EUROPA GROUP
Acquired by
ABENEX
EUROPA GROUP acquired by ABENEX
Target
EUROPA GROUP
Acquirer
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.
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 (11.3x).
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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Equity Value
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Multiples Analysis
EV / Revenue
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EV / EBITDA
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EV / EBIT
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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
Authors: 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
Acquirer: abenex