ARGON & CO acquired by ARDIAN
Context
Argon & Co, a leading independent management consulting firm specializing in operations strategy and transformation, has partnered with Ardian to accelerate its global expansion. Through this transaction, Ardian Growth has taken a minority stake in the firm, providing the financial resources necessary to fuel a proactive external growth strategy.
ARGON & CO, which reported an EBITDA margin of [members only] in 2020, is valued in this transaction at an EV/EBITDA multiple of [members only], to compare with the average currently observed in the Business Services sector (11.4x).
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Target
Argon & Co is a global management consultancy specializing in operations strategy and transformation. The firm advises blue-chip and mid-market clients on optimizing supply chain planning, logistics, manufacturing, procurement, and finance. Recently, it has expanded its capabilities into Data & AI advisory. It positions itself as a specialist capable of delivering both strategic vision and hands-on implementation for Corporate leaders facing geopolitical and digital challenges.
Ent. Value
€50–100M
Equity Value
[members only]
Multiples
EV / Revenue
[members only]
EV / EBITDA
[members only]
EV / EBIT
[members only]
Historical Financials (EUR)
Other operations with ARGON & CO
Other operations with ARGON & CO
| Date | Acquirer | Target | Country | Sector |
|---|---|---|---|---|
| 06/2025 | BRIDGEPOINT | ARGON & CO | FRANCE | Strategy & Management |
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Other operations with ARDIAN
| Date | Acquirer | Target | Country | Sector |
|---|---|---|---|---|
| 07/2026 | ARDIAN | Munich Electrification | GERMANY | Batteries & EV Tech |
| 07/2026 | ARDIAN | Pflegia | GERMANY | Recruitment / Headhunting |
| 07/2026 | ARDIAN / EURAZEO / UBS | HR PATH | FRANCE | ERP, HR & Finance |
| 01/2026 | ARDIAN | IVB Wellness Lab | SPAIN | Nutrition & Dietary Supplements |
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| 07/2025 | ARDIAN | Dovida | SWITZERLAND | Outpatient Care |
| 05/2025 | ARDIAN | MasterGrid | FRANCE | Electrical |
| 03/2025 | ARDIAN | AKUO | FRANCE | Renewables |
| 03/2025 | ARDIAN | DIOT-SIACI | FRANCE | Brokerage |
| 01/2025 | ARDIAN / EURAZEO / ASTORG | SYCLEF | FRANCE | HVAC (Heating/AC) |
REFERENCES
Revenue range: €50–100M
Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of ARGON & CO by ARDIAN 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.
Acquirer: ardian