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01/2026

SOFIA DEVELOPPEMENT acquired by CORILUS

FRANCE Software / Industry-Specific Software / Healthcare EV 300M - 700M EUR

Context

Corilus acquired Sofia Developpement. This strategic cross-border merger creates a leading Franco-Belgian player with 70,000 users. The transaction marks a successful exit for IK Partners, which nearly doubled the company's valuation in two years through organic growth and key acquisitions (LogicMax, ComptaSante).

As a reminder, the company was previously involved in a leveraged buyout led by Ik Partners in 2022.

SOFIA DEVELOPPEMENT, which reported an EBITDA margin of LOGIN in 2024, is valued in this transaction at an EV/EBITDA multiple of LOGIN, a level to compare with the average currently observed in the TMT (Tech, Media, Telecom) sector (14.3x).

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.

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Target

A leading French developer of SaaS software solutions for private healthcare professionals (nurses, physiotherapists, orthophonists). Its platforms manage medical records, electronic billing (teletransmission), and specialized accounting services.

Ent. Value

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Multiples

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EV / EBITDA

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EV / EBIT

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Historical Financials (EUR)

Year
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2024
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2023
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Other operations with SOFIA DEVELOPPEMENT

List of similar M&A transactions (Date, Acquirer, Target, Country, Sector, Deal Context)
DateAcquirerTargetCountrySectorDeal Context
02/2022IK PARTNERSSOFIA DEVELOPPEMENTFRANCESoftware

IK Partners acquired a majority stake in Sofia Developpement from Extens, Bpifrance, and Capital Croissance. The investment aimed to accelerate the group's transition to a full SaaS model and support a build-up strategy to consolidate the fragmented healthcare software market in France.

REFERENCES

Valuation range: EV 300M - 700M EUR

Revenue range: 25M - 50M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of SOFIA DEVELOPPEMENT by CORILUS 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).