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PRENAX GROUP

Acquired by

LBO FRANCE / ANDERA PARTNERS

SWEDEN Facility Management REV [100m EUR - 500m EUR] 11/2020

Target

PRENAX GROUP

Acquirer

LBO FRANCE / ANDERA PARTNERS

Context

LBO France acquired a majority stake in Prenax concomitantly with Prenax's acquisition of LM Information's subscription management activities and its US subsidiary LM Inc. The combined entity — with a total business volume of approximately €250 million — becomes the independent European leader in information subscription procurement, serving large corporates, public institutions, and academic clients across France, the United States, the United Kingdom, Australia, and the Nordic countries. Andera Partners reinvested alongside LBO France through its ActoMezz III fund, having been a minority shareholder for three years prior.

Target

Prenax Group is the independent European leader in outsourced subscription management services, providing companies with comprehensive management of their professional information subscriptions — covering periodicals, journals, databases, and other recurring information services — on behalf of corporate and institutional clients. The group was built into its current scale through an active buy-and-build strategy.

Ent. Value

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Equity Value

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Multiples Analysis

EV / Revenue

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EV / EBITDA

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EV / EBIT

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Historical Financials (EUR)

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2020
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2019
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Other operations with PRENAX GROUP

DateTargetCountrySectorTarget DescriptionAcquirer
06/2025PRENAX GROUPSWEDEN
Facility Management

Prenax Group is the independent European leader in outsourced subscription management services, providing companies with comprehensive management of their professional information subscriptions — covering periodicals, journals, databases, and other recurring information services — on behalf of corporate and institutional clients. The group was built into its current scale through an active buy-and-build strategy.

TRITON PARTNERS
11/2020LM INFORMATIONFINLAND
Facility Management

LM Information is a Finnish business process outsourcing company specialising in the management of information subscriptions — covering press, journals, and databases — for corporate, public sector, and academic clients. The fourth largest European player in its sector, LM Information operates in approximately ten countries with a particularly strong footprint among academic and public sector institutions, and to a lesser extent among private companies. The business presents strong geographic coverage across Northern and Central Europe, with notable presence in Spain, Belgium, and the Netherlands. LM Information also operates a US subsidiary, LM Inc., providing it with a North American presence alongside its core European operations.

PRENAX GROUP