At what enterprise value was AUXIGA acquired in 2019?

You can find the full valuation details of AUXIGA on mynth capital. By registering for free, you get access to complete and exact transaction details including enterprise value, revenue, and EBITDA. Additionally, our database shows that the Financial Services industry currently tracks an average EBITDA multiple of 13.9x, providing a valuable benchmark for this transaction.

What was the EV/EBITDA of AUXIGA when it was acquired by ANDERA PARTNERS?

The exact EV/EBITDA multiple for AUXIGA is available on mynth capital. For comparison, the Financial Services sector currently shows an average EBITDA multiple of 13.9x. Join our community for free to access full valuation data and industry trends.

When was AUXIGA acquired by ANDERA PARTNERS?

AUXIGA was acquired by ANDERA PARTNERS in 2019.

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

The revenue of AUXIGA at the time of the deal is estimated to be in the range of 10M - 30M EUR. Register for free to access the full transaction report and exact valuation multiples.

What is Enterprise Value (EV)?

Enterprise Value (EV) is a measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization. EV includes in its calculation the market capitalization of a company but also short-term and long-term debt as well as any cash on the company's balance sheet.

What is the EV/EBITDA multiple and why is it used?

The EV/EBITDA multiple is a financial ratio that compares a company's Enterprise Value (EV) to its Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA). It is widely used in M&A and valuation because it allows for comparisons between companies with different capital structures and provides a clear view of operational profitability.

How is the data for the AUXIGA 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 AUXIGA 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://auxiga.com/fr/groupe/actualites/4_andera-partners-investit-dans-le-groupe-auxiga

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Home Database Financial ServicesAUXIGA

11/2019

AUXIGA acquired by ANDERA PARTNERS

FRANCE Specialty Finance / Specialized Lending / Factoring REV 10M - 30M EUR

Context

The transaction involves a secondary LBO of Auxiga, where Andera Partners acquires a majority stake from IK Investment Partners, who had held the company for four and a half years. As part of the deal, the management team will significantly increase its shareholding to approximately 15%, ensuring strong alignment with the new sponsor’s growth objectives. The strategic rationale for the investment is based on the significant untapped potential of the French inventory-based lending market, where only a fraction of the total estimated 500 billion EUR in domestic inventory is currently utilized as collateral. Andera Partners aims to capitalize on the shift in market perception, as inventory pledges evolve from a "lender of last resort" solution into a standard liquidity tool comparable to factoring. The group intends to support Auxiga’s international expansion, specifically targeting the UK, Germany, and Spain, by leveraging its proven expertise in "floor-checking" services for multinational manufacturers.

As a reminder, the company was previously involved in a leveraged buyout led by Ik Partners in 2015.

AUXIGA, which reported an EBITDA margin of LOGIN in 2019, is valued in this transaction at an EV/EBITDA multiple of LOGIN, a level to compare with the average currently observed in the Financial Services sector (13.9x).

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

Auxiga is a century-old French specialist and the domestic market leader in the management and securing of inventory-based lending solutions. The company operates as a mission-critical intermediary between financial institutions and corporate borrowers, providing legal expertise in bankruptcy law and security interests to facilitate asset-based financing. Its core business involves ensuring the feasibility of inventory pledges and conducting rigorous, recurring on-site inspections to verify the existence and value of the collateralized stocks throughout the loan duration. Since the acquisition of Eurogage, the firm controls approximately 80% of the French market, positioning itself as an essential partner for banks seeking to mitigate credit risk. Beyond traditional inventory pledging, Auxiga has successfully diversified into "floor-checking" services for the captive finance arms of automotive and agricultural machinery manufacturers, verifying the physical presence of vehicle fleets at dealership sites.

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List of similar M&A transactions (Date, Acquirer, Target, Country, Sector, Deal Context)
Date	Acquirer	Target	Country	Sector	Deal Context
07/2015	IK PARTNERS	AUXIGA	FRANCE	Specialty Finance	IK Investment Partners has acquired a controlling interest in Auxiga Group. This deal represents an entry-point investment into the specialized financial services sector, aiming to consolidate the group's undisputed leadership in the French and Belgian reference markets. The strategic rationale for the acquisition centers on professionalizing the group’s commercial strategy and developing cross-entity synergies to offer a broader range of asset-control services to banking partners. IK intends to support the management team in making inventory pledging a more dynamic and widely adopted financing tool for companies seeking to leverage their balance sheet assets. The investment plan includes the acceleration of growth opportunities through a modernized commercial approach and the potential for expansion into adjacent European geographies.

REFERENCES

Revenue range: 10M - 30M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of AUXIGA by ANDERA PARTNERS are reserved for mynth community members. Register for free to unlock full data.

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).

Press release: view release

Target: auxiga

Acquirer: andera partners