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10/2021

EDUSERVICES acquired by CAPZA

FRANCE Education / Education Providers EV 300M - 700M EUR

Context

Capza Expansion acquired a minority stake in Eduservices, joining the existing financial pool of Parquest and Amundi PEF. The transaction was structured as a new LBO, including senior bank debt with specific capex lines to fund growth. The founder's family and the management team retained the majority control. The capital injection was aimed at accelerating international expansion in key European markets (Germany, Spain, Italy) and continuing the digitalization of the curriculum.

As a reminder, the company had previously received an investment from Parquest Capital / Amundi Private Equity in 2019.

EDUSERVICES, which reported an EBITDA margin of LOGIN in 2020, is valued in this transaction at an EV/EBITDA multiple of LOGIN, a level to compare with the average currently observed in the Retail & Consumer sector (11.3x).

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

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

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Multiples

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Historical Financials (EUR)

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Other operations with EDUSERVICES

List of similar M&A transactions (Date, Acquirer, Target, Country, Sector, Deal Context)
DateAcquirerTargetCountrySectorDeal Context
05/2025AMUNDI PRIVATE EQUITY / ARKEA CAPITAL / BNP PARIBAS DEVELOPPEMENTEDUSERVICESFRANCEEducation

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.

03/2022EDUSERVICESECOLE FRANCAISEFRANCEEducation

Eduservices acquired L'Ecole Francaise, beating out another industrial player and two funds. The founders reinvested to keep a minority stake. This transaction follows an aborted Primary LBO process in 2021 where the target sought a very high valuation. The deal allows Eduservices to complete its offer: adding short, online, professionalizing modules to its existing portfolio of long-term diploma courses. The target's revenue surged during the pandemic due to the CPF scheme.

02/2019PARQUEST CAPITAL / AMUNDI PRIVATE EQUITYEDUSERVICESFRANCEEducation

Parquest Capital and Amundi Private Equity acquired minority stakes in Eduservices, allowing the exit of Capzanine (now Capza) from the equity structure. The founder retained a majority stake, continuing the governance model established in previous rounds (where he increased ownership from 40% to ~52%). The deal was competitive, with Montefiore among the interested bidders. Although Capzanine divested its equity, it remained involved by providing financing for the transaction.

REFERENCES

Valuation range: EV 300M - 700M EUR

Revenue range: 100M - 200M EUR

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

Target: eduservices

Acquirer: capza