MEOGROUP acquired by ANDERA PARTNERS
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 LOGIN in 2023, is valued in this transaction at an EV/EBITDA multiple of LOGIN, representing a LOGIN to 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 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.
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Historical Financials (EUR)
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REFERENCES
Valuation range: EV 100M - 350M EUR
Revenue range: 100M - 200M EUR
EBITDA range: 5M - 25M 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).
Acquirer: andera partners