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02/2019

EDUSERVICES acquired by PARQUEST CAPITAL & AMUNDI PRIVATE EQUITY

FRANCE Education / Education Providers EV €100–350M

Context

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.

EDUSERVICES, which reported an EBITDA margin of [members only] in 2018, 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

€100–350M

Equity Value

[members only]

Multiples

EV / Revenue

below 1.5x

EV / EBITDA

5x–12x

EV / EBIT

[members only]

Historical Financials (EUR)

Year
Rev
EBITDA
EBIT
2018
€100–200M
€5–25M
[members only]
2017
€100–200M
€5–25M
[members only]

Other operations with EDUSERVICES

Other operations with EDUSERVICES

List of similar M&A transactions (Date, Acquirer, Target, Country, Sub-sector)
DateAcquirerTargetCountrySector
05/2025AMUNDI PRIVATE EQUITY / ARKEA CAPITAL / BNP PARIBAS DEVELOPPEMENTEDUSERVICESFRANCEEducation Providers
03/2022EDUSERVICESECOLE FRANCAISEFRANCEEdTech & Content
10/2021CAPZAEDUSERVICESFRANCEEducation Providers

REFERENCES

Valuation range: EV €100–350M

Revenue range: €100–200M

EBITDA range: €5–25M

EV/Revenue range: below 1.5x

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 PARQUEST CAPITAL / AMUNDI PRIVATE EQUITY 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 / parquest capital