At what enterprise value was CONSTELLATION acquired in 2024?

During the acquisition of CONSTELLATION by 3I in 2024, the transaction's Enterprise Value is estimated to be in the range of 300M - 700M EUR.

When was CONSTELLATION acquired by 3I?

CONSTELLATION was acquired by 3I in 2024.

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

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

How is the data for the CONSTELLATION 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 CONSTELLATION 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://capitalfinance.lesechos.fr/deals/lbo/constellation-valorisee-plus-de-250-meur-par-3i-2094450

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)CONSTELLATION

04/2024

CONSTELLATION acquired by 3I

FRANCE IT Services / Infrastructure & Cloud EV 300M - 700M EUR

Context

Constellation, a leading French IT services group specialized in cloud and cybersecurity, has announced a major fundraising round of over �116 million led by 3i. This transaction marks the exit of Qualium Investissement, which had supported the group since 2021. Historical investor Cap Horn Finance is reinvesting alongside founder Etienne Besan�on and his 32 partners, who together retain nearly half of the company's capital.

CONSTELLATION, which reported an EBITDA margin of in 2023, is valued in this transaction at an EV/EBITDA multiple of , a level to compare with the average currently observed in the TMT (Tech, Media, Telecom) sector (15.1x).

-> Deep-dive in TMT (Tech, Media, Telecom) market trends

Target

Constellation operates as a managed technology services provider specializing in cloud computing architecture, enterprise cybersecurity, and comprehensive digital transformation solutions. The company's commercial business model centers on the design, deployment, and long-term management of hybrid and multi-cloud environments, enterprise-grade information security frameworks, and integrated IT infrastructure. The firm guides corporate clients through the migration of legacy data systems onto secure, scalable, and high-availability digital platforms.

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (EUR)

Year

Rev

EBITDA

EBIT

2023

2022

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REFERENCES

Valuation range: EV 300M - 700M EUR

Revenue range: 150M - 250M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of CONSTELLATION by 3I 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.

Acquirer: 3i