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05/2025

EDUSERVICES acquired by AMUNDI PRIVATE EQUITY, ARKEA CAPITAL & BNP PARIBAS DEVELOPPEMENT

FRANCE Education / Education Providers EV €500M–1.5bn

Context

Eduservices completed its fifth LBO, bringing in a new pool of minority financial investors led by Amundi PEF, alongside Arkea Capital and BNP Paribas Developpement. The founder and his family retain a strong majority stake (~75%), while the new investors acquire approximately 20%. The group aims to consolidate the market despite regulatory changes in apprenticeship funding.

Previously, the company had already undergone several LBOs, notably led by Parquest Capital / Amundi Private Equity in 2019 and Capza in 2021. This succession of buyouts, combined with an active build-up strategy, highlights the strong attractiveness of the company's business model.

EDUSERVICES, which reported an EBITDA margin of [members only] in 2024, is valued in this transaction at an EV/EBITDA multiple of 5x–12x, representing a discount to the average currently observed in the Retail & Consumer sector (11.9x).

-> Deep-dive in Retail & Consumer market trends

Target

Founded in 2010, Eduservices is a major French private education group focused on employability and work-study programs ("alternance," representing 77% of students). It operates a network of specialized schools (e.g., Pigier, MBway, MyDigitalSchool, IPAC) across 44 cities. The group recently strengthened its digital footprint with the acquisition of L'Ecole Française.

Ent. Value

€500M–1.5bn

Equity Value

[members only]

Multiples

EV / Revenue

1x–3x

EV / EBITDA

5x–12x

EV / EBIT

[members only]

Historical Financials (EUR)

Year
Rev
EBITDA
EBIT
2024
€250–500M
€50–100M
[members only]
2023
€250–500M
€50–100M
[members only]

Other operations with EDUSERVICES

Other operations with EDUSERVICES

List of similar M&A transactions (Date, Acquirer, Target, Country, Sub-sector)
DateAcquirerTargetCountrySector
03/2022EDUSERVICESECOLE FRANCAISEFRANCEEdTech & Content
10/2021CAPZAEDUSERVICESFRANCEEducation Providers
02/2019PARQUEST CAPITAL / AMUNDI PRIVATE EQUITYEDUSERVICESFRANCEEducation Providers

REFERENCES

Valuation range: EV €500M–1.5bn

Revenue range: €250–500M

EBITDA range: €50–100M

EV/Revenue range: 1x - 3x

EV/EBITDA range: 5x - 12x

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of EDUSERVICES by AMUNDI PRIVATE EQUITY / ARKEA CAPITAL / BNP PARIBAS DEVELOPPEMENT 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: eduservices

Acquirer: amundi private equity / bnp paribas developpement / arkea capital