At what enterprise value was BUSINESS & DECISION acquired in 2018?

During the acquisition of BUSINESS & DECISION by ORANGE in 2018, the transaction's Enterprise Value is estimated to be in the range of 50M - 150M EUR.

What was the EV/EBITDA of BUSINESS & DECISION when it was acquired by ORANGE?

The estimated EV/EBITDA multiple for BUSINESS & DECISION is in the range of 10x - 18x.

When was BUSINESS & DECISION acquired by ORANGE?

BUSINESS & DECISION was acquired by ORANGE in 2018.

What was the revenue of BUSINESS & DECISION at the time of the deal?

The revenue of BUSINESS & DECISION at the time of the deal is estimated to be in the range of 150M - 250M EUR.

What was the EBITDA of BUSINESS & DECISION during the acquisition?

BUSINESS & DECISION's EBITDA is estimated to be in the range of 5M - 25M EUR.

How is the data for the BUSINESS & DECISION 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 BUSINESS & DECISION 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.orange-business.com/fr/presse/orange-annonce-pour-son-activite-orange-business-services-lacquisition-bloc-majoritaire-0#:~:text=euros%20par%20action-,Orange%20annonce%20pour%20son%20activit%C3%A9%20Orange%20Business%20l'acquisition%20du,7%2C70%20euros%20par%20action

What is the average EV/EBITDA multiple for the TMT (Tech, Media, Telecom) sector in 2026?

The average EV/EBITDA multiple for the TMT (Tech, Media, Telecom) sector in 2026 is 15.1x.

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Home Database TMT (Tech, Media, Telecom)BUSINESS & DECISION

06/2018

ORANGE takes majority stake in BUSINESS & DECISION

FRANCE IT Services / Consulting & Integration / Data & AI Consulting EV 50M - 150M EUR

Context

Orange SA has announced the acquisition of a 59.10% controlling equity stake in Business & Decision, a corporate entity specializing in data analysis, governance, and strategic digital consulting. The acquisition thesis is rooted in capability-driven scale and market positioning within the enterprise digital transformation landscape. By integrating Business & Decision, Orange Business Services executes a major expansion of its technical product pipeline, securing an end-to-end operational expertise in big data management, predictive business intelligence, and advanced data governance infrastructure. The post-closing strategic rationale focuses on leveraging the target's specialized technical capabilities to deepen Orange's vertical knowledge of its corporate clients' underlying businesses. This industrial combination provides the group with the critical mass and enhanced consultative capabilities required to cross-sell data-driven services, accelerate its positioning as an integrated global digital transformation partner, and capture market share in high-margin enterprise data verticals.

BUSINESS & DECISION, which reported an EBITDA margin of in 2017, is valued in this transaction at an EV/EBITDA multiple of , representing a to the average currently observed in the TMT (Tech, Media, Telecom) sector (15.1x).

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Target

Business & Decision is a company specialized in data analysis and consulting, providing business intelligence and data science services to its clients, with the goal of helping them improve their decision-making and accelerate their digital transformation, with a presence in 11 countries and a workforce of over 2,400 people, Business & Decision has a recognized expertise in the field of data governance and analysis, and offers a comprehensive range of services from consulting to the implementation of data solutions, with a customer-centric approach and a willingness to support them in their digital evolution, Business & Decision achieved a turnover of 213.1 million euros in 2017, and has a solid reputation in its industry, with an experienced management team and a development strategy focused on innovation and customer satisfaction, Business & Decision is a constantly evolving company, seeking to strengthen its activities and increase its market presence, with a long-term vision and a desire to create value for its clients and shareholders.

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Similar deals in IT Services

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06/2018	GFI INFORMATIQUE	REALDOLMEN	BELGIUM	Consulting & Integration
06/2018	POLARIS PRIVATE EQUITY	PRODATA CONSULT	DENMARK	Consulting & Integration
06/2018	GROUPE PASSMAN	SCREEN SERVICES	BELGIUM	MSP (Managed Services)
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04/2018	PERMIRA	EXCLUSIVE NETWORKS GROUP	FRANCE	IT Distribution & Channel
04/2018	ADVENT INTERNATIONAL	CIRCET	FRANCE	IT Services
01/2018	QUALIUM	LABELIUM	FRANCE	AdTech
11/2017	THOMA BRAVO	BARRACUDA NETWORKS	UNITED STATES	Cybersecurity Services

REFERENCES

Valuation range: EV 50M - 150M EUR

Revenue range: 150M - 250M EUR

EBITDA range: 5M - 25M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of BUSINESS & DECISION by ORANGE 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.

Target: business & decision

Acquirer: orange