At what enterprise value was NOOUS acquired in 2025?

During the acquisition of NOOUS by SIPAREX in 2025, the transaction's Enterprise Value is estimated to be in the range of 10M - 30M EUR.

When was NOOUS acquired by SIPAREX?

NOOUS was acquired by SIPAREX in 2025.

What was the revenue of NOOUS at the time of the deal?

The revenue of NOOUS at the time of the deal is estimated to be in the range of 10M - 30M EUR.

How is the data for the NOOUS acquisition sourced and is it reliable?

Mynth data is contributed by a professional community of M&A and Private Equity experts. Each transaction, including the NOOUS deal, is systematically cross-verified by our team using private deal documents and official sources. You can also find the official press release for this transaction here: https://capitalfinance.lesechos.fr/deals/lbo/siparex-structure-le-premier-lbo-de-noous-2161451

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Home Database Business ServicesNOOUS

04/2025

NOOUS acquired by SIPAREX

FRANCE Professional Services / HR & Capital / Recruitment / Headhunting EV 10M - 30M EUR

Context

Siparex Entrepreneurs and Bpifrance acquired a majority stake in NOOUS, marking the group's first opening of capital since its creation 25 years ago. The transaction orchestrates a managerial transition: historical founder retains a significant minority stake but passes the CEO role, while 8 key managers (7 of whom are women) invest in the company. The new funds and governance structure aim to accelerate NOOUS's development through organic expansion of its service offer and targeted external growth acquisitions to consolidate the fragmented HR consulting market.

NOOUS, which reported an EBITDA margin of in 2024, is valued in this transaction at an EV/EBITDA multiple of , a level to compare with the average currently observed in the Business Services sector (11.6x).

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Target

NOOUS is a French consulting and outsourcing agency dedicated to Human Resources performance. Headquartered near Toulouse with 5 regional offices, the group employs 285 people and serves over 300 clients (Mid-caps and Key Accounts). NOOUS offers an integrated approach covering three pillars: HR Consulting & Engineering (strategy, compliance), Outsourcing (management of training plans, work-study programs, temp work), and Digital Solutions (via its proprietary software "Eleo"). The company differentiates itself by managing the entire administrative and strategic lifecycle of HR functions.

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (EUR)

Year

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2024

2023

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REFERENCES

Valuation range: EV 10M - 30M EUR

Revenue range: 10M - 30M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of NOOUS by SIPAREX 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: siparex