mynth
01/2024

MEOGROUP acquired by ANDERA PARTNERS

FRANCE Professional Services / Consulting & Audit EV 100M - 350M EUR

Context

Andera Partners acquired a minority stake in Meogroup, partnering with the founder and the CEO, who remain at the helm. This transaction, marking a new development cycle for the group, allows Meogroup to restructure its capital while securing significant financial resources to pursue its buy-and-build strategy. Supported by a pool of senior financing led by LCL and Credit Agricole, the group aims to accelerate its international expansion and broaden its service offerings, following a successful streak of five acquisitions in the past three years (including Cristal Decisions and Cost House).

MEOGROUP, which reported an EBITDA margin of in 2023, is valued in this transaction at an EV/EBITDA multiple of , representing a to the average currently observed in the Business Services sector (11.4x).

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Target

Founded in 2005, Meogroup is a leading business performance consultancy specializing in operational support. Originally focused on purchasing and project management (under the Meotec brand), the group has diversified its expertise into supply chain optimization, financial controlling, redesign-to-cost, and human resources.

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (EUR)

Year
Rev
EBITDA
EBIT
2023
2022

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REFERENCES

Valuation range: EV 100M - 350M EUR

Revenue range: 100M - 200M EUR

EBITDA range: 5M - 25M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of MEOGROUP by ANDERA PARTNERS 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: andera partners