At what enterprise value was QUESTEL GROUP acquired in 2015?

During the acquisition of QUESTEL GROUP by RAISE in 2015, the transaction's Enterprise Value is estimated to be in the range of 50M - 150M EUR.

What was the EV/EBITDA of QUESTEL GROUP when it was acquired by RAISE?

The estimated EV/EBITDA multiple for QUESTEL GROUP is in the range of 5x - 12x.

When was QUESTEL GROUP acquired by RAISE?

QUESTEL GROUP was acquired by RAISE in 2015.

What was the revenue of QUESTEL GROUP at the time of the deal?

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

What was the EBITDA of QUESTEL GROUP during the acquisition?

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

How is the data for the QUESTEL GROUP 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 QUESTEL GROUP 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/ik-investment-partners-entame-des-negociations-exclusives-pour-entrer-au-capital-de-questel-126354

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Home Database TMT (Tech, Media, Telecom)QUESTEL GROUP

06/2015

QUESTEL GROUP acquired by RAISE

FRANCE Software / Industry-Specific Software EV 50M - 150M EUR

Context

Raise Investissement and Capza (Capzanine) acquired a combined 45% stake in Questel in a secondary LBO transaction, facilitating the exit of Syntegra Capital, which had been the majority shareholder since 2008. The strategic rationale for the acquisition was to provide the financial resources and expertise needed to execute an aggressive buy-and-build strategy in the fragmented intellectual property services market. By backing CEO Charles Besson, the investors aimed to support Questel’s transition toward an integrated software and services platform and to strengthen its presence in key international markets, particularly North America. This transaction set the foundation for Questel's rapid expansion, enabling multiple strategic acquisitions—such as the purchase of ITIP—which eventually led to a significant increase in the company's valuation and operational scale.

QUESTEL GROUP, which reported an EBITDA margin of in 2014, is valued in this transaction at an EV/EBITDA multiple of , representing a to the average currently observed in the TMT (Tech, Media, Telecom) sector (15.1x).

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Target

Founded in 1978, Questel is a leading global provider of intellectual property (IP) and innovation management solutions. The company’s business model is built on an integrated platform that combines sophisticated software with professional services to manage the entire IP life cycle—from the initial invention and filing to renewals and brand protection. Its value proposition centers on offering a collaborative ecosystem for large multinationals and research organizations, helping them streamline patent and brand management across 30 countries. Strategically, the firm focuses on aggressive international growth and technological integration, having significantly increased its operational scale through a concentrated buy-and-build strategy. With a workforce of 900 people and a client base of nearly 6,000, the organization acts as a critical infrastructure provider for global innovation and corporate legal departments.

Ent. Value

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Historical Financials (EUR)

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Other operations with QUESTEL GROUP

List of similar M&A transactions (Date, Acquirer, Target, Country, Sub-sector)
Date	Acquirer	Target	Country	Sector
10/2020	EURAZEO / IK PARTNERS / RAISE	QUESTEL GROUP	FRANCE	Industry-Specific Software
02/2018	IK PARTNERS	QUESTEL GROUP	FRANCE	Industry-Specific Software

REFERENCES

Valuation range: EV 50M - 150M EUR

Revenue range: 10M - 30M 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 QUESTEL GROUP by RAISE 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: questel group

Acquirer: raise