KOESIO acquired by MONTEFIORE INVESTMENT, BNP PARIBAS DEVELOPPEMENT, SOCIETE GENERALE CAPITAL PARTENAIRES & CARVEST (CRÉDIT AGRICOLE RÉGIONS INVESTISSEMENT)
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 in 2023, is valued in this transaction at an EV/EBITDA multiple of , a level than the average currently observed in the TMT (Tech, Media, Telecom) sector (15.1x).
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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.
Ent. Value
Equity Value
Multiples
EV / Revenue
EV / EBITDA
EV / EBIT
Historical Financials (EUR)
Other operations with KOESIO
| Date | Acquirer | Target | Country | Sector |
|---|---|---|---|---|
| 10/2023 | KOESIO | ALCATRAZ IT | FRANCE | Operators |
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: 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: montefiore investment / bnp paribas developpement / carvest (crédit agricole régions investissement) / societe generale capital partenaires