At what enterprise value was POINT VISION acquired in 2021?

During the acquisition of POINT VISION by ARES / BPIFRANCE in 2021, the transaction's Enterprise Value is estimated to be in the range of 300M - 700M EUR.

What was the EV/EBITDA of POINT VISION when it was acquired by ARES / BPIFRANCE?

The estimated EV/EBITDA multiple for POINT VISION is in the range of Above 20x.

When was POINT VISION acquired by ARES / BPIFRANCE?

POINT VISION was acquired by ARES / BPIFRANCE in 2021.

What was the revenue of POINT VISION at the time of the deal?

The revenue of POINT VISION at the time of the deal is estimated to be in the range of 50M - 100M EUR.

What was the EBITDA of POINT VISION during the acquisition?

POINT VISION's EBITDA is estimated to be in the range of 5M - 25M EUR.

How is the data for the POINT VISION 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 POINT VISION 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/ares-et-bpifrance-succedent-a-abenex-chez-point-vision-1354679

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Home Database Healthcare & PharmaPOINT VISION

10/2021

POINT VISION acquired by ARES & BPIFRANCE

FRANCE Health Providers / Outpatient Care / Ophthalmology EV 300M - 700M EUR

Context

Ares Management acquired a majority stake in Point Vision following a highly competitive auction process (beating Adagia, Ramsay, and Elsan). Bpifrance joined as a minority shareholder alongside Ares and the three founders who reinvested. Abenex, which entered in 2014 and held the majority since 2019, fully exited. The financing was secured through a unitranche facility provided by Tikehau Capital. The strategy focuses on expanding territorial coverage (especially in Auvergne-Rhone-Alpes and Ile-de-France) and digitizing the patient journey.

POINT VISION, which reported an EBITDA margin of in 2021, is valued in this transaction at an EV/EBITDA multiple of , representing a to the average currently observed in the Healthcare & Pharma sector (15.6x).

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Target

Point Vision is the leading operator of ophthalmology centers in France. Founded in 2012 by Dr. François Pelen, Patrice Pouts, and Raphael Schnitzer, the group was created to address a critical structural issue in the French healthcare system: the extreme shortage of ophthalmologists and the resulting excessive waiting times for appointments (often 3 to 6 months).

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (EUR)

Year

Rev

EBITDA

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2021

2020

Other operations with POINT VISION

List of similar M&A transactions (Date, Acquirer, Target, Country, Sub-sector)
Date	Acquirer	Target	Country	Sector
01/2026	POINT VISION	CLINIQUE DE LA VISION (REFRACT SAS)	FRANCE	Ophthalmology

REFERENCES

Valuation range: EV 300M - 700M EUR

Revenue range: 50M - 100M 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 POINT VISION by ARES / BPIFRANCE 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.

Target: point vision

Acquirer: ares / bpifrance