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01/2026Majority

La Carac takes majority stake in Cedrus & Partners

FRANCE Wealth & Asset Management EV €20–50M

Context

Carac entered into exclusive negotiations to acquire a majority stake of just under 70% in Cedrus & Partners. This transaction follows a highly competitive bidding process involving international private equity funds and wealth management consolidators, where Carac emerged victorious over finalists such as Corient and Anacap. The deal facilitates the complete exit of the firm's founders while allowing the current management team, led by the President and the CEO, to retain the remaining one-third of the capital by reinvesting their proceeds.

Cedrus & Partners, which reported an EBITDA margin of [members only] in 2025, is valued in this transaction at an EV/EBITDA multiple of 10x–18x, standing directly in line with the average currently observed in the Financial Services sector (12.3x in 2026).

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Target

A multi-family office and investment firm catering to ultra-wealthy families (minimum EUR100M net worth) and institutions. It specializes in private assets and alternative investments, managing EUR7B in assets under advisory.

Ent. Value

€20–50M

Equity Value

[members only]

Multiples

EV / Revenue

2x–6x

EV / EBITDA

10x–18x

EV / EBIT

[members only]

Historical Financials (EUR)

Year
Rev
EBITDA
EBIT
2025
€5–25M
€0–5M
[members only]
2024
€5–25M
€0–5M
[members only]

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REFERENCES

Valuation range: EV €20–50M

Revenue range: €5–25M

EBITDA range: €0–5M

EV/Revenue range: 2x - 6x

EV/EBITDA range: 10x - 18x

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of Cedrus & Partners by La Carac 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: cedrus & partners

FAQ

What transaction does this page cover?

This page covers the acquisition of a majority stake in Cedrus & Partners, a French company specialised in Wealth & Asset Management, by La Carac in 2026.

How was the acquisition of Cedrus & Partners by La Carac valued, and what multiples were paid?

mynth displays the transaction’s enterprise value within the €20–50M band, its EV/EBITDA multiple within the 10x - 18x range, and its EV/revenue multiple within the 2x - 6x range. Exact figures are available to members.

What were Cedrus & Partners’s revenue and EBITDA at the time of the deal?

At the time of the transaction, Cedrus & Partners generated annual revenue estimated in the €5–25M range and EBITDA in the €0–5M bracket (FY 2025). Detailed financial figures are available to members.

How does the valuation of Cedrus & Partners compare to benchmarks in the Financial Services sector?

With an estimated multiple range of 10x - 18x, the transaction stands directly in line with historical averages for the Financial Services sector (12.3x in 2026).

What sources support the information on this transaction?

Transaction data and operational intelligence were compiled from independent financial press reporting by specialized M&A publications.

What is mynth?

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