mynth
05/2024

SYSTRA acquired by LATOUR CAPITAL

FRANCE Industrial Services / Engineering & Consulting EV 500M - 1.5b EUR

Context

Latour and Fimalac acquire 58% of the capital of the urban and rail transport engineering specialist, with a valuation of EUR860 million (at 100%) . RATP and SNCF will retain 40% of the capital.

SYSTRA, which reported an EBITDA margin of LOGIN in 2023, is valued in this transaction at an EV/EBITDA multiple of LOGIN, representing a level LOGIN the average currently observed in the Business Services sector (11.1x).

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

Global leader in public transport and rail infrastructure engineering.

Ent. Value

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EV / EBITDA

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EV / EBIT

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Historical Financials (EUR)

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2023
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Other operations with SYSTRA

List of similar M&A transactions (Date, Acquirer, Target, Country, Sector, Deal Context)
DateAcquirerTargetCountrySectorDeal Context
10/2025SYSTRABG&EAUSTRALIAIndustrial Services

SYSTRA has announced the 100% acquisition of the Australian engineering firm BG&E. This strategic transaction significantly strengthens SYSTRA’s presence in Australia and New Zealand, where the combined entity will now employ over 1,000 staff

09/2025SYSTRAARDANUY INGENIERÍASPAINIndustrial Services

SYSTRA has announced the 100% acquisition of Ardanuy Ingeniería to strengthen its technical capabilities and market presence in Spain, Portugal, and Latin America. This operation follows SYSTRA's successful 2023 integration of Subterra and marks a major step in building a comprehensive engineering hub for the Iberian and Hispanic markets

REFERENCES

Valuation range: EV 500M - 1.5b 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 SYSTRA by LATOUR CAPITAL 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).

Acquirer: latour capital