Who owns RYDGE CONSEIL?

RYDGE CONSEIL has been 100% owned by TOWERBROOK since September 2025.

At what enterprise value was RYDGE CONSEIL acquired in 2025?

During the acquisition of RYDGE CONSEIL by TOWERBROOK in 2025, the transaction's Enterprise Value is estimated to be in the range of 300M - 700M EUR.

When was RYDGE CONSEIL acquired by TOWERBROOK?

RYDGE CONSEIL was acquired by TOWERBROOK in 2025.

What was the revenue of RYDGE CONSEIL at the time of the deal?

The revenue of RYDGE CONSEIL at the time of the deal is estimated to be in the range of 250M - 500M EUR.

How is the data for the RYDGE CONSEIL 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 RYDGE CONSEIL 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://www.towerbrook.com/towerbrook-fund-vi-completes-acquisition-of-rydge-conseil-the-former-chartered-accountancy-division-of-kpmg-france/

What is the average EV/EBITDA multiple for the Business Services sector in 2026?

The average EV/EBITDA multiple for the Business Services sector in 2026 is 11.4x.

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Home Database Business ServicesRYDGE CONSEIL

09/2025

RYDGE CONSEIL acquired by TOWERBROOK

FRANCE Professional Services / Consulting & Audit / Accounting & Audit EV 300M - 700M EUR

Context

TowerBrook Fund VI completed the acquisition of RYDGE Conseil, the former chartered accountancy arm of KPMG France. This complex carve-out creates a new independent leader in the French SME services market. TowerBrook intends to support a transformational phase, investing in scalable infrastructure and digital tools while maintaining the partnership-driven culture of the firm. Francois Enaud (formerly Steria) joins as Chairman to guide the strategic transition away from the Big Four network.

RYDGE CONSEIL, which reported an EBITDA margin of in 2024, is valued in this transaction at an EV/EBITDA multiple of , a level to compare with the average currently observed in the Business Services sector (11.4x).

-> Deep-dive in Business Services market trends

Target

RYDGE Conseil is a leading French provider of essential business services, formerly operating as the Chartered Accountancy (Expertise Comptable) division of KPMG France. The company delivers mission-critical solutions in accounting, payroll, tax, legal, and advisory services specifically tailored for small and medium-sized enterprises (SMEs). It operates through a vast national network of local offices.

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (EUR)

Year

Rev

EBITDA

EBIT

2024

2023

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REFERENCES

Valuation range: EV 300M - 700M EUR

Revenue range: 250M - 500M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of RYDGE CONSEIL by TOWERBROOK 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.

Press release: view release

Acquirer: towerbrook