At what enterprise value was EMBARQ acquired in 2025?

You can find the full valuation details of EMBARQ 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 10.9x, providing a valuable benchmark for this transaction.

What was the EV/EBITDA of EMBARQ when it was acquired by PROMAN?

The exact EV/EBITDA multiple for EMBARQ is available on mynth capital. For comparison, the Business Services sector currently shows an average EBITDA multiple of 10.9x. Join our community for free to access full valuation data and industry trends.

When was EMBARQ acquired by PROMAN?

EMBARQ was acquired by PROMAN in 2025.

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

The revenue of EMBARQ 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 EMBARQ 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 EMBARQ 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://www.proman-emploi.fr/blog/proman-annonce-l-acquisition-de-la-start-up-rh-embarq-et-devient-un-leader-du-portage-salarial-en-france

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Home Database Business ServicesEMBARQ

09/2025

EMBARQ acquired by PROMAN

FRANCE Professional Services / HR & Capital / Temp Work / Staffing REV 100M - 200M EUR

Context

PROMAN has announced the acquisition of the HR tech scale-up Embarq. This transaction strategically propels the acquirer into a top-tier position within the "Portage Salarial" sector, effectively combining the target's high-growth digital platform with the industrial scale of a European HR giant. The strategic rationale for the deal is rooted in the booming demand for professional autonomy and corporate flexibility, a market currently growing at 20% annually. By integrating Embarq’s proprietary "phygital" ecosystem and its high-profile pool of 4,000 interim managers and IT experts, PROMAN increases its sector-specific revenue to nearly €200 million, representing a 9% total market share. The partnership is designed to leverage the target's scalable technology to absorb rapid growth both domestically and internationally, while maintaining the transparency and proximity values that defined the start-up’s success. For the founders, joining PROMAN provides the financial and operational resources required to challenge traditional industry codes on a global scale. This merger highlights the ongoing institutionalization of the freelance economy, where established staffing leaders are increasingly acquiring digital-native platforms to secure specialized talent pools and modernize their service delivery models.

EMBARQ, which reported an EBITDA margin of LOGIN in 2024, 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 (10.9x).

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

Embarq is a high-growth HR technology start-up specializing in umbrella company services for highly skilled independent professionals. The company operates a "phygital" model, combining physical regional hubs (Paris, Lyon, Marseille, Lille, Annecy, Toulouse) with a proprietary, end-to-end digital platform that automates billing, payments, and administrative management via mobile and web interfaces. Embarq primarily serves over 4,000 specialists, including interim managers (CFOs, HRDs, Logistics Directors) and IT experts (Data Scientists, Project Managers, Developers). Distinguished by its transparency, the firm holds the "Zero Hidden Fees" certification from Fedep’s. Strategically, the company has disrupted the traditional HR sector by achieving an average annual growth rate of 85%, positioning itself as a top-tier player in the French market through technological scalability and a user-centric approach to professional autonomy.

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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 EMBARQ by PROMAN 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: embarq

Acquirer: proman