mynth
09/2022

EMLYON acquired by GALILEO GLOBAL EDUCATION

FRANCE Education / Education Providers REV 100M - 200M EUR

Context

Galileo Global Education, alongside Bpifrance and BioMerieux, acquired a 46.5% stake in EMLyon, facilitating the exit of the previous private equity investor, Qualium Investissement. The Lyon Chamber of Commerce (CCI) remains the majority shareholder with 51%. The transaction included a EUR50 million capital increase, bringing the school's total investment capacity to over EUR100 million. The strategic rationale focuses on the "Confluences 2025" plan, emphasizing international recruitment through Galileo's global network, cross-disciplinary "hybridization" with design and engineering schools, and digital transformation. Under the new governance, Guillaume Pepy (former CEO of SNCF) was appointed Chairman of the Supervisory Board, while Isabelle Huault continues as Executive President.

It is worth noting that the fund Qualium / Bpifrance took control of Emlyon through an LBO in 2019.

EMLYON, which reported an EBITDA margin of in 2022, is valued in this transaction at an EV/EBITDA multiple of , a level to compare with the average currently observed in the Retail & Consumer sector (11.2x).

-> Deep-dive in Retail & Consumer market trends

Target

Founded in 1872, emlyon is one of the top European business schools. Historically owned 100% by the Lyon Metropole CCI, the school transformed into a public limited company (SA) named "Early Makers Group." It operates campuses in Lyon, Saint-Etienne, Casablanca, Shanghai, Paris, and Bhubaneswar, serving over 7,260 students and 6,200 executive education participants.

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (EUR)

Year
Rev
EBITDA
EBIT
2022
2021

Other operations with EMLYON

List of similar M&A transactions (Date, Acquirer, Target, Country, Sub-sector)
DateAcquirerTargetCountrySector
06/2019QUALIUM / BPIFRANCEEMLYONFRANCEEducation Providers

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 EMLYON by GALILEO GLOBAL EDUCATION 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: emlyon

Acquirer: galileo global education