APEM GROUP has been 100% owned by APPLUS+ GROUP since February 2026.

At what enterprise value was APEM GROUP acquired in 2026?

During the acquisition of APEM GROUP by APPLUS+ GROUP in 2026, the transaction's Enterprise Value is estimated to be in the range of 300M - 700M GBP.

What was the EV/EBITDA of APEM GROUP when it was acquired by APPLUS+ GROUP?

The estimated EV/EBITDA multiple for APEM GROUP is in the range of 10x - 18x.

When was APEM GROUP acquired by APPLUS+ GROUP?

APEM GROUP was acquired by APPLUS+ GROUP in 2026.

What was the revenue of APEM GROUP at the time of the deal?

The revenue of APEM GROUP at the time of the deal is estimated to be in the range of 50M - 100M GBP.

What was the EBITDA of APEM GROUP during the acquisition?

APEM GROUP's EBITDA is estimated to be in the range of 10M - 30M GBP.

How is the data for the APEM GROUP 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 APEM GROUP 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://www.applus.com/global/en/news/applus+-to-acquire-apem-group-and-launch-a-new-global-environmental-services-business

What is the average EV/EBITDA multiple for the Business Services sector in 2026?

The average EV/EBITDA multiple for the Business Services sector in 2026 is 11.4x.

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Home Database Business ServicesAPEM GROUP

02/2026

APEM GROUP acquired by APPLUS+ GROUP

UNITED KINGDOM Professional Services / Consulting & Audit EV 300M - 700M GBP

Context

Applus+ Group acquired 100% of APEM Group. The transaction marks a transformative shift for APEM, which will now lead the Environmental Services division for the entire Applus+ organization. The deal was financed by Applus+ through a EUR350 million incremental term loan. The strategic rationale focuses on the "sustainability mega-trend," combining APEM's scientific depth with Applus+'s industrial scale to capture global demand for environmental compliance and renewable energy advisory.

By taking control of Apem Group, Applus+ Group continues its expansion strategy. Previously, the group had completed 3 acquisitions, including Qps Evaluation Services in 2020.

APEM GROUP, which reported an EBITDA margin of in 2025, is valued in this transaction at an EV/EBITDA multiple of , representing a level the average currently observed in the Business Services sector (11.4x).

-> Deep-dive in Business Services market trends

Target

is a leading global environmental consultancy providing independent scientific advice and data-driven services. It specializes in water quality, biodiversity, aerial surveys, and environmental impact assessments for industries including renewables, infrastructure, and utilities. Under WestBridge's ownership, the firm expanded from a boutique UK consultancy to a global leader, completing nine strategic acquisitions across the UK, Ireland, and Australia. The group is renowned for its highly skilled workforce (many holding doctorates) and its ability to support large-scale energy transition and sustainability projects.

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (GBP)

Year

Rev

EBITDA

EBIT

2025

2024

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REFERENCES

Valuation range: EV 300M - 700M GBP

Revenue range: 50M - 100M GBP

EBITDA range: 10M - 30M GBP

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of APEM GROUP by APPLUS+ GROUP 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.

Press release: view release

Target: apem group

Acquirer: applus+ group