At what enterprise value was GROUPE IEF2I acquired in 2024?

During the acquisition of GROUPE IEF2I by ANDERA PARTNERS in 2024, the transaction's Enterprise Value is estimated to be in the range of 100M - 350M EUR.

What was the EV/EBITDA of GROUPE IEF2I when it was acquired by ANDERA PARTNERS?

The estimated EV/EBITDA multiple for GROUPE IEF2I is in the range of 15x - 25x.

When was GROUPE IEF2I acquired by ANDERA PARTNERS?

GROUPE IEF2I was acquired by ANDERA PARTNERS in 2024.

What was the revenue of GROUPE IEF2I at the time of the deal?

The revenue of GROUPE IEF2I at the time of the deal is estimated to be in the range of 10M - 30M EUR.

What was the EBITDA of GROUPE IEF2I during the acquisition?

GROUPE IEF2I's EBITDA is estimated to be in the range of 5M - 25M EUR.

How is the data for the GROUPE IEF2I acquisition sourced and is it reliable?

Mynth data is contributed by a professional community of M&A and Private Equity experts. Each transaction, including the GROUPE IEF2I deal, is systematically cross-verified by our team using private deal documents and official sources. You can also find the official press release for this transaction here: https://www.anderapartners.com/fr/andera-acto-investit-aux-cotes-de-la-fondatrice-et-des-actionnaires-historiques-du-groupe-ief2i-dans-la-reorganisation-du-capital-du-groupe-afin-de-les-accompagner-dans-le-prochain-cycle-de-developpem/

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Home Database Retail & ConsumerGROUPE IEF2I

12/2024

GROUPE IEF2I acquired by ANDERA PARTNERS

FRANCE Education / Education Providers EV 100M - 350M EUR

Context

IEF2I Education has completed a new buy-out led by its founder in partnership with Andera Acto. The transaction was structured as a sponsorless deal, allowing the founder to significantly strengthen her majority control. This strategic shift follows a period of political uncertainty in France regarding apprenticeship subsidies, leading the group to favor a flexible equity solution over a full trade sale. Historical minority shareholders MBO+ and Naxicap Partners have partially exited but reinvested to maintain a minority stake. The financing package, totaling approximately 20 million euros, is predominantly composed of non-dilutive mezzanine instruments with a smaller equity component. The deal is further supported by a senior bank debt arranged by Caisse d’Épargne, with a leverage ratio maintained below three times EBITDA. The new capital will be used to fuel the group’s buy-and-build strategy to expand its range of educational programs and geographic footprint.

It is worth noting that the fund Mbo+ / Alliance Entreprendre took control of Groupe Ief2i through an LBO in 2021.

GROUPE IEF2I, which reported an EBITDA margin of in 2024, is valued in this transaction at an EV/EBITDA multiple of , representing a to the average currently observed in the Retail & Consumer sector (11.2x).

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Target

Founded in 1998, IEF2I Education is a leading French vocational training network based in the Île-de-France region. The group operates six campuses through three specialized entities: Institut F2I, Digital School of Paris, and Cogefi. Its business model focuses on delivering professional degree programs ranging from Bachelor's to Master's levels (Bac to Bac+5) in high-demand fields such as digital technology, IT, and business management. Training approximately 4,000 students annually, the group relies heavily on an apprenticeship-led model, providing a bridge between academic learning and corporate workforce needs. Its value proposition is centered on career-oriented education with a strong track record in student employability within the Paris metropolitan area's tech and business ecosystems.

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (EUR)

Year

Rev

EBITDA

EBIT

2024

2023

Other operations with GROUPE IEF2I

List of similar M&A transactions (Date, Acquirer, Target, Country, Sub-sector)
Date	Acquirer	Target	Country	Sector
07/2021	MBO+ / ALLIANCE ENTREPRENDRE	GROUPE IEF2I	FRANCE	Education Providers

REFERENCES

Valuation range: EV 100M - 350M EUR

Revenue range: 10M - 30M 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 IEF2I 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.

Press release: view release

Acquirer: andera partners