At what enterprise value was EVERNEX acquired in 2019?

During the acquisition of EVERNEX by 3I in 2019, the transaction's Enterprise Value is estimated to be in the range of 300M - 700M EUR.

When was EVERNEX acquired by 3I?

EVERNEX was acquired by 3I in 2019.

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

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

How is the data for the EVERNEX 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 EVERNEX 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://www.unquote.com/france/official-record/3015813/3i-buys-evernex-from-carlyle-in-deal-exceeding-eur400m

What is the average EV/EBITDA multiple for the TMT (Tech, Media, Telecom) sector in 2026?

The average EV/EBITDA multiple for the TMT (Tech, Media, Telecom) sector in 2026 is 15.1x.

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Home Database TMT (Tech, Media, Telecom)EVERNEX

07/2019

EVERNEX acquired by 3I

FRANCE IT Services / Infrastructure & Cloud / MSP (Managed Services) EV 300M - 700M EUR

Context

3i Group has acquired a substantial majority stake in Evernex from Carlyle Europe Technology Partners (CETP). 3i pre-empted a planned auction process, having tracked the asset for over two years. The deal supports the management team, led by CEO Stanislas Pilot, in continuing their international buy-and-build strategy and diversifying their service offerings.

Previously, the company had already undergone several LBOs, notably led by Eurazeo in 2013 and The Carlyle Group in 2015. This succession of buyouts, combined with an active build-up strategy, highlights the strong attractiveness of the company's business model.

EVERNEX, which reported an EBITDA margin of in 2018, is valued in this transaction at an EV/EBITDA multiple of , a level to compare with the average currently observed in the TMT (Tech, Media, Telecom) sector (15.1x).

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

Target

Evernex operates as a third-party maintenance (TPM) provider specializing in data center infrastructure management. Headquartered in Paris, France, the company’s business model centers on delivering multi-vendor maintenance, repair, and operational support for servers, storage systems, and networking equipment. As an alternative to original equipment manufacturer (OEM) servicing, the platform allows corporate clients to optimize IT asset lifecycle management, delay hardware replacement cycles, and reduce infrastructure maintenance expenditures. In 2026, Evernex supports over 5,600 customers across more than 160 countries. Its service portfolio includes hardware buy-back programs, secure data erasure, IT asset disposal (ITAD) compliant with WEEE directives, and infrastructure relocation logistics. By maintaining a centralized technical framework capable of supporting legacy equipment from manufacturers such as Dell, IBM, HPE, and Cisco, Evernex integrates circular economy principles into corporate data center operations.

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Other operations with EVERNEX

List of similar M&A transactions (Date, Acquirer, Target, Country, Sub-sector)
Date	Acquirer	Target	Country	Sector
07/2017	EVERNEX	CAT SISTEMAS	SPAIN	MSP (Managed Services)
06/2017	EVERNEX	TTS FRANCE	FRANCE	IT Services
07/2015	THE CARLYLE GROUP	EVERNEX	FRANCE	MSP (Managed Services)
07/2013	EURAZEO	EVERNEX	FRANCE	MSP (Managed Services)
01/2011	ATRIA CAPITAL PARTENAIRES	EVERNEX	FRANCE	MSP (Managed Services)

REFERENCES

Valuation range: EV 300M - 700M EUR

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 EVERNEX by 3I 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.

Target: evernex

Acquirer: 3i