mynth
08/2024

OCTIME GROUP acquired by IK PARTNERS

FRANCE Software / ERP, HR & Finance REV 25M - 50M EUR

Context

IK Partners acquired a minority stake in Octime, marking the company's 5th LBO cycle. The President and key managers retain a majority stake (~55%). Andera Partners remains a minority shareholder, while Capza exited its position after an 8-year tenure. The deal is supported by senior debt. The strategic objective is to double Octime's revenue within five years through organic growth in France and an active build-up strategy in neighboring countries and Northern Europe.

OCTIME GROUP, 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 TMT (Tech, Media, Telecom) sector (14.5x).

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Target

Founded in 1999, Octime is a leading French software editor specializing in workforce management and time & attendance solutions. The group has a dominant position in the healthcare and medico-social sectors. Its SaaS platform helps organizations optimize scheduling, track working hours, and manage HR administrative tasks. It operates in France, Spain, Portugal, and Latin America.

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (EUR)

Year
Rev
EBITDA
EBIT
2024
2023

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REFERENCES

Revenue range: 25M - 50M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of OCTIME GROUP by IK 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: ik partners