EMAGINE
Acquired by
PRODATA CONSULT
EMAGINE acquired by PRODATA CONSULT
Target
EMAGINE
Acquirer
PRODATA CONSULT
Context
ProData Consult, facilitated by its majority shareholder Axcel, has acquired 100% of the French-headquartered emagine Group. This transformative acquisition represents ProData’s fourth deal in less than two years and serves as a cornerstone for its expansion outside the Nordics. The strategic rationale is to create a fully integrated pan-European range of coherent IT consultancy services by merging ProData’s Northern European dominance with emagine’s prominent positions in France, Germany, and the UK. The combined entity will leverage ProData’s proprietary IT platform to realize operational synergies and offer global clients enhanced scalability. Post-closing, ProData CEO Anders Gratte will lead the combined group, while emagine CEO Jean-François Bodin will remain in a key management role to oversee the integration of the two organizations.
Target
Founded in 1989, emagine is one of Europe’s leading high-end business and IT consulting firms. Its business model relies on a "practitioner-led" approach, utilizing a core team of senior consultants supported by a global professional network of over 500,000 specialists. The company’s value proposition focuses on providing disciplined delivery for complex, large-scale transformation programs across 13 countries. Strategically owned by the Nordic private equity firm Axcel, emagine pursues an aggressive international growth strategy to consolidate the fragmented European IT consulting market. By maintaining a model defined by seniority and close client partnerships, the group serves over 500 enterprise clients, helping them navigate rapid technological shifts through a globally integrated operational framework.
Ent. Value
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Equity Value
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Multiples Analysis
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Other operations with EMAGINE
| Date | Acquirer | Target | Country | Sector | Target Description |
|---|---|---|---|---|---|
| 01/2026 | EMAGINE | WAADA THE MOVEMENT | NETHERLANDS | Industrial Services | Founded in 2004, Waada The Movement is a specialized Dutch consultancy focused on high-impact digital transformation, data engineering, and software development. The company’s business model operates through two distinct premium brands: Prowareness, a senior-led advisory firm for strategic transformation, and DevOn, an engineering organization dedicated to technology delivery. Its value proposition centers on bridging the gap between strategy and execution, specifically in complex areas such as AI adoption and large-scale software engineering. Strategically, Waada leverages a workforce of over 400 professionals and a significant engineering hub in India to deliver scalable solutions to enterprise-level organizations. By combining high-level advisory with disciplined technical execution, the firm ensures measurable outcomes and faster time-to-market for its clients' digital initiatives. |