At what enterprise value was JVS GROUP acquired in 2024?

During the acquisition of JVS GROUP by CAPZA in 2024, 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 100M - 350M 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 TMT (Tech, Media, Telecom) industry currently tracks an average EBITDA multiple of 13.3x, providing a valuable benchmark for this transaction.

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. For comparison, the TMT (Tech, Media, Telecom) sector currently shows an average EBITDA multiple of 13.3x. Join our community for free to access full valuation data and industry trends.

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. Register for free to access the full transaction report and exact valuation multiples.

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. Join our community for free to access complete and exact deal data.

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 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

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.

JVS GROUP, which reported an EBITDA margin of LOGIN in 2024, is valued in this transaction at an EV/EBITDA multiple of LOGIN, representing a level LOGIN the average currently observed in the TMT (Tech, Media, Telecom) sector (13.3x).

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 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

Date	Acquirer	Target	Country	Sector	Deal Context
04/2020	PARQUEST CAPITAL / BPIFRANCE	JVS GROUP	FRANCE	Software	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.

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: 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: capza