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.
It is worth noting that the fund Abenex took control of Europa Group through an LBO in 2017.
EUROPA GROUP, which reported an EBITDA margin of in 2024, is valued in this transaction at an EV/EBITDA multiple of , a level to compare with the average currently observed in the Business Services sector (11.5x).
-> Deep-dive in Business Services market trends
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
Equity Value
Multiples
EV / Revenue
EV / EBITDA
EV / EBIT
Historical Financials (EUR)
Other operations with EUROPA GROUP
| Date | Acquirer | Target | Country | Sector |
|---|---|---|---|---|
| 05/2017 | ABENEX | EUROPA GROUP | FRANCE | Marketing & Events |
REFERENCES
Revenue range: 100M - 200M EUR
Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of EUROPA GROUP by ABENEX 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.
Press release: view release
Target: europa group
Acquirer: abenex