Spartes completes a "Sponsorless" transaction with Andera Partners (Andera Acto). This operation allows the management team to reorganize the shareholder structure and provide liquidity to some historical partners without ceding control to a majority private equity fund. This financial backing aims to accelerate Spartes' development, particularly through the expansion of its digital service offering and potential small-scale acquisitions to complement its expertise in tax and social cost optimization.

The transaction values SPARTES at an EV/Revenue multiple of LOGIN.

This transaction is part of the Business Services industry, which currently tracks an average EBITDA multiple of 11.3x since the beginning of 2026, a stable level compared to 2025. 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.