SAGEMCOM acquired by CHARTERHOUSE
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 in 2016, is valued in this transaction at an EV/EBITDA multiple of , a level than the average currently observed in the TMT (Tech, Media, Telecom) sector (15.1x).
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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.
Ent. Value
Equity Value
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EV / Revenue
EV / EBITDA
EV / EBIT
Historical Financials (EUR)
Other operations with SAGEMCOM
| Date | Acquirer | Target | Country | Sector |
|---|---|---|---|---|
| 07/2023 | CHARTERHOUSE | SAGEMCOM | FRANCE | IoT & Connected Objects |
REFERENCES
Valuation range: EV 300M - 700M EUR
Revenue range: 750M - 1.3b EUR
EBITDA range: 50M - 100M 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.
Press release: view release
Target: sagemcom
Acquirer: charterhouse