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11/2022

MEDIASCIENCE acquired by ARKEA CAPITAL, BNP PARIBAS DEVELOPPEMENT & IRD INVEST

FRANCE Education / Educational Equipment REV 50M - 100M EUR

Context

Mediascience completed its fourth LBO, welcoming a new pool of investors led by Arkea Capital, alongside BNP Paribas Developpement and IRD Invest. This transaction marks the exit of Siparex, which had been the majority shareholder since 2012. Simultaneously, Mediascience acquired its competitor Sordalab (EUR13m revenue), creating a group with EUR60m in combined revenue. The financial sponsors invested a joint equity ticket of approximately EUR12 million to hold a large majority of the capital. The deal was initially launched in early 2020 but postponed due to Covid-19 school closures. The financing includes senior debt provided by a banking pool and mezzanine financing (Obligations Remboursables) from Picardie Investissement.

It is worth noting that the fund Siparex took control of Mediascience through an LBO in 2013.

MEDIASCIENCE, which reported an EBITDA margin of in 2021, is valued in this transaction at an EV/EBITDA multiple of , a level to compare with the average currently observed in the Retail & Consumer sector (11.2x).

-> Deep-dive in Retail & Consumer market trends

Target

Mediascience is the French leader in designing and distributing scientific educational equipment for middle and high schools (Physics, Chemistry, Technology). Its historic brand, Jeulin, dates back to 1925. Concurrently with the LBO, the group acquired Sordalab, a competitor specializing in Life & Earth Sciences (SVT - Biology/Geology). The combined entity employs 250 people and covers all scientific disciplines.

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (EUR)

Year
Rev
EBITDA
EBIT
2021
2020

Other operations with MEDIASCIENCE

List of similar M&A transactions (Date, Acquirer, Target, Country, Sub-sector)
DateAcquirerTargetCountrySector
09/2013SIPAREXMEDIASCIENCEFRANCEEducational Equipment

REFERENCES

Revenue 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 MEDIASCIENCE by ARKEA CAPITAL / BNP PARIBAS DEVELOPPEMENT / IRD INVEST 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.

Acquirer: bnp paribas developpement / ird invest / arkea capital