AYMING acquired by ANDERA PARTNERS
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 LOGIN in 2024, is valued in this transaction at an EV/EBITDA multiple of LOGIN, a level to compare with the average currently observed in the Business Services sector (11.0x).
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
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
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Equity Value
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Multiples
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EV / EBITDA
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EV / EBIT
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Historical Financials (EUR)
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REFERENCES
Revenue range: 100M - 200M 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).
Target: ayming
Acquirer: andera partners