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 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).
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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
Equity Value
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EV / Revenue
EV / EBITDA
EV / EBIT
Historical Financials (EUR)
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REFERENCES
Valuation range: EV 50M - 150M EUR
Revenue range: 50M - 100M EUR
EBITDA range: 5M - 25M EUR
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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: andera partners