Argos Wityu announces recent strong developments with portfolio company Coexya, French leader in IT-Digital services and software
Coexya has more than 20 years of experience in consulting, integration and software development and is specialised in digital transformation. Coexya’s mission is to support organisations by developing solutions that address the new ways employees and customers use data. Coexya is active in six areas of expertise: customer experience, digital content, health, legal, location intelligence and smart data. The group serves more than 390 clients and generated turnover of c. €90m in 2022. Coexya employs almost 900 FTEs based in Lille, Brest, Lyon, Paris and Rennes.
PAI Partners to acquire La Compagnie des Desserts from Argos Wityu
PAI Partners (“PAI”), a pre-eminent private equity firm, today announces that it has agreed to acquire La Compagnie des Desserts (“LCDD” or “the Company”), a leading premium frozen desserts supplier for the food service market, from independent European investment fund Argos Wityu. Credit Mutuel Equity, which held 20% of the shares alongside Argos Wityu, also exits completely, having supported the Barral family, founders of LCDD, since 2005.
Argos Wityu to acquire Norline, a leading Swiss company in the move towards sustainable energy
Norline AG offers a broad range of services to building technology installers, ensuring a smooth transition from fossile fuel heating systems to modern sustainable solutions such as heat pumps. The common objective with Argos Wityu is to accelerate Norline’s growth by expanding geographically, broadening the customer base, expanding the service offering and further developing the internal start-up for 3D fabrication models.
Mid-market Argos Index® Q4 2022
Acquisition prices of European SMEs down slightly to 9.9x EBITDA, signalling the start of an anticipated decline. Argos Wityu, the independent European investment fund, and Epsilon Research, the online platform for the management of non-quoted M&A transactions, today published the Argos Index® Mid-market for the fourth quarter of 2022. This index, launched in 2006, tracks the valuations of eurozone private, mid-market companies in which a majority stake has been acquired during the last six months.
Argos Wityu announces the appointment of a new management team for IJssel Technologie.
Following the acquisition of IJssel Technologie (closed on December 22, 2022), a Dutch industrial maintenance services provider, Bas Ambachtsheer is appointed CEO and Chris van Overbeeke CFO. The objective is to reinforce the company’s robust market position by accelerating commercial developments, boosting innovation, contributing to the energy transition, and deploying a clear M&A strategy.
Promotions within Argos Wityu’s investment team
Argos Wityu, an independent European investment fund, has promoted Roel van Ark and Arne Louwagie as Directors, Gabriele Scalco as Investment Manager, and Aïssatou Dia and Marc Faucon as Associates. The investment team has a total of 36 members.
Argos Wityu is part of the first 15 Private Equity companies with approved targets by the Science Based Targets initiative (SBTi)
Argos Wityu sets ambitious science-based targets for reducing greenhouse gas emissions (GHG) according to the SBTi, a non-governmental organisation helping companies set emission reduction targets, on all scopes, in line with climate science and Paris Agreement goals.
Argos Wityu to acquire IJssel Technologie
The common objective is to reinforce IJssel Technologie’s robust market position in accelerating commercial developments, boosting innovation, contributing to the energy transition, and deploying a clear M&A strategy. This acquisition marks Argos Wityu’s fifth investment by its MidMarket fund VIII.
Argos Index® Mid-market Q3 2022
Paris (France) – 23 November 2022 – Argos Wityu, the independent European investment fund, and Epsilon Research, the online platform for the management of non-quoted M&A transactions, today published the Argos Index® Mid-market for the third quarter of 2022. This index, launched in 2006, tracks the valuations of eurozone private, mid-market companies in which a majority stake has been acquired during the last six months.
Argos Index 3rd Quarter 2022
Download the Argos Index® Share Main Conclusions The Argos Index® is stable at 10.0x EBITDA despite market turmoil The Q3 2022 Argos Index® was stable at 10.0x EBITDA, in line with the average of the past five years. This apparent stability conceals the divergence between the high end of the market, where multiples are still […]
