At what enterprise value was SAGEMCOM acquired in 2023?

During the acquisition of SAGEMCOM by CHARTERHOUSE in 2023, the company was valued at an estimated revenue multiple of below 5x. The transaction's Enterprise Value is estimated to be in the range of 1b - 4b EUR. By registering for free, you get access to complete and exact transaction details including enterprise value, revenue, and EBITDA. Additionally, our database shows that the TMT (Tech, Media, Telecom) industry currently tracks an average EBITDA multiple of 14.4x, providing a valuable benchmark for this transaction.

What was the EV/EBITDA of SAGEMCOM when it was acquired by CHARTERHOUSE?

The estimated EV/EBITDA multiple for SAGEMCOM is in the range of 5x - 12x. For comparison, the TMT (Tech, Media, Telecom) sector currently shows an average EBITDA multiple of 14.4x. Join our community for free to access full valuation data and industry trends.

When was SAGEMCOM acquired by CHARTERHOUSE?

SAGEMCOM was acquired by CHARTERHOUSE in 2023.

What was the revenue of SAGEMCOM at the time of the deal?

The revenue of SAGEMCOM at the time of the deal is estimated to be in the range of 2.5b - 5b EUR. Register for free to access the full transaction report and exact valuation multiples.

What was the EBITDA of SAGEMCOM during the acquisition?

SAGEMCOM's EBITDA is estimated to be in the range of 100M - 200M EUR. Join our community for free to access complete and exact deal data.

What is Enterprise Value (EV)?

Enterprise Value (EV) is a measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization. EV includes in its calculation the market capitalization of a company but also short-term and long-term debt as well as any cash on the company's balance sheet.

What is the EV/EBITDA multiple and why is it used?

The EV/EBITDA multiple is a financial ratio that compares a company's Enterprise Value (EV) to its Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA). It is widely used in M&A and valuation because it allows for comparisons between companies with different capital structures and provides a clear view of operational profitability.

How is the data for the SAGEMCOM 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 SAGEMCOM 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.charterhouse.co.uk/news/charterhouse-capital-partners-and-sagemcom-extend-their-partnership/

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Home Database TMT (Tech, Media, Telecom)SAGEMCOM

07/2023

SAGEMCOM acquired by CHARTERHOUSE

FRANCE Hardware & Electronics / IT Equipment / IoT & Connected Objects EV 1b - 4b EUR

Context

Charterhouse successfully structured a massive continuation vehicle to acquire absolute majority control of Sagemcom from its tenth flagship fund, marking one of the largest single-asset GP-led transactions in Europe for 2023. Following an intensive competitive price-discovery process managed by Lazard, Charterhouse secured exclusivity to lead this new cycle alongside a powerhouse syndicate led by AlpInvest. To adequately capitalize this new phase, the transaction incorporates a sophisticated €775M "corporate hybrid" debt package (refinanced in 2022) provided by a consortium of 16 banks. This strategic structure is engineered to provide Sagemcom with a dedicated €100M M&A envelope to accelerate internal innovation and execute targeted bolt-on acquisitions, such as the recent purchase of AI-specialist Odit-e.

It is worth noting that the fund Charterhouse took control of Sagemcom through an LBO in 2016.

SAGEMCOM, which reported an EBITDA margin of LOGIN in 2022, is valued in this transaction at an EV/EBITDA multiple of LOGIN, a level LOGIN as low as the average currently observed in the TMT (Tech, Media, Telecom) sector (14.4x).

Note that this data is based on contribution from our growing community, composed of M&A and Private Equity professionals, and has been verified by our team to ensure its accuracy.

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

Target

Sagemcom is a global high-tech leader in communicating terminals with high added value. The group operates across three main markets: Broadband (gateways, routers, Wi-Fi 7), Audio & Video (STB, soundbars), and Energy & Telecom (smart meters for electricity, gas, and water). Under Charterhouse's ownership, the company has transformed into a global giant serving Tier-1 telecom operators and energy utilities worldwide.

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Other operations with SAGEMCOM

List of similar M&A transactions (Date, Acquirer, Target, Country, Sector, Deal Context)
Date	Acquirer	Target	Country	Sector	Deal Context
10/2016	CHARTERHOUSE	SAGEMCOM	FRANCE	Hardware & Electronics	Charterhouse has successfully completed the acquisition of a 70% majority stake in Sagemcom from The Carlyle Group, marking a significant secondary leveraged buyout in the European technology sector. This transaction allows Sagemcom to embark on a new growth cycle focused on the proliferation of connected devices and the global transition to smart utility infrastructure

REFERENCES

Valuation range: EV 1b - 4b EUR

Revenue range: 2.5b - 5b EUR

EBITDA range: 100M - 200M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of SAGEMCOM by CHARTERHOUSE are reserved for mynth community members. Register for free to unlock full data.

Authors: verified mynth contributor (mynth data is contributed by M&A / PE professionals and systematically cross-verified with private deal documents and official press releases).

Press release: view release

Target: sagemcom

Acquirer: charterhouse