At what enterprise value was CYRUS acquired in 2025?

During the acquisition of CYRUS by PAI PARTNERS in 2025, the company was valued at an estimated revenue multiple of 5x - 12x. The transaction's Enterprise Value is estimated to be in the range of 1b - 4b EUR. By registering for free, you get access to complete and exact transaction details including enterprise value, revenue, and EBITDA. Additionally, our database shows that the Financial Services industry currently tracks an average EBITDA multiple of 13.1x, providing a valuable benchmark for this transaction.

What was the EV/EBITDA of CYRUS when it was acquired by PAI PARTNERS?

The estimated EV/EBITDA multiple for CYRUS is in the range of Above 20x. For comparison, the Financial Services sector currently shows an average EBITDA multiple of 13.1x. Join our community for free to access full valuation data and industry trends.

When was CYRUS acquired by PAI PARTNERS?

CYRUS was acquired by PAI PARTNERS in 2025.

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

The revenue of CYRUS at the time of the deal is estimated to be in the range of 100M - 200M EUR. Register for free to access the full transaction report and exact valuation multiples.

What was the EBITDA of CYRUS during the acquisition?

CYRUS's EBITDA is estimated to be in the range of 50M - 100M EUR. Join our community for free to access complete and exact deal data.

What is Enterprise Value (EV)?

Enterprise Value (EV) is a measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization. EV includes in its calculation the market capitalization of a company but also short-term and long-term debt as well as any cash on the company's balance sheet.

What is the EV/EBITDA multiple and why is it used?

The EV/EBITDA multiple is a financial ratio that compares a company's Enterprise Value (EV) to its Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA). It is widely used in M&A and valuation because it allows for comparisons between companies with different capital structures and provides a clear view of operational profitability.

How is the data for the CYRUS 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 CYRUS 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.cfnews.net/Les-alertes-de-CFNEWS/Cyrus-franchit-la-barre-du-milliard-de-valorisation-546032

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Home Database Financial ServicesCYRUS

10/2025

CYRUS acquired by PAI PARTNERS

FRANCE Wealth & Asset Management EV 1b - 4b EUR

Context

The strategic entry of PAI Partners into the capital structure of Cyrus Group signifies a major advancement for the independent wealth management sector in Europe. The strategic logic of this transaction hinges on a "platform-acceleration" maneuver, merging the target’s technical operational depth in wealth advisory with the sponsor’s extensive expertise in scaling global business services. This alignment equips the organization with the institutional backing and capital necessary to address the increasing demand for sophisticated, integrated support among high-net-worth clients facing the complexities of internationalization.

CYRUS, which reported an EBITDA margin of LOGIN in 2024, is valued in this transaction at an EV/EBITDA multiple of LOGIN, representing a LOGIN to the average currently observed in the Financial Services sector (13.1x).

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

Cyrus Group operates as the leading independent wealth management platform in France, specializing in a tailored, client-centric approach for high-net-worth individuals and families. The organization functions as a multi-disciplinary technical center, integrating specialized expertise in asset management, real estate investment, and private equity. Rather than following a restrictive traditional banking model, the firm utilizes an open-architecture framework that ensures access to a diverse range of global financial products and strategies. Its value proposition resides in its ability to provide comprehensive, scientific support for complex wealth structures, merging personalized advisory with the technical operational depth of its specialized subsidiaries. The entity secures its market position through a strategy of "non-banking" excellence, positioning itself as a primary alternative to conventional private banks.

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2023

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List of similar M&A transactions (Date, Acquirer, Target, Country, Sector, Deal Context)
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05/2024	GOLDMAN SACHS	CRYSTAL	FRANCE	Wealth & Asset Management	Crystal, a dominant player in the French wealth management and private banking sector, has announced that Goldman Sachs Alternatives, via its Private Equity team, has acquired a majority stake in the group
04/2024	EURAZEO	ERES	FRANCE	Wealth & Asset Management	Eurazeo, through its Mid-Large buyout team and co-investors, has finalized the acquisition of Eres Group for an investment exceeding �350 million. This transaction, completed in July 2024, marks the fifth deal for the Eurazeo Capital V (ECV) fund, which is now over 40% deployed
09/2023	BLACKSTONE	GROUPE PREMIUM	FRANCE	Wealth & Asset Management	Groupe Premium, a French leader in wealth management and insurance solutions, has secured a strategic investment from Blackstone via its Tactical Opportunities fund. Existing shareholders Eurazeo and Montefiore remain committed to the group, with Eurazeo retaining its majority position
02/2022	ACTIVA CAPITAL	RHETORES	FRANCE	Wealth & Asset Management	The investment by Activa Capital in Rhétorès Finance, coupled with the simultaneous acquisition of Cap Fidélis, marks the launch of a new consolidation platform in the French wealth management (CGP) sector

REFERENCES

Valuation range: EV 1b - 4b EUR

Revenue range: 100M - 200M EUR

EBITDA range: 50M - 100M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of CYRUS by PAI PARTNERS are reserved for mynth community members. Register for free to unlock full data.

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).

Acquirer: pai partners