mynth
← DATABASE
03/2026Sponsorless

Rivalis-Henrri acquired by Management & Private Investors

FRANCE Software / ERP, HR & Finance REV €5–25M

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 [members only] in 2025, is valued in this transaction at an EV/EBITDA multiple of [members only], to compare with the average currently observed in the TMT (Tech, Media, Telecom) sector (14.6x in 2026).

-> Deep-dive in TMT (Tech, Media, Telecom) market trends

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.

Ent. Value

[members only]

Equity Value

[members only]

Multiples

EV / Revenue

[members only]

EV / EBITDA

[members only]

EV / EBIT

[members only]

Historical Financials (EUR)

Year
Rev
EBITDA
EBIT
2025
€5–25M
[members only]
[members only]
2024
€5–25M
[members only]
[members only]

Other operations with Management & Private Investors

Other operations with Management & Private Investors
DateAcquirerTargetCountrySector
10/2026MANAGEMENT & PRIVATE INVESTORSLAPEYREFRANCEBuilding & Interior Materials
09/2026MANAGEMENT & PRIVATE INVESTORSIRISH CONTINENTAL GROUP ICGIRELANDMarine Passenger
06/2026MANAGEMENT & PRIVATE INVESTORSJJAFRANCEHome & DIY
03/2026MANAGEMENT & PRIVATE INVESTORSMASA GROUPFRANCEDefense & Aerospace
02/2026MANAGEMENT & PRIVATE INVESTORSPRIMAL GROUP (FORMERLY SOLEM)FRANCEIoT & Connected Objects
01/2026MANAGEMENT & PRIVATE INVESTORSNOVARCFRANCEComponents
11/2025MANAGEMENT & PRIVATE INVESTORSPOGGIPOLINIITALYComponents
12/2023MANAGEMENT & PRIVATE INVESTORSATELIERS DE FRANCE (FORMERLY MERIGUET-CARRERE)FRANCEFinishing Works
08/2018MANAGEMENT & PRIVATE INVESTORSDESIGUALSPAINFashion & Apparel
07/2018MANAGEMENT & PRIVATE INVESTORSBETJEMAN & BARTONFRANCECoffee & Tea

Similar deals in Software

Similar deals in Software
DateAcquirerTargetCountrySector
04/2026LONG PATH PARTNERSIDOXUNITED KINGDOMIndustry-Specific Software
04/2026IKS HEALTHTRUBRIDGEUNITED STATESHealthcare
03/2026MTIPVERIFARMASPAINHealthcare
03/2026INSIGHT PARTNERSWONDERFULNETHERLANDSData, Analytics & AI
03/2026AXCELGEOMATIKKNORWAYIndustry-Specific Software
03/2026TOTAL SPECIFIC SOLUTIONS (TSS)CYBERJETFRANCEDefense & Aerospace
03/2026MAIN CAPITAL PARTNERSGINGCO SYSTEMSGERMANYCollaboration & Productivity
03/2026MANAGEMENT & PRIVATE INVESTORSMASA GROUPFRANCEDefense & Aerospace
03/2026ASMODEE GROUPATM GAMINGFRANCEGaming & Consumer Apps
03/2026NORVESTORZALARISNORWAYERP, HR & Finance

REFERENCES

Revenue range: REV €5–25M

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of Rivalis-Henrri by Management & Private Investors 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.

FAQ

What was Rivalis-Henrri’s revenue at the time of the deal?

At the time of the transaction, Rivalis-Henrri’s annual revenue was estimated within the €5–25M range (FY 2025). Detailed financial figures are available to members.

How does the valuation of Rivalis-Henrri compare to benchmarks in the TMT (Tech, Media, Telecom) sector?

Transaction multiples for this specific deal are exclusively reserved for mynth members. Nevertheless, transactions tracked by mynth in this sector reveal an average benchmark multiple of 14.6x EBITDA during 2026.

What sources support the information on this transaction?

Transaction data and operational intelligence were compiled from independent financial press reporting by specialized M&A publications.

What is mynth?

mynth is the first free M&A database dedicated to Small & Mid-Cap transactions. We centralize Enterprise Values, revenue multiples, EBITDA multiples and transaction financials that are typically locked behind five-figure subscriptions on platforms like Capital IQ or Mergermarket. On mynth, searching and browsing deals is completely free. Our mission is simple: make professional-grade valuation intelligence accessible to every M&A advisor, independent consultant, Private Equity professional and student, without the burden of expensive annual licenses.