At what enterprise value was GROUPE OPEN acquired in 2020?

During the acquisition of GROUPE OPEN by MONTEFIORE INVESTMENT in 2020, the transaction's Enterprise Value is estimated to be in the range of 100M - 350M EUR.

What was the EV/EBITDA of GROUPE OPEN when it was acquired by MONTEFIORE INVESTMENT?

The estimated EV/EBITDA multiple for GROUPE OPEN is in the range of 5x - 12x.

When was GROUPE OPEN acquired by MONTEFIORE INVESTMENT?

GROUPE OPEN was acquired by MONTEFIORE INVESTMENT in 2020.

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

The revenue of GROUPE OPEN at the time of the deal is estimated to be in the range of 250M - 500M EUR.

What was the EBITDA of GROUPE OPEN during the acquisition?

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

How is the data for the GROUPE OPEN 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 OPEN 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.boursier.com/actions/actualites/news/groupe-open-les-fondateurs-et-un-fonds-gere-par-montefiore-investment-lancent-une-opa-a-15-euros-828066.html

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Home Database TMT (Tech, Media, Telecom)GROUPE OPEN

10/2020

GROUPE OPEN acquired by MONTEFIORE INVESTMENT

FRANCE IT Services / Consulting & Integration EV 100M - 350M EUR

Context

Groupe Open announces the signing of an exclusive negotiation agreement between the founders and Montefiore Investment, with a view to concluding an investment agreement to launch a mandatory public tender offer for Groupe Open shares. The transaction aims to accelerate Groupe Open's transformation and put the group back on a growth trajectory by providing it with the means to finance the investments necessary for this transformation. These financial resources should in particular enable Groupe Open to make dilutive acquisitions in the short term with the aim of creating value within a 4- to 5-year timeframe.

GROUPE OPEN, 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 (14.6x).

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Target

Groupe Open (founded in 1989 by Frédéric Sebag) is a leading French IT services company specializing in the digital and industrial transformation of corporate enterprises and public institutions. Previously listed on Euronext Paris, the group was taken private in 2022. Its business model operates through three core complementary operational pillars: digital strategy consulting, application services, and infrastructure solutions, with a deep technical focus on high-growth verticals including Move-to-Cloud architectures, Data, and Artificial Intelligence.

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REFERENCES

Valuation range: EV 100M - 350M EUR

Revenue range: 250M - 500M 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 OPEN by MONTEFIORE INVESTMENT 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.

Target: groupe open

Acquirer: montefiore investment