RIVALIS-HENRRI acquired by MANAGEMENT & PRIVATE INVESTORS
Context
The founders of Rivalis-Henrri have bought back the 20% stake held by Ardian Growth. This transaction is a classic sponsorless management buyout, marking the complete exit of the private equity fund that had supported the company since its delisting several years prior. The founding management team effectively leveraged a comprehensive senior debt package, syndicated by a consortium of historical banking partners, to repurchase all outstanding externally held shares and regain total corporate control. Crucially, the carefully structured debt facility simultaneously secures vital capital reserves specifically earmarked to trigger the company's inaugural inorganic growth phase. While reclaiming full independence today, the leadership remains open to future capital partnerships once their upcoming acquisition roadmap matures.
RIVALIS-HENRRI, which reported an EBITDA margin of in 2025, 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 (15.3x).
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Target
The company operates a highly successful hybrid business model dedicated to guiding and optimizing small and medium-sized enterprises. It seamlessly combines a vast, nationwide network of independent business advisors with a powerful, proprietary cloud-based management software platform. This dual approach provides comprehensive support, with the software division acting as the primary engine for its robust recent organic growth. Managing massive volumes of daily financial workflows for its extensive user base, the firm has established itself as an indispensable partner for small business owners. Now deeply structured and highly profitable, the enterprise is actively preparing to execute a dedicated external growth strategy to further broaden its integrated consulting and software offerings.
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REFERENCES
Revenue range: 5M - 25M EUR
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Authors: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.