At what enterprise value was ESI GROUP acquired in 2023?

During the acquisition of ESI GROUP by KEYSIGHT TECHNOLOGIES in 2023, the company was valued at an estimated revenue multiple of 5x - 12x. The transaction's Enterprise Value is estimated to be in the range of 500M - 1.5b EUR. 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 TMT (Tech, Media, Telecom) industry currently tracks an average EBITDA multiple of 14.5x, providing a valuable benchmark for this transaction.

What was the EV/EBITDA of ESI GROUP when it was acquired by KEYSIGHT TECHNOLOGIES?

The estimated EV/EBITDA multiple for ESI GROUP is in the range of Above 20x. For comparison, the TMT (Tech, Media, Telecom) sector currently shows an average EBITDA multiple of 14.5x. Join our community for free to access full valuation data and industry trends.

When was ESI GROUP acquired by KEYSIGHT TECHNOLOGIES?

ESI GROUP was acquired by KEYSIGHT TECHNOLOGIES in 2023.

What was the revenue of ESI GROUP at the time of the deal?

The revenue of ESI GROUP 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 was the EBITDA of ESI GROUP during the acquisition?

ESI GROUP's EBITDA is estimated to be in the range of 10M - 30M EUR. Join our community for free to access complete and exact deal data.

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 ESI GROUP 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 ESI GROUP 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://vipress.net/keysight-va-racheter-le-francais-esi-group-valorise-a-913-millions-deuros/

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Home Database TMT (Tech, Media, Telecom)ESI GROUP

11/2023

ESI GROUP acquired by KEYSIGHT TECHNOLOGIES

FRANCE Software / Engineering & Design Software EV 500M - 1.5b EUR

Context

Keysight Technologies acquired 100% of ESI Group through a two-stage process. First, it purchased a 50.6% controlling block from the founding Rouvray family and historical shareholders at EUR155 per share. This was followed by a mandatory tender offer for the remaining shares at the same price. By early 2024, Keysight completed the squeeze-out and delisted ESI Group from Euronext Paris. The acquisition accelerates Keysight's strategy to shift its focus "left" into the design phase of the product lifecycle by integrating advanced predictive simulation and virtual prototyping into its design and test portfolio.

ESI GROUP, which reported an EBITDA margin of in 2022, is valued in this transaction at an EV/EBITDA multiple of , a level than the average currently observed in the TMT (Tech, Media, Telecom) sector (14.5x).

-> Deep-dive in TMT (Tech, Media, Telecom) market trends

Target

ESI Group is a world-leading provider of Virtual Prototyping software and services. Founded in 1973, the company pioneered the first successful full-car frontal crash simulation. Today, its software replicates the behavior of products during testing and real-life use (Digital Twins), enabling industries like Automotive, Aerospace, and Heavy Industry to replace physical prototypes with predictive physics-based simulations. Its immersive solutions (IC.IDO) allow for collaborative virtual process validation and human-machine interaction simulation.

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REFERENCES

Valuation range: EV 500M - 1.5b EUR

Revenue range: 100M - 200M EUR

EBITDA range: 10M - 30M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of ESI GROUP by KEYSIGHT TECHNOLOGIES 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: keysight technologies