mynth
04/2021100%LBO

Videlio acquired by Hivest Capital Partners

FRANCE Media & Internet / Content & Publishing / Audiovisual Production EV €50–150M

Context

This transaction is a public-to-private leveraged buyout. The newly formed consortium, acting in concert, signed a binding investment protocol to execute a simplified tender offer aimed at acquiring all outstanding floating shares and delisting the target from the stock exchange. The complex operational structure involves the incoming private equity firm directly acquiring a significant minority stake in the listed entity, coupled with a simultaneous direct equity injection and share purchase within the historical owners' overarching holding company. Together, the concerted parties aim to secure absolute total control over the enterprise.

Videlio, which reported an EBITDA margin of [members only] in 2020, is valued in this transaction at an EV/EBITDA multiple of 10x–18x, standing directly in line with the average observed in the TMT (Tech, Media, Telecom) sector (14.2x in 2021).

-> Deep-dive in TMT (Tech, Media, Telecom) market trends

Target

Videlio is a premier integrator of sophisticated audiovisual solutions, operating extensively both domestically and internationally. The enterprise boasts a highly diversified portfolio of specialized services, ranging from the modernization and digitalization of corporate workspaces to comprehensive event management, museography, television broadcasting, and high-end post-production workflows. Notably, a predominant share of its activities involves equipping large-scale cruise ships with advanced lighting and audiovisual infrastructure, cementing its leadership in this niche market. Driven by an ambitious executive team, the company is poised to actively pursue a robust external growth strategy. It specifically seeks to acquire complementary businesses to continuously broaden its specialized service catalog and significantly reinforce its geographic footprint across Europe.

Ent. Value

€50–150M

Equity Value

[members only]

Multiples

EV / Revenue

below 1.5x

EV / EBITDA

10x–18x

EV / EBIT

Above 20x

Historical Financials (EUR)

Year
Rev
EBITDA
EBIT
2020
€50–100M
€5–25M
€0–5M
2019
€50–100M
€5–25M
€0–5M

Other operations with Videlio

Other operations with Videlio
DateAcquirerTargetCountrySector
06/2024TREVISE PARTICIPATIONS / HIVEST CAPITAL PARTNERSVIDELIOFRANCEAudiovisual Production

Other operations with Hivest Capital Partners

Other operations with Hivest Capital Partners
DateAcquirerTargetCountrySector
03/2021HIVEST CAPITAL PARTNERSFACE GROUPFRANCEFinishing Works

Similar deals in Media & Internet

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07/2021PERMIRAADEVINTANORWAYE-commerce & Marketplaces
02/2021INSIGHT PARTNERSIADFRANCEE-commerce & Marketplaces
12/2020PERMIRABOATS GROUPUNITED STATESE-commerce & Marketplaces
12/2020JOHN WILEY & SONSHINDAWIUNITED KINGDOMContent & Publishing
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REFERENCES

Valuation range: EV €50–150M

Revenue range: €50–100M

EBITDA range: €5–25M

EV/Revenue range: below 1.5x

EV/EBITDA range: 10x - 18x

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of Videlio by Hivest Capital Partners 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: videlio

Acquirer: hivest capital partners

FAQ

What transaction does this page cover?

This page covers Hivest Capital Partners’s acquisition of 100% of Videlio, a French company specialised in Content & Publishing, in 2021, structured as a leveraged buyout (LBO). Ownership has since evolved, leading to a subsequent transaction with Trevise Participations / Hivest Capital Partners in June 2024 (see the dedicated deal page for details).

How was the acquisition of Videlio by Hivest Capital Partners valued, and what multiples were paid?

mynth displays the transaction’s enterprise value within the €50–150M band, its EV/EBITDA multiple within the 10x - 18x range, and its EV/revenue multiple within the below 1.5x range. Exact figures are available to members.

What were Videlio’s revenue and EBITDA at the time of the deal?

At the time of the transaction, Videlio generated annual revenue estimated in the €50–100M range and EBITDA in the €5–25M bracket (FY 2020). Detailed financial figures are available to members.

How does the valuation of Videlio compare to benchmarks in the TMT (Tech, Media, Telecom) sector?

With an estimated multiple range of 10x - 18x, the transaction stands directly in line with historical averages for the TMT (Tech, Media, Telecom) sector (14.2x in 2021).

What sources support the information on this transaction?

Transaction data and operational intelligence were compiled from independent financial press reporting by specialized M&A publications.

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