When was LM INFORMATION acquired by PRENAX GROUP?

LM INFORMATION was acquired by PRENAX GROUP in 2020.

What was the revenue of LM INFORMATION at the time of the deal?

The revenue of LM INFORMATION at the time of the deal is estimated to be in the range of 100M - 200M EUR.

How is the data for the LM INFORMATION 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 LM INFORMATION 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://www.anderapartners.com/fr/reinvestissement-dans-prenax/

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11/2020

LM INFORMATION acquired by PRENAX GROUP

FINLAND Facility Management / BPO & Outsourcing REV 100M - 200M EUR

Context

Prenax acquired LM Information's subscription management activities and its US subsidiary LM Inc. in a transaction executed simultaneously with LBO France's majority investment in Prenax. The acquisition is transformative in nature, combining two highly complementary businesses — Prenax's strong corporate client base and Western European footprint with LM Information's deep academic and public sector expertise and presence across Northern and Central Europe — to create the independent European leader in information subscription procurement. The two entities present strong geographic complementarity particularly in Spain, Belgium, and the Netherlands, with significant synergies expected from the combination.

LM INFORMATION, which reported an EBITDA margin of in 2020, is valued in this transaction at an EV/EBITDA multiple of , a level to compare with the average currently observed in the Business Services sector (11.5x).

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Target

LM Information is a Finnish business process outsourcing company specialising in the management of information subscriptions — covering press, journals, and databases — for corporate, public sector, and academic clients. The fourth largest European player in its sector, LM Information operates in approximately ten countries with a particularly strong footprint among academic and public sector institutions, and to a lesser extent among private companies. The business presents strong geographic coverage across Northern and Central Europe, with notable presence in Spain, Belgium, and the Netherlands. LM Information also operates a US subsidiary, LM Inc., providing it with a North American presence alongside its core European operations.

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (EUR)

Year

Rev

EBITDA

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2020

2019

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REFERENCES

Revenue range: 100M - 200M EUR

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Authors: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.