At what enterprise value was JVS GROUP acquired in 2024?

During the acquisition of JVS GROUP by CAPZA in 2024, the transaction's Enterprise Value is estimated to be in the range of 100M - 350M EUR.

What was the EV/EBITDA of JVS GROUP when it was acquired by CAPZA?

The estimated EV/EBITDA multiple for JVS GROUP is in the range of 10x - 18x.

When was JVS GROUP acquired by CAPZA?

JVS GROUP was acquired by CAPZA in 2024.

What was the revenue of JVS GROUP at the time of the deal?

The revenue of JVS GROUP at the time of the deal is estimated to be in the range of 25M - 50M EUR.

What was the EBITDA of JVS GROUP during the acquisition?

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

How is the data for the JVS GROUP 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 JVS GROUP 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://capza.co/fr/news/capza-accompagne-le-developpement-de-jvs/

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Home Database TMT (Tech, Media, Telecom)JVS GROUP

10/2024

JVS GROUP acquired by CAPZA

FRANCE Software / Industry-Specific Software EV 100M - 350M EUR

Context

Following a competitive process led by Oaklins, JVS Group completed its fourth LBO, marking the exit of Parquest, which had been an investor since 2020. Capza invested over €55m (primarily through mezzanine debt and bond tools), while Bpifrance reinvested €6m. Together, the financial investors hold approximately 20% of the capital, leaving nearly 80% of the equity in the hands of a team of 12 managers. This "relution" operation allows the management to significantly increase its control. The transaction is supported by senior debt from the company's historical banking pool. The primary objective is to move to a "higher gear" in external growth, targeting software publishers with functional synergies to consolidate JVS’s strategic position with French municipalities.

It is worth noting that the fund Parquest Capital / Bpifrance took control of Jvs Group through an LBO in 2020.

JVS GROUP, 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 TMT (Tech, Media, Telecom) sector (14.6x).

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

Target

JVS Group is a specialized software editor providing management suites for French local public authorities and town halls. The company’s business model focuses on digitizing administrative functions, infrastructure management (energy, water), and Citizen Relationship Management (CRM). Its value proposition centers on offering a localized, comprehensive ecosystem of digital services that streamline the interactions between city councils and citizens. Strategically, JVS has transitioned toward a SaaS-based model and expanded its portfolio through an active buy-and-build strategy, targeting niche segments like childcare services (Be Attractive) and field service management (Sistec). As of 2019, the group employed 300 staff and served a growing market driven by the public sector's digital transformation.

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (EUR)

Year

Rev

EBITDA

EBIT

2024

2023

Other operations with JVS GROUP

List of similar M&A transactions (Date, Acquirer, Target, Country, Sub-sector)
Date	Acquirer	Target	Country	Sector
04/2020	PARQUEST CAPITAL / BPIFRANCE	JVS GROUP	FRANCE	Industry-Specific Software

REFERENCES

Valuation range: EV 100M - 350M EUR

Revenue range: 25M - 50M 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 JVS GROUP by CAPZA 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: capza