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10/2025

MAGELLAN PARTNERS acquired by ICG

FRANCE IT Services / Consulting & Integration EV 500M - 1.5b EUR

Context

Magellan Partners reorganizes its capital structure by welcoming ICG as a new minority shareholder, replacing Capza. This transaction is pivotal as it secures the financing for Magellan's transformative acquisition of Worldline's Mobility & e-Transactional Services (MeTS) business (valued at EUR410m). The deal values Magellan Partners at approximately EUR900 million. By integrating MeTS, the new group will double in size, creating a European leader in secure digital payments and mobility platforms with EUR900 million in revenue.

MAGELLAN PARTNERS, 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 (14.1x).

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

A leading French consulting and technology firm founded in 2008 by Didier Zeitoun. It specializes in "Augmented Transformation," helping companies digitize their operations through partnerships with Microsoft, Salesforce, and AWS. The group employs nearly 3,000 consultants and covers sectors like finance, healthcare, and energy.

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Multiples

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Historical Financials (EUR)

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2024
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Other operations with MAGELLAN PARTNERS

List of similar M&A transactions (Date, Acquirer, Target, Country, Sector, Deal Context)
DateAcquirerTargetCountrySectorDeal Context
11/2025MAGELLAN PARTNERSWORLDLINE METSFRANCESoftware

Magellan Partners signed an agreement to acquire Worldline's MeTS division and select Digital Banking activities for a total consideration of EUR410 million. This acquisition is transformative for Magellan, adding EUR450 million in revenue and expanding its workforce to over 6,700 employees. For Worldline, this disposal is part of a strategic plan to offload non-core assets and refocus purely on Payments.

REFERENCES

Valuation range: EV 500M - 1.5b EUR

Revenue range: 250M - 500M EUR

EBITDA range: 50M - 100M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of MAGELLAN PARTNERS by ICG 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).

Target: magellan partners

Acquirer: icg