AIRIAL has been 100% owned by GFI INFORMATIQUE since May 2014.

When was AIRIAL acquired by GFI INFORMATIQUE?

AIRIAL was acquired by GFI INFORMATIQUE in 2014.

What was the revenue of AIRIAL at the time of the deal?

The revenue of AIRIAL at the time of the deal is estimated to be in the range of 25M - 50M EUR.

How is the data for the AIRIAL acquisition sourced and is it reliable?

Mynth data is contributed by a professional community of M&A and Private Equity experts. Each transaction, including the AIRIAL deal, is systematically cross-verified by our team using private deal documents and official sources. You can also find the official press release for this transaction here: https://echanges.dila.gouv.fr/OPENDATA/AMF/CNS/2014/05/FCCNS126214_20140527.pdf

What is the average EV/EBITDA multiple for the TMT (Tech, Media, Telecom) sector in 2026?

The average EV/EBITDA multiple for the TMT (Tech, Media, Telecom) sector in 2026 is 15.1x.

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Home Database TMT (Tech, Media, Telecom)AIRIAL

05/2014

AIRIAL acquired by GFI INFORMATIQUE

FRANCE IT Services / Consulting & Integration / Custom Dev REV 25M - 50M EUR

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 in 2013, 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).

-> 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.

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REFERENCES

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 AIRIAL by GFI INFORMATIQUE 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.