mynth
09/2021

EMAGINE acquired by PRODATA CONSULT

DENMARK Industrial Services / Engineering & Consulting REV 100M - 200M EUR

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.

It is worth noting that the fund Mbo+ took control of Emagine through an LBO in 2015.

EMAGINE, which reported an EBITDA margin of in 2020, is valued in this transaction at an EV/EBITDA multiple of , a level to compare with the average currently observed in the Business Services sector (11.5x).

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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.

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (EUR)

Year
Rev
EBITDA
EBIT
2020
2019

Other operations with EMAGINE

List of similar M&A transactions (Date, Acquirer, Target, Country, Sub-sector)
DateAcquirerTargetCountrySector
01/2026EMAGINEWAADA THE MOVEMENTNETHERLANDSEngineering & Consulting
10/2015MBO+EMAGINEDENMARKEngineering & Consulting

REFERENCES

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 EMAGINE by PRODATA CONSULT 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: emagine