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M&A

VIDELIO

Acquired by

HIVEST CAPITAL PARTNERS

FRANCE Media & Internet / Content & Publishing / Audiovisual Production EV 1m EUR - 100m EUR 04/2021

Target

VIDELIO

Acquirer

HIVEST CAPITAL PARTNERS

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 LOGIN in 2020, is valued in this transaction at an EV/EBITDA multiple of LOGIN, representing a level LOGIN the average currently observed in the TMT (Tech, Media, Telecom) sector (13.6x).

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

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

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Equity Value

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Multiples Analysis

EV / Revenue

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EV / EBITDA

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EV / EBIT

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Historical Financials (EUR)

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EBITDA
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2020
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2019
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Other operations with VIDELIO

DateAcquirerTargetCountrySectorDeal Context
06/2024TREVISE PARTICIPATIONS / HIVEST CAPITAL PARTNERSVIDELIOFRANCEMedia & Internet

This transaction involves a significant restructuring of the target’s capital, resulting in a newly introduced family office acquiring a controlling majority stake. The operation successfully materializes merely a few years after a previous take-private leveraged buyout. Demonstrating strong ongoing confidence, the former private equity majority owner significantly reinvests to maintain a minority position, alongside another historical institutional shareholder and the executive management team. The acquisition is robustly supported by a comprehensive senior debt package syndicated by a consortium of major banking institutions. The primary strategic rationale is to seize an opportunistic moment to aggressively accelerate the company's development timeline.

REFERENCES

Authors: mynth contributor (mynth data is contributed by M&A / PE professionals and systematically cross-verified with private deal documents and official press releases).

Acquirer: hivest capital partners