At what enterprise value was SOCOTEC acquired in 2024?

During the acquisition of SOCOTEC by BPIFRANCE / MUBADALA in 2024, 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 3b - 100b 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 Business Services industry currently tracks an average EBITDA multiple of 11.3x, providing a valuable benchmark for this transaction.

What was the EV/EBITDA of SOCOTEC when it was acquired by BPIFRANCE / MUBADALA?

The estimated EV/EBITDA multiple for SOCOTEC is in the range of 10x - 18x. For comparison, the Business Services sector currently shows an average EBITDA multiple of 11.3x. Join our community for free to access full valuation data and industry trends.

When was SOCOTEC acquired by BPIFRANCE / MUBADALA?

SOCOTEC was acquired by BPIFRANCE / MUBADALA in 2024.

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

The revenue of SOCOTEC at the time of the deal is estimated to be in the range of 1b - 3b EUR. Register for free to access the full transaction report and exact valuation multiples.

What was the EBITDA of SOCOTEC during the acquisition?

SOCOTEC's EBITDA is estimated to be in the range of 150M - 250M 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 SOCOTEC 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 SOCOTEC 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://capitalfinance.lesechos.fr/deals/lbo/socotec-accueille-bpifrance-et-mubadala-a-son-capital-2092446

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05/2024

SOCOTEC acquired by BPIFRANCE & MUBADALA

FRANCE Industrial Services / TIC (Testing, Inspection, Certification) EV 3b - 100b EUR

Context

SOCOTEC, a leading global provider of Testing, Inspection, Certification, and Compliance (TICC) services for the building and infrastructure sectors, has announced a significant expansion of its shareholder base. Bpifrance and Mubadala Investment Company have taken minority stakes in the group to support its new strategic cycle, "Ambitions 2028." They join historical shareholders COBEPA, which remains the majority owner, and CD&R, an investor since 2019.

Previously, the company had already undergone several LBOs, notably led by Cobepa in 2012 and Clayton, Dubilier & Rice in 2019. These multiple LBO cycles, coupled with several external growth operations, illustrate the strong appeal for this type of asset.

SOCOTEC, which reported an EBITDA margin of in 2023, is valued in this transaction at an EV/EBITDA multiple of , representing a to the average currently observed in the Business Services sector (11.3x).

-> Deep-dive in Business Services market trends

Target

SOCOTEC is a leading international group specialized in Testing, Inspection, and Certification (TIC), serving the construction, infrastructure, and industrial sectors. Operating as a trusted third party, the company ensures the integrity, safety, and performance of built assets throughout their entire lifecycle. Its comprehensive business model encompasses a wide array of technical services, including regulatory compliance monitoring, quality control, environmental consultancy, and risk management. With a robust global presence and a workforce of several thousand specialized engineers, the organization maintains a premier positioning as a technical expert for complex engineering projects. The firm’s value proposition is built on its ability to mitigate operational risks for developers and asset owners while navigating increasingly stringent environmental and safety regulations.

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Other operations with SOCOTEC

List of similar M&A transactions (Date, Acquirer, Target, Country, Sub-sector)
Date	Acquirer	Target	Country	Sector
05/2026	SOCOTEC	LSTC GROUP	UNITED KINGDOM	TIC (Testing, Inspection, Certification)
12/2019	CLAYTON, DUBILIER & RICE (CD&R)	SOCOTEC	FRANCE	TIC (Testing, Inspection, Certification)
12/2013	SOCOTEC	ATS	FRANCE	TIC (Testing, Inspection, Certification)
12/2012	COBEPA	SOCOTEC	FRANCE	TIC (Testing, Inspection, Certification)
07/2008	QUALIUM	SOCOTEC	FRANCE	TIC (Testing, Inspection, Certification)

REFERENCES

Valuation range: EV 3b - 100b EUR

Revenue range: 1b - 3b EUR

EBITDA range: 150M - 250M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of SOCOTEC by BPIFRANCE / MUBADALA 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.

Target: socotec

Acquirer: mubadala / bpifrance