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02/2016MajorityLBO

Towerbrook takes majority stake in Infopro Digital

FRANCE Media & Internet / Content & Publishing / Digital Press EV €500M–1.5bn

Context

TowerBrook Capital Partners entered into an exclusive agreement to reclaim majority control of Infopro Digital from the exiting historical private equity syndicate, led by Apax Partners and Altamir. This transaction marks a secondary leveraged buyout and a notable "comeback" for TowerBrook, which served as the group's original financial sponsor at its inception in 2001. Following a highly competitive auction process managed by a premier investment bank, the returning sponsor secured exclusivity to execute the acquisition alongside a deeply reinvested executive management team. The deal follows a period of rapid consolidation, including the transformative 2013 acquisition of Groupe Moniteur, which solidified Infopro’s position as the French market leader.

Infopro Digital, which reported an EBITDA margin of [members only] in 2016, is valued in this transaction at an EV/EBITDA multiple of 5x–12x, to compare with the average currently observed in the TMT (Tech, Media, Telecom) sector (14.6x in 2026).

-> Deep-dive in TMT (Tech, Media, Telecom) market trends

Target

Infopro Digital is a leading business-to-business information and technology group catering to specialized professional communities across multiple key economic sectors, including construction, automotive, and insurance. The company pioneers digital transformation by offering a comprehensive suite of solutions that seamlessly combine proprietary data, specialized software, digital productivity tools, and targeted marketing platforms. Operating with a massive international footprint across numerous countries, the enterprise generates approximately half of its activity outside its domestic market. Driven by an experienced leadership team, the group is perfectly positioned to leverage its extensive sectoral expertise to empower corporate decision-makers globally.

Ent. Value

€500M–1.5bn

Equity Value

[members only]

Multiples

EV / Revenue

1x–3x

EV / EBITDA

5x–12x

EV / EBIT

10x–18x

Historical Financials (EUR)

Year
Rev
EBITDA
EBIT
2016
€250–500M
€50–100M
€50–100M
2015
€250–500M
€50–100M
€50–100M

Other operations with Infopro Digital

Other operations with Infopro Digital
DateAcquirerTargetCountrySector
05/2023TOWERBROOKINFOPRO DIGITALFRANCEDigital Press
06/2016INFOPRO DIGITALEBPBELGIUMConstruction / Real Estate

Other operations with Towerbrook

Other operations with Towerbrook
DateAcquirerTargetCountrySector
03/2026TOWERBROOKID UNLIMITEDFRANCEOther Sports
03/2026TOWERBROOKEISNERAMPERUNITED STATESAccounting & Audit
01/2026TOWERBROOKMSA MIZARITALYInsurance
09/2025TOWERBROOKRYDGE CONSEILFRANCEAccounting & Audit
08/2025TOWERBROOKAMYLU FOODSUNITED STATESBakery / Pastry
10/2024TOWERBROOKECITNORWAYAccounting & Audit
07/2024TOWERBROOKIDAK FOOD GROUPSWITZERLANDFood Products
06/2023TOWERBROOK / BANIJAY GROUPTHE INDEPENDENTSFRANCEDigital Marketing, SEO, SEA, Data Analytics
05/2023TOWERBROOKINFOPRO DIGITALFRANCEDigital Press
01/2022TOWERBROOKEISNERAMPERUNITED STATESAccounting & Audit

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REFERENCES

Valuation range: EV €500M–1.5bn

Revenue range: €250–500M

EBITDA range: €50–100M

EV/Revenue range: 1x - 3x

EV/EBITDA range: 5x - 12x

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of Infopro Digital by Towerbrook 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: towerbrook

FAQ

What transaction does this page cover?

This page covers the acquisition of a majority stake in Infopro Digital, a French company specialised in Content & Publishing, by Towerbrook in 2016, structured as a leveraged buyout (LBO). Ownership has since evolved, leading to a subsequent transaction with Towerbrook in May 2023 (see the dedicated deal page for details).

How was the acquisition of Infopro Digital by Towerbrook valued, and what multiples were paid?

mynth displays the transaction’s enterprise value within the €500M–1.5bn band, its EV/EBITDA multiple within the 5x - 12x range, and its EV/revenue multiple within the 1x - 3x range. Exact figures are available to members.

What were Infopro Digital’s revenue and EBITDA at the time of the deal?

At the time of the transaction, Infopro Digital generated annual revenue estimated in the €250–500M range and EBITDA in the €50–100M bracket (FY 2016). Detailed financial figures are available to members.

How does the valuation of Infopro Digital compare to benchmarks in the TMT (Tech, Media, Telecom) sector?

With an estimated valuation multiple in the range of 5x - 12x in 2016, the transaction reflects historical valuation standards. By way of comparison, in 2026 companies in the TMT (Tech, Media, Telecom) sector are valued at a multiple of 14.6x EBITDA.

What sources support the information on this transaction?

Transaction intelligence is supported by independent reporting from specialized financial publications, alongside a private document shared by the community and verified by the mynth team to ensure the accuracy of the shared information.

What is mynth?

mynth is the first free M&A database dedicated to Small & Mid-Cap transactions. We centralize Enterprise Values, revenue multiples, EBITDA multiples and transaction financials that are typically locked behind five-figure subscriptions on platforms like Capital IQ or Mergermarket. On mynth, searching and browsing deals is completely free. Our mission is simple: make professional-grade valuation intelligence accessible to every M&A advisor, independent consultant, Private Equity professional and student, without the burden of expensive annual licenses.