EUROPA GROUP acquired by ABENEX
Context
Abénex has successfully structured a continuation vehicle to acquire a 55% majority stake in Europa Group, facilitating a major secondary leveraged buyout and the transfer of assets from its fifth flagship fund. This strategic operation marks a pivotal shift in the group's governance, allowing the founders to trigger a structured managerial transition while retaining a significant 35% minority stake. The primary objective is to aggressively finance Europa Group's ongoing multiple build-up strategy in specialized medical media to double the group's size by 2029.
As a reminder, the company had previously received an investment from Abenex in 2017.
EUROPA GROUP, which reported an EBITDA margin of LOGIN in 2024, is valued in this transaction at an EV/EBITDA multiple of LOGIN, a level to compare with the average currently observed in the Business Services sector (11.0x).
Note that this data is based on contribution from our growing community, composed of M&A and Private Equity professionals, and has been verified by our team to ensure its accuracy.
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Target
Founded in 1987, Europa Group is a premier Europeanorganizer of medical conferences and professional congresses across Europe. Originally focused strictly on event management, the enterprise has successfully executed a major diversification strategy through targeted external acquisitions, expanding deeply into healthcare content, medical publishing, data marketing, and digital health communication. The company now operates two equally balanced core divisions: professional medical events and specialized healthcare media. Driven by a newly structured executive team undergoing a planned managerial transition, the group actively pursues aggressive buy-and-build strategies to continuously integrate specialized media and communication agencies, aiming to vastly multiply its operational scale in the coming years.
Ent. Value
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Historical Financials (EUR)
Other operations with EUROPA GROUP
| Date | Acquirer | Target | Country | Sector | Deal Context |
|---|---|---|---|---|---|
| 05/2017 | ABENEX | EUROPA GROUP | FRANCE | Professional Services | Abénex has successfully completed a strategic equity investment in Europa Group, acquiring a minority stake to support a new phase of international growth and consolidation. This primary transaction constitutes a minority leveraged buyout, allowing the target to reorganize its capital structure while ensuring the founding management team, retains absolute majority control (~60%). To adequately capitalize this next expansion phase, Abénex provides substantial financial resources and strategic expertise to fuel the group's aggressive cross-border acquisition pipeline. This partnership follows Europa Group's recent successful integration of Insight Outside and is strictly engineered to accelerate its transition from a pure-play event organizer to a diversified scientific services provider. |
REFERENCES
Revenue range: 100M - 200M EUR
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Authors: verified mynth contributor (mynth data is contributed by M&A / PE professionals and systematically cross-verified with private deal documents and official press releases).
Press release: view release
Target: europa group
Acquirer: abenex