mynth
10/2020

GROUPE ARTEMYS acquired by ANDERA PARTNERS

FRANCE IT Services / Consulting & Integration EV 50M - 150M EUR

Context

Andera Partners acquired a significant minority stake in Artemys, partnering with the founder Laurent Taieb and his key associates (Boris Gunther, Eric Porte). This "Primary OBO" allowed the founders to realize some patrimonial value (cash-out) while retaining majority control to drive the company's future. The rationale was to provide the financial firepower needed to launch an aggressive external growth strategy (Build-up) in a fragmented market.

GROUPE ARTEMYS, which reported an EBITDA margin of in 2019, is valued in this transaction at an EV/EBITDA multiple of , representing a to the average currently observed in the TMT (Tech, Media, Telecom) sector (14.5x).

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

Target

Founded in 1989 (originally as "Le Permis Informatique"), Artemys is an ESN (Digital Services Company) specializing in IT infrastructure management and end-user support. The group operates through specialized subsidiaries: Artemys (Infrastructure & Cloud), Amontech (MOA/MOE for Finance), and Arcatem (Networks & Security).

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (EUR)

Year
Rev
EBITDA
EBIT
2019
2018

Similar deals in IT Services

List of similar M&A transactions (Date, Acquirer, Target, Country, Sub-sector)
DateAcquirerTargetCountrySector
02/2021ARDIANJAKALAITALYConsulting & Integration
02/2021ADISTAWAYCOMFRANCEMSP (Managed Services)
10/2020MONTEFIORE INVESTMENTGROUPE OPENFRANCEConsulting & Integration
07/2020HIG CAPITALPROJECT INFORMATICAITALYConsulting & Integration
07/2020KKRDEVOTEAMFRANCEIT Services
05/2020KBRCENTAURIUNITED STATESCybersecurity Services
02/2020BAIN CAPITALENGINEERING INGEGNERIA INFORMATICAITALYConsulting & Integration
11/2019PECHELJEMS GROUPFRANCEData & AI Consulting
07/2019ORANGESECURELINKNETHERLANDSCybersecurity Services
07/20193IEVERNEXFRANCEMSP (Managed Services)

REFERENCES

Valuation range: EV 50M - 150M EUR

Revenue range: 50M - 100M EUR

EBITDA range: 5M - 25M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of GROUPE ARTEMYS by ANDERA PARTNERS 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.

Acquirer: andera partners