At what enterprise value was KOESIO acquired in 2023?

During the acquisition of KOESIO by MONTEFIORE INVESTMENT / BNP PARIBAS DEVELOPPEMENT / SOCIETE GENERALE CAPITAL PARTENAIRES / CARVEST (CRÉDIT AGRICOLE RÉGIONS INVESTISSEMENT) in 2023, 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 500M - 1.5b 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 14.3x, providing a valuable benchmark for this transaction.

What was the revenue of KOESIO at the time of the deal?

The revenue of KOESIO at the time of the deal is estimated to be in the range of 750M - 1.3b EUR. Register for free to access the full transaction report and exact valuation multiples.

What was the EBITDA of KOESIO during the acquisition?

KOESIO's EBITDA is estimated to be in the range of 100M - 200M 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 KOESIO 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 KOESIO 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://montefiore.eu/montefiore-investment-investit-dans-koesio-acteur-de-reference-dans-les-services-numeriques-aupres-des-tpe-pme-et-des-collectivites-locales/

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Home Database TMT (Tech, Media, Telecom)KOESIO

10/2023

KOESIO acquired by MONTEFIORE INVESTMENT, BNP PARIBAS DEVELOPPEMENT, SOCIETE GENERALE CAPITAL PARTENAIRES & CARVEST (CRÉDIT AGRICOLE RÉGIONS INVESTISSEMENT)

FRANCE IT Services / Infrastructure & Cloud / MSP (Managed Services) EV 500M - 1.5b EUR

Context

Koesio has structured an Owner Buy-Out (OBO) in which a consortium led by Montefiore Investment acquired a 25% minority stake in the group. Montefiore holds 16% of the capital, while the three banking partners each hold 3%. The founder and President, Pierre-Eric Brenier, along with CEO Gilles Perrot and key managers, retain the remaining 75% of the shares. The deal is supported by a senior debt facility provided by a banking pool, which includes dedicated lines for future acquisitions. This capital injection follows a period of hyper-growth where Koesio more than doubled its turnover from €415M in 2020 to €1.1B in 2023. The partnership aims to fuel further diversification, particularly in the telecommunications sector.

KOESIO, which reported an EBITDA margin of LOGIN in 2023, is valued in this transaction at an EV/EBITDA multiple of LOGIN, a level LOGIN than the average currently observed in the TMT (Tech, Media, Telecom) sector (14.3x).

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.

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Target

Koesio is a major French player in digital services and office automation, specializing in cloud computing, cybersecurity, and managed print services. The group pursues an aggressive external growth strategy to build a comprehensive "one-stop-shop" for corporate digital transformation. Its investment thesis for Alcatraz IT focuses on integrating specialized telecom infrastructure and regional network density (specifically in Southern France) to enhance its global managed services offering.

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Other operations with KOESIO

List of similar M&A transactions (Date, Acquirer, Target, Country, Sector, Deal Context)
Date	Acquirer	Target	Country	Sector	Deal Context
10/2023	KOESIO	ALCATRAZ IT	FRANCE	Telecom	Koesio has acquired 100% of Alcatraz IT, marking the full exit of Siparex Entrepreneurs (via its Capital Entrepreneurs 5 fund) and the founder, Xavier Lafaure. Siparex had been a minority shareholder since 2021, during which time it supported the company's expansion into the Lille market and the development of proprietary fiber infrastructure

REFERENCES

Valuation range: EV 500M - 1.5b EUR

Revenue range: 750M - 1.3b EUR

EBITDA range: 100M - 200M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of KOESIO by MONTEFIORE INVESTMENT / BNP PARIBAS DEVELOPPEMENT / SOCIETE GENERALE CAPITAL PARTENAIRES / CARVEST (CRÉDIT AGRICOLE RÉGIONS INVESTISSEMENT) 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: montefiore investment / bnp paribas developpement / carvest (crédit agricole régions investissement) / societe generale capital partenaires