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11/2025

ENDRIX (EX SFC) acquired by IK PARTNERS

FRANCE Professional Services / Consulting & Audit / Accounting & Audit EV 100M - 350M EUR

Context

The French accounting and consulting group Endrix completes a significant capital reorganization by welcoming IK Partners as a strategic financial shareholder. This operation aims to fuel the group's ambitious external growth strategy. After an initial partnership with Bpifrance in 2021, Endrix steps up to a pan-European investor to reach its target of EUR100 million in revenue, consolidating a highly fragmented market through targeted acquisitions (Build-ups).

ENDRIX (EX SFC), which reported an EBITDA margin of in 2024, is valued in this transaction at an EV/EBITDA multiple of , representing a to the average currently observed in the Business Services sector (11.3x).

-> Deep-dive in Business Services market trends

Target

A leading French independent firm providing accounting, audit, and consulting services. Based in Lyon and Paris, the group has grown significantly to become a key player in the mid-market. It supports business leaders with a "360-degree" approach, covering financial advisory, legal, HR, and CSR consulting.

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (EUR)

Year
Rev
EBITDA
EBIT
2024
2023

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REFERENCES

Valuation range: EV 100M - 350M EUR

Revenue range: 100M - 200M EUR

EBITDA range: 5M - 25M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of ENDRIX (EX SFC) by IK PARTNERS 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: endrix (ex sfc)

Acquirer: ik partners