When was AYMING acquired by ANDERA PARTNERS?

AYMING was acquired by ANDERA PARTNERS in 2025.

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

The revenue of AYMING at the time of the deal is estimated to be in the range of 100M - 200M EUR.

How is the data for the AYMING 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 AYMING 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.agefi.fr/private-equity/actualites/andera-partners-devient-actionnaire-majoritaire-de-la-societe-de-conseil-ayming

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Home Database Business ServicesAYMING

01/2025

AYMING acquired by ANDERA PARTNERS

FRANCE Professional Services / Consulting & Audit / Strategy & Management REV 100M - 200M EUR

Context

Ayming has announced a strategic capital reorganization. Andera Partners, through its Andera MidCap 5 fund, has acquired a majority stake in the group. This transition marks a new growth cycle supported by the existing management team who are reinvesting significantly in the project. EMZ, a partner since 2022, is also renewing its commitment by maintaining a minority shareholding.

AYMING, which reported an EBITDA margin of in 2024, is valued in this transaction at an EV/EBITDA multiple of , a level to compare with the average currently observed in the Business Services sector (11.5x).

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Target

Ayming is a French performance consulting group, historically specializing in innovation financing (approximately two-thirds of its business) and human resources, with a strong presence in France and internationally. The group has expanded its expertise to include taxation and ESG, positioning its brand as a premium player in supporting companies through growth, innovation, and transformation. In 2024, Ayming employed over 1,500 people in 14 countries across Europe and North America, with a diverse clientele primarily composed of SMEs and mid-sized companies, as well as large corporations.

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (EUR)

Year

Rev

EBITDA

EBIT

2024

2023

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REFERENCES

Revenue range: 100M - 200M EUR

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Authors: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.

Target: ayming

Acquirer: andera partners