ENDRIX (EX SFC) acquired by IK PARTNERS
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).
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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
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Historical Financials (EUR)
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REFERENCES
Valuation range: EV 100M - 350M EUR
Revenue range: 100M - 200M EUR
EBITDA range: 5M - 25M EUR
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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