialized solutions for highly regulated environments, including the pharmaceutical and insurance sectors. Strategically, the firm operates as a proximity-based partner for large-scale institutional clients and global corporations, ensuring the stability and evolution of critical software assets. By maintaining a strong presence in regional hubs, the entity facilitates the digital transition of public infrastructure and financial systems. The organization’s strategy emphasizes operational excellence and technical durability across the entire software value chain.

Ent. Value

LOGIN

Equity Value

LOGIN

Multiples Analysis

EV / Revenue

LOGIN

EV / EBITDA

LOGIN

EV / EBIT

LOGIN

Historical Financials (EUR)

Year
Rev
EBITDA
EBIT
2013
LOGIN
LOGIN
LOGIN
2012
LOGIN
LOGIN
LOGIN

Other operations with AIRIAL

mynth data is contributed by M&A / PE professionals and systematically cross-verified against private deal documents and official releases. All source materials are destroyed post-validation to guarantee data anonymity and compliance.