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M&A

EVORIEL

Acquired by

BRIDGEPOINT

FRANCE Real Estate Services EV [100m EUR - 500m EUR] 04/2024

Target

EVORIEL

Acquirer

BRIDGEPOINT

Context

Bridgepoint acquired the majority of Nexity's residential services division to form EVORIEL. The deal allows Nexity to deleverage and refocus on urban development, while EVORIEL benefits from Bridgepoint's expertise in consolidating fragmented service markets. A strategic partnership remains in place between Nexity and EVORIEL to ensure business continuity and cross-selling synergies.

The transaction values EVORIEL at an EV/Revenue multiple of LOGIN.

Target

EVORIEL is a leading French provider of real estate services for individuals and institutional investors. Formed from the carve-out of Nexity's service division, the group operates through three major brands: Lamy (nationwide network), Oralia (premium urban network), and Richardière (institutional property management). It also includes Lamy Assurances, a specialized insurance broker. The group manages nearly 1 million clients across 200+ agencies.

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)

Year
Rev
EBITDA
EBIT
2024
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2023
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Other operations with EVORIEL

mynth data is contributed by M&A / PE professionals and systematically cross-verified against private deal documents and official releases. All source materials are destroyed post-validation to guarantee data anonymity and compliance.