At what enterprise value was ENTORIA acquired in 2026?

During the acquisition of ENTORIA by HLD in 2026, the transaction's Enterprise Value is estimated to be in the range of 300M - 700M EUR.

What was the EV/EBITDA of ENTORIA when it was acquired by HLD?

The estimated EV/EBITDA multiple for ENTORIA is in the range of 10x - 18x.

When was ENTORIA acquired by HLD?

ENTORIA was acquired by HLD in 2026.

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

The revenue of ENTORIA at the time of the deal is estimated to be in the range of 100M - 200M EUR.

What was the EBITDA of ENTORIA during the acquisition?

ENTORIA's EBITDA is estimated to be in the range of 25M - 50M EUR.

How is the data for the ENTORIA 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 ENTORIA 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://capitalfinance.lesechos.fr/deals/lbo/feu-vert-de-la-concurrence-au-rachat-dentoria-par-hld-2211085

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Home Database Financial ServicesENTORIA

01/2026

ENTORIA acquired by HLD

FRANCE Brokerage EV 300M - 700M EUR

Context

HLD acquired a majority stake in Entoria. After years of turbulence under previous owners, the deal aims to stabilize the broker and leverage its strong position in the growing market of self-employed insurance. The transaction was financed by a unitranche debt from Eurazeo with a leverage below 4x EBITDA.

ENTORIA, which reported an EBITDA margin of in 2025, is valued in this transaction at an EV/EBITDA multiple of , representing a to the average currently observed in the Financial Services sector (10.7x).

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Target

A leading French wholesale insurance broker specializing in health and life protection (prevoyance) for self-employed professionals (TNS) and SMEs. Entoria manages a vast network of partner brokers and provides outsourced underwriting and management services.

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (EUR)

Year

Rev

EBITDA

EBIT

2025

2024

Similar deals in Brokerage

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12/2025	IK PARTNERS	ASCORA	FRANCE	Brokerage
12/2025	ODDO BHF	HUEBER ASSURANCES	FRANCE	Brokerage
09/2025	ARDONAGH	GROUPE LEADER INSURANCE	FRANCE	Brokerage
07/2025	BRIDGEPOINT	HANSEATIC BROKING CENTER (HBC)	GERMANY	Brokerage
05/2025	ADVENT INTERNATIONAL	KEREIS	FRANCE	Brokerage
03/2025	ARDIAN	DIOT-SIACI	FRANCE	Brokerage
09/2024	CINVEN	FINAXY	FRANCE	Brokerage
02/2024	TMX GROUP	CBOE AUSTRALIA & CANADA	CANADA	Brokerage

REFERENCES

Valuation range: EV 300M - 700M EUR

Revenue range: 100M - 200M EUR

EBITDA range: 25M - 50M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of ENTORIA by HLD 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.

Acquirer: hld