FUTUR MASTER acquired by SAGARD
Context
Sagard NewGen has announced the acquisition of FuturMaster, a premier SaaS provider specializing in Supply Chain Planning and Revenue Growth Management (RGM). Sagard NewGen becomes the majority shareholder, succeeding the founder, Bo Zhou, who exits the business. The current management team and Cathay Capital, an investor since 2020, are both reinvesting in this new growth cycle.
FUTUR MASTER, which reported an EBITDA margin of [members only] in 2023, is valued in this transaction at an EV/EBITDA multiple of [members only], to compare with the average currently observed in the TMT (Tech, Media, Telecom) sector (14.6x).
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Target
Founded in 1993, FuturMaster is a premier French SaaS vendor specializing in advanced Supply Chain Planning (SCP) and Revenue Growth Management (RGM). Through its integrated "Bloom" platform, the company provides end-to-end visibility and optimization across demand planning, supply planning, and trade promotion management. FuturMaster leverages cutting-edge technologies, including Artificial Intelligence (Machine Learning), digital twin modeling, and operational research to transform supply chain complexity into competitive advantages. Serving over 600 customers in 90 countries—including global leaders like L Oreal, Heineken, and TotalEnergies—the company employs nearly 200 people across France, the UK, Singapore, and China.
Ent. Value
€50–150M
Equity Value
[members only]
Multiples
EV / Revenue
1x–3x
EV / EBITDA
[members only]
EV / EBIT
[members only]
Historical Financials (EUR)
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Other operations with SAGARD
| Date | Acquirer | Target | Country | Sector |
|---|---|---|---|---|
| 02/2026 | SAGARD | ESSENCES & PARFUMS | FRANCE | Flavors & Fragrances |
| 01/2026 | SAGARD | QUIPMENT | FRANCE | Healthcare Services |
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| 03/2024 | SAGARD | PRIMELIS | FRANCE | Digital Marketing, SEO, SEA, Data Analytics |
| 01/2022 | SAGARD | ADIT (AGENCE POUR LA DIFFUSION DE L'INFORMATION TECHNOLOGIQUE) | FRANCE | Consulting & Audit |
| 01/2021 | SAGARD | NUTRISENS | FRANCE | Nutrition & Dietary Supplements |
| 09/2019 | SAGARD | STERIMED | FRANCE | Medical Consumables |
| 11/2018 | SAGARD / BPIFRANCE | SABENA TECHNICS | FRANCE | MRO (Maintenance, Repair & Overhaul) |
| 02/2015 | SAGARD | DELICE DES 7 VALLEES | FRANCE | Bakery / Pastry |
| 01/2015 | SAGARD / SOCIETE GENERALE CAPITAL PARTENAIRES / EMZ PARTNERS | SAFIC-ALCAN | FRANCE | Specialty Chemicals |
REFERENCES
Valuation range: EV €50–150M
Revenue range: €25–50M
EV/Revenue range: 1x - 3x
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Authors: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.
Acquirer: sagard