MBO+ invests in EMAGINE
Context
The deal involves the opening of EMAGINE's capital to MBO PARTENAIRES, allowing the company to take independence from its former parent group GFT. The transaction is led by EMAGINE's management team, led by Jean-François Bodin, who become majority shareholders. The deal provides EMAGINE with the financial resources and support to pursue its development objectives, including accelerating its growth and expanding its international presence through potential acquisitions. The partnership with MBO PARTENAIRES brings expertise and resources to support EMAGINE's strategic plans, including reinforcing its positioning as a specialist in niche markets and pursuing its international development.
EMAGINE, which reported an EBITDA margin of LOGIN in 2015, is valued in this transaction at an EV/EBITDA multiple of LOGIN, a level to compare with the average currently observed in the Business Services sector (11.1x).
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
Founded in 1989, emagine is one of Europe’s leading high-end business and IT consulting firms. Its business model relies on a "practitioner-led" approach, utilizing a core team of senior consultants supported by a global professional network of over 500,000 specialists. The company’s value proposition focuses on providing disciplined delivery for complex, large-scale transformation programs across 13 countries.
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Historical Financials (EUR)
Other operations with EMAGINE
| Date | Acquirer | Target | Country | Sector | Deal Context |
|---|---|---|---|---|---|
| 01/2026 | EMAGINE | WAADA THE MOVEMENT | NETHERLANDS | Industrial Services | Emagine has completed the 100% acquisition of the Dutch consultancy Waada The Movement, following a preliminary agreement reached in January 2026. The transaction fully integrates Waada’s specialized brands, Prowareness and DevOn, into emagine’s unified global operating model |
| 09/2021 | PRODATA CONSULT | EMAGINE | DENMARK | Industrial Services | ProData Consult, facilitated by its majority shareholder Axcel, has acquired 100% of the French-headquartered emagine Group. This transformative acquisition represents ProData’s fourth deal in less than two years and serves as a cornerstone for its expansion outside the Nordics |
REFERENCES
Revenue range: 50M - 100M EUR
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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: emagine
Acquirer: mbo+