ALTRAN acquired by CAPGEMINI
Context
Capgemini, a global leader in consulting and IT services, and Altran Technologies, the world leader in engineering and R&D services, have entered into an agreement for a friendly takeover. The transaction, structured as a cash tender offer at �14.00 per share, values Altran at approximately �3.6 billion. This strategic combination creates a global powerhouse with combined revenues of �17 billion and a workforce exceeding 250,000 employees.
ALTRAN, which reported an EBITDA margin of LOGIN in 2018, is valued in this transaction at an EV/EBITDA multiple of LOGIN, representing a LOGIN to 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
Altran is the global leader in Engineering and R&D services (ER&D), providing high-end technical consultancy and innovation support to the world's largest industrial groups. Headquartered in France, the company operates with a workforce of over 50,000 specialized engineers, known as "Innovation Makers," across more than 30 countries. Its business model is structured to address the complex technological challenges of industries such as Aerospace, Automotive, Defense, Energy, Life Sciences, and Railway. The organization supports its clients throughout the entire value chain, from initial research and conceptual design to manufacturing engineering and lifecycle management.
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Historical Financials (EUR)
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REFERENCES
Valuation range: EV 3b - 100b EUR
Revenue range: 2.5b - 5b EUR
EBITDA range: 250M - 500M 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).
Acquirer: capgemini