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06/2025

GROUPE EIF acquired by IDIA CAPITAL INVESTISSEMENT, SOCIETE GENERALE CAPITAL PARTENAIRES, SOCADIF & AMETHIS

FRANCE Professional Services / Consulting & Audit EV €100–350M

Context

Groupe EIF reorganizes its shareholding through its third LBO ("LBO Ter"). Five new investment funds join the capital to support the group's domestic and international development. The management team strengthens its majority position while opening the capital to all employees. This partnership aims to accelerate the deployment of SaaS solutions for tax performance and to lead a buy-and-build strategy across Europe, particularly in Italy and Benelux, following the acquisition of Forecast Consulting in Belgium.

GROUPE EIF, which reported an EBITDA margin of [members only] in 2024, is valued in this transaction at an EV/EBITDA multiple of [members only], to compare with the average currently observed in the Business Services sector (11.4x).

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Target

The EIF Group is a consulting firm specializing in optimizing the financial and operational performance of businesses and public sector organizations. Historically focused on audit and local tax advisory services, the group has expanded its offerings to include innovation financing, investment support, and the development of SaaS software solutions tailored to its core markets. The group's activities are organized around three complementary pillars. The first pillar focuses on property taxation and urban planning, providing audit, optimization, and management services for local taxation to real estate stakeholders. The second pillar encompasses innovation financing and investment advisory services, including tax credits, public subsidies, and support mechanisms for industrial projects. The third pillar comprises the group's software activities, developed around several specialized SaaS platforms for managing property taxation, innovation financing, and project management. With a strong presence in France and Belgium, EIF serves a client base comprising real estate stakeholders, industrial SMEs, local authorities, and public or quasi-public organizations.

Ent. Value

€100–350M

Equity Value

[members only]

Multiples

EV / Revenue

4x–10x

EV / EBITDA

[members only]

EV / EBIT

[members only]

Historical Financials (EUR)

Year
Rev
EBITDA
EBIT
2024
€25–50M
[members only]
[members only]
2023
€25–50M
[members only]
[members only]

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REFERENCES

Valuation range: EV €100–350M

Revenue range: €25–50M

EV/Revenue range: 4x - 10x

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of GROUPE EIF by IDIA CAPITAL INVESTISSEMENT / SOCIETE GENERALE CAPITAL PARTENAIRES / SOCADIF / AMETHIS 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: amethis / socadif / idia capital investissement / societe generale capital partenaires