mynth
10/2016

SAGEMCOM acquired by CHARTERHOUSE

FRANCE Hardware & Electronics / IT Equipment / IoT & Connected Objects EV 300M - 700M EUR

Context

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. Following a period of tracking the asset for several years, Charterhouse secured exclusivity to partner with the existing management team, led by Patrick Sevian. To adequately capitalize this entry, the deal structure was supported by a syndicate of six banks. This strategic partnership is strictly engineered to accelerate Sagemcom's R&D capabilities and consolidate its leadership in the broadband and energy markets.

SAGEMCOM, which reported an EBITDA margin of LOGIN in 2016, is valued in this transaction at an EV/EBITDA multiple of LOGIN, a level LOGIN than 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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Multiples

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EV / EBITDA

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EV / EBIT

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Historical Financials (EUR)

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2016
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2015
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Other operations with SAGEMCOM

List of similar M&A transactions (Date, Acquirer, Target, Country, Sector, Deal Context)
DateAcquirerTargetCountrySectorDeal Context
07/2023CHARTERHOUSESAGEMCOMFRANCEHardware & Electronics

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

REFERENCES

Valuation range: EV 300M - 700M EUR

Revenue range: 750M - 1.3b EUR

EBITDA range: 50M - 100M 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