AIRIAL acquired by 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.
AIRIAL, which reported an EBITDA margin of LOGIN in 2013, 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 (14.8x).
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
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
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Equity Value
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Multiples
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EV / EBITDA
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EV / EBIT
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Historical Financials (EUR)
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REFERENCES
Revenue range: 25M - 50M EUR
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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).