At what enterprise value was EMAGINE acquired in 2021?

You can find the full valuation details of EMAGINE on mynth capital. By registering for free, you get access to complete and exact transaction details including enterprise value, revenue, and EBITDA. Additionally, our database shows that the Business Services industry currently tracks an average EBITDA multiple of 10.6x, providing a valuable benchmark for this transaction.

What was the EV/EBITDA of EMAGINE when it was acquired by PRODATA CONSULT?

The exact EV/EBITDA multiple for EMAGINE is available on mynth capital. For comparison, the Business Services sector currently shows an average EBITDA multiple of 10.6x. Join our community for free to access full valuation data and industry trends.

When was EMAGINE acquired by PRODATA CONSULT?

EMAGINE was acquired by PRODATA CONSULT in 2021.

What was the revenue of EMAGINE at the time of the deal?

The revenue of EMAGINE at the time of the deal is estimated to be in the range of 100M - 200M EUR. Register for free to access the full transaction report and exact valuation multiples.

What is Enterprise Value (EV)?

Enterprise Value (EV) is a measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization. EV includes in its calculation the market capitalization of a company but also short-term and long-term debt as well as any cash on the company's balance sheet.

What is the EV/EBITDA multiple and why is it used?

The EV/EBITDA multiple is a financial ratio that compares a company's Enterprise Value (EV) to its Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA). It is widely used in M&A and valuation because it allows for comparisons between companies with different capital structures and provides a clear view of operational profitability.

How is the data for the EMAGINE acquisition sourced and is it reliable?

Mynth data is contributed by a professional community of M&A and Private Equity experts. Each transaction, including the EMAGINE deal, is systematically cross-verified by our team using private deal documents and official sources. You can also find the official press release for this transaction here: https://axcel.com/wp-content/uploads/2021/08/press-release-prodata-emagine.pdf

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Home Database Business ServicesEMAGINE

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.

As a reminder, the company had previously received an investment from Mbo+ in 2015.

EMAGINE, 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 Business Services sector (10.6x).

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 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.

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Other operations with EMAGINE

List of similar M&A transactions (Date, Acquirer, Target, Country, Sector, Deal Context)
Date	Acquirer	Target	Country	Sector	Deal Context
01/2026	EMAGINE	WAADA THE MOVEMENT	NETHERLANDS	Industrial Services	Emagine has completed the 100% acquisition of the Dutch consultancy Waada The Movement, following a preliminary agreement reached in January 2026. The transaction fully integrates Waada’s specialized brands, Prowareness and DevOn, into emagine’s unified global operating model. The strategic rationale for the deal is to strengthen emagine's ability to execute complex digital transformation programs by combining strategic advisory with deep engineering capacity. Notably, the acquisition triples emagine’s engineering presence in India, providing the scale required for global enterprise programs. This move addresses the increasing market demand for faster execution speed, clearer accountability, and measurable outcomes in AI and data-driven transitions.
10/2015	MBO+	EMAGINE	DENMARK	Industrial Services	The deal involves the opening of EMAGINE's capital to MBO PARTENAIRES, allowing the company to take independence from its former parent group GFT. The transaction is led by EMAGINE's management team, led by Jean-François Bodin, who become majority shareholders. The deal provides EMAGINE with the financial resources and support to pursue its development objectives, including accelerating its growth and expanding its international presence through potential acquisitions. The partnership with MBO PARTENAIRES brings expertise and resources to support EMAGINE's strategic plans, including reinforcing its positioning as a specialist in niche markets and pursuing its international development.

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: 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: emagine