At what enterprise value was INDEXIA / GROUPE SFAM acquired in 2018?

During the acquisition of INDEXIA / GROUPE SFAM by ARDIAN in 2018, the company was valued at an estimated revenue multiple of below 5x. The transaction's Enterprise Value is estimated to be in the range of 1b - 4b EUR. By registering for free, you get access to complete and exact transaction details including enterprise value, revenue, and EBITDA. Additionally, our database shows that the Financial Services industry currently tracks an average EBITDA multiple of 12.9x, providing a valuable benchmark for this transaction.

What was the EV/EBITDA of INDEXIA / GROUPE SFAM when it was acquired by ARDIAN?

The exact EV/EBITDA multiple for INDEXIA / GROUPE SFAM is available on mynth capital. For comparison, the Financial Services sector currently shows an average EBITDA multiple of 12.9x. Join our community for free to access full valuation data and industry trends.

When was INDEXIA / GROUPE SFAM acquired by ARDIAN?

INDEXIA / GROUPE SFAM was acquired by ARDIAN in 2018.

What was the revenue of INDEXIA / GROUPE SFAM at the time of the deal?

The revenue of INDEXIA / GROUPE SFAM at the time of the deal is estimated to be in the range of 450M - 900M EUR. Register for free to access the full transaction report and exact valuation multiples.

What is Enterprise Value (EV)?

Enterprise Value (EV) is a measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization. EV includes in its calculation the market capitalization of a company but also short-term and long-term debt as well as any cash on the company's balance sheet.

What is the EV/EBITDA multiple and why is it used?

The EV/EBITDA multiple is a financial ratio that compares a company's Enterprise Value (EV) to its Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA). It is widely used in M&A and valuation because it allows for comparisons between companies with different capital structures and provides a clear view of operational profitability.

How is the data for the INDEXIA / GROUPE SFAM 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 INDEXIA / GROUPE SFAM 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.ardian.com/fr/communiques-de-presse/ardian-prend-une-participation-minoritaire-dans-le-groupe-sfam

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Home Database Financial ServicesINDEXIA / GROUPE SFAM

02/2018

INDEXIA / GROUPE SFAM acquired by ARDIAN

FRANCE Brokerage EV 1b - 4b EUR

Context

Ardian took a minority stake in SFAM to accelerate its international expansion and product diversification. The transaction involved a bond issuance subscribed by ICG. Winch Capital 3 (Edmond de Rothschild Investment Partners), a shareholder since 2016, sold part of its stake but remains an investor. Founder Sadri Fegaier retains control. The strategic roadmap includes launching "Hubside" (a new web service) and expanding operations into Portugal, the Netherlands, and Italy.

INDEXIA / GROUPE SFAM, which reported an EBITDA margin of LOGIN in 2018, is valued in this transaction at an EV/EBITDA multiple of LOGIN, a level to compare with the average currently observed in the Financial Services sector (12.9x).

Note that this data is based on contribution from our growing community, composed of M&A and Private Equity professionals, and has been verified by our team to ensure its accuracy.

-> Deep-dive in Financial Services market trends

Target

Founded in 1999, Indexia (previously SFAM) is a leading European affinity insurance broker. It specializes in premium insurance solutions and services for mobile phones, multimedia products, and high-tech devices. The group manages over 4 million customers and 2,500 partners across Europe.

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01/2019	CVC	APRIL	FRANCE	Brokerage	CVC Capital Partners acquired a 65.13% controlling stake in APRIL from its founder via Evolem. The transaction was followed by a Mandatory Simplified Tender Offer (OPAS) for the remaining shares, leading to the group's delisting
01/2017	GOLDMAN SACHS	GROUPE FINIZY (MEILLEURTAUX)	FRANCE	Brokerage	Goldman Sachs acquired a majority stake in Meilleurtaux, winning a competitive auction process managed by Rothschild & Cie. The seller, Equistone Partners Europe, realized a massive exit after acquiring the asset from BPCE in 2013
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04/2014	EQUISTONE	FINAXY	FRANCE	Brokerage	Equistone Partners Europe acquired a majority stake in Finaxy Group (c.80%), replacing the founding family office. The transaction values the group between €50 million and €100 million. Notably, the initial acquisition was reportedly completed without the use of debt, providing a clean balance sheet to fund an ambitious consolidation plan

REFERENCES

Valuation range: EV 1b - 4b EUR

Revenue range: 450M - 900M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of INDEXIA / GROUPE SFAM by ARDIAN are reserved for mynth community members. Register for free to unlock full data.

Authors: verified mynth contributor (mynth data is contributed by M&A / PE professionals and systematically cross-verified with private deal documents and official press releases).

Press release: view release

Acquirer: ardian