2025
The mid-market Argos Index® for the third quarter of 2025 – published by Argos, the independent European investment fund, and Epsilon Research, the online platform for the management of unlisted M&A transactions – is now available. Launched in 2006, this index tracks the valuations of unlisted eurozone SMEs in which a majority stake has been acquired during the last six months.
Julhiet Sterwen, one of France’s leading consulting firms in strategy, transformation and innovation, announces the acquisition of HR Conseil, a key player in digital HR transformation.
This strategic operation is part of the growth momentum supported by Argos since 2021, and follows the acquisitions of Dittman in Germany, as well as (RE)SET and M618 Consulting completed in France in 2024.
SB Italia, a leading company in digital transformation and a benchmark in process digitalisation solutions, further strengthens its international presence with the acquisition of Archive-IT, a European company renowned for its expertise in advanced digital archiving solutions, secure storage services, digitalisation, and intelligent document management.
The group strengthens its position on the path to becoming a European leader in B2B textile rental and laundry services.
With this acquisition, Lavatio expands into Austria, its third country of operation alongside Germany and Switzerland.
Argos, an independent European private equity group, is pleased to announce the appointment of Andrea Panfili as Investor Relations Manager dedicated to Italy. Andrea will work directly with Jean-Pierre Di Benedetto, Managing Partner and Country Head for Italy, and within the Investor Relations team led by Anna Karin Portunato, Head of Investor Relations.
SB Italia, a leading player in Digital Transformation solutions, announced the appointment of Pietro Lanza as Managing Director and Board Member. Pietro Lanza will also join as an investor, underlining his commitment to accelerating the Group’s international growth. Argos, majority shareholder since 2022, welcomes this appointment as fully aligned with the group’s development vision.
Olivier Lemaitre has been appointed Chief Executive Officer, effective October 1, with the mission to accelerate the Group’s growth and establish Talentia as a European leader in Finance and HR solutions for mid-sized companies.
Argos, an independent European private equity group, is pleased to announce the appointment of Agathe Siebert as AI Project Manager, strengthening its commitment to harness Artificial Intelligence and data to enhance operational efficiency and value creation.
Argos, an independent European private equity group, is pleased to announce that its portfolio company TKH France, a leading designer and provider of integrated cable and connectivity solutions, is adopting a new identity: ADALTRA.
Argos, an independent European private equity group, has promoted Caroline Fady (Paris), Pauline Humbert (Paris), Giacomo Egidi (Milan) as Associates. The Argos team comprises 75 employees from its 7 European offices.
The mid-market Argos Index® for the second quarter of 2025—published by Argos, the independent European investment fund, and Epsilon Research, the online platform for the management of unlisted M&A transactions—is now available. Launched in 2006, this index tracks the valuations of unlisted eurozone SMEs in which a majority stake has been acquired during the last six months.
The third edition of the Argos x Boston Consulting Group (BCG) barometer shows that the ecological transition is critically important to a large majority of the European mid-market companies surveyed.
The Argos Index® was down 3% to 9.5x EBITDA in Q1 2025. The 2024 recovery of mid-market prices was short-lived, as the M&A activity. Transaction multiples declined, at a similar pace, on all market segments: on the lower and upper mid-markets, and for both investment funds and strategic buyers.
Argos, an independent pan-European investment group, has acquired a majority stake in Axitea, a leading Italian provider of digitally enabled surveillance and security services for corporate clients, from Stirling Square, a leading pan-European private equity firm specialized in internationalising and digitalising mid-market businesses. This acquisition marks the tenth investment by Argos ’s Mid-Market VIII fund. Financial terms of the transaction are not being disclosed.
The European independent private equity firm Argos, through its Argos Climate Action fund (Article 9 SFDR), as majority shareholder, and Bpifrance, the one-stop-shop for French entrepreneurs, have signed an agreement to acquire a majority stake in Hexvia from Siparex, BPM Group and other minority financial investors.
Argos, an independent European investment fund, has promoted as Associates Maude Culis-Féry (France), Audrey De Vreese (Benelux) and Lisa Petermeijer (Benelux). The Argos team comprises 75 employees in its 7 European offices.
The mid-market Argos Index® for the fourth quarter of 2024 – published by Argos, the independent European investment fund, and Epsilon Research, the online platform for the management of unlisted M&A transactions – is now available. Launched in 2006, this index tracks the valuations of unlisted eurozone SMEs in which a majority stake has been acquired during the last six months.
Argos, an independent European investment fund, is proud to announce the final close of its Argos Climate Action fund, which has raised €337 million. This amount surpasses the initial target by over 12%, a remarkable achievement despite the challenging fundraising environment .
