mynth
← DATABASE
05/2022

GROUPE EDH acquired by FIVE ARROWS

FRANCE Education / Education Providers EV 500M - 1.5b EUR

Context

Five Arrows Principal Investments entered into an exclusivity agreement to acquire a majority stake in Groupe EDH from Quilvest Capital Partners and IK Partners. The transaction marks a new stage in the group's development, with the management team led by Amin Khiari reinvesting significantly to maintain a central role. Historic investors Quilvest and IK also planned to reinvest alongside Five Arrows. This capital reorganization follows an intense cycle of external growth marked by the acquisitions of Institut Cread (interior architecture) and ESEC (cinema). The new partner's ambition is to support the continuation of this consolidation strategy and strengthen the digitalization and international expansion of the group's brands.

In the past, the company had already been the subject of several LBOs, notably led by Quilvest Capital Partners in 2017 and Ik Partners in 2020. These multiple LBO cycles illustrate the strong appeal for this type of asset.

GROUPE EDH, which reported an EBITDA margin of in 2021, is valued in this transaction at an EV/EBITDA multiple of , a level as high as the average currently observed in the Retail & Consumer sector (11.2x).

-> Deep-dive in Retail & Consumer market trends

Target

Groupe EDH is a leading French private higher education group specializing in communication (EFAP), cultural management (ICART), journalism (EFJ), and design/digital creation (Brassart/Aries). Under the leadership of Amin Khiari, the group has aggregated multiple schools to form a platform with over 7,000 students across 13 campuses in France and 4 international sites (New York, Shanghai, Algiers, Santander).

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (EUR)

Year
Rev
EBITDA
EBIT
2021
2020

Other operations with GROUPE EDH

List of similar M&A transactions (Date, Acquirer, Target, Country, Sub-sector)
DateAcquirerTargetCountrySector
01/2020IK PARTNERSGROUPE EDHFRANCEEducation Providers
11/2017QUILVEST CAPITAL PARTNERSGROUPE EDHFRANCEEducation Providers
09/2014PLATINA EQUITY SOLUTIONSGROUPE EDHFRANCEEducation Providers

REFERENCES

Valuation range: EV 500M - 1.5b EUR

Revenue range: 100M - 200M EUR

EBITDA range: 25M - 50M EUR

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

Press release: view release

Target: groupe edh

Acquirer: five arrows