GROUPE ARTEMYS acquired by ANDERA PARTNERS
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 [members only] in 2019, is valued in this transaction at an EV/EBITDA multiple of 5x–12x, representing a discount to the average currently observed in the TMT (Tech, Media, Telecom) sector (14.6x).
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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
€50–150M
Equity Value
[members only]
Multiples
EV / Revenue
1x–3x
EV / EBITDA
5x–12x
EV / EBIT
[members only]
Historical Financials (EUR)
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Other operations with ANDERA PARTNERS
| Date | Acquirer | Target | Country | Sector |
|---|---|---|---|---|
| 09/2026 | ANDERA PARTNERS | Sotralu | FRANCE | Construction Materials |
| 09/2026 | ANDERA PARTNERS | Sabena Engineering | BELGIUM | MRO (Maintenance, Repair & Overhaul) |
| 12/2025 | ANDERA PARTNERS | SPHEREA | FRANCE | Engines & Systems |
| 10/2025 | ANDERA PARTNERS | XELIANS | FRANCE | Document Management |
| 06/2025 | ANDERA PARTNERS | SPARTES | FRANCE | Consulting & Audit |
| 02/2025 | ANDERA PARTNERS | GROUPE CDS | FRANCE | E-commerce & Marketplaces |
| 01/2025 | ANDERA PARTNERS | AYMING | FRANCE | Strategy & Management |
| 12/2024 | ANDERA PARTNERS | GROUPE IEF2I | FRANCE | Education Providers |
| 07/2024 | ANDERA PARTNERS | TECNIKABEL | ITALY | Cabling & Connectivity |
| 03/2024 | ANDERA PARTNERS | GROUPE ADF | FRANCE | Multi-technical Installation |
REFERENCES
Valuation range: EV €50–150M
Revenue range: €50–100M
EBITDA range: €5–25M
EV/Revenue range: 1x - 3x
EV/EBITDA range: 5x - 12x
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