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July 28th, 2016Natixis Partners advised Digital Virgo’s shareholders for the reorganization of its ownership structure

Digital Virgo welcomes a new group of shareholders led by Sofival associated to BNP Paribas Développement. As one of the historical shareholders and part of the capital for more than 8 years, 21 Centrale Partners renews its confidence in the project as demonstrated by its reinvestment. Following this MBO, the management reinforces its position as majority shareholder now holding more than 50% of the company. The transaction has been financed by a senior debt provided by BNP Paribas, HSBC and Schelcher Prince. Through this operation, Digital Virgo intends to accelerate its growth dynamic with the clear ambition to internationally deploy its unique content and audience monetization expertise.

Created in 2008 by taking over Jet Multimedia general audience and International operations, Digital Virgo is one of the pioneers of the mobile contents distribution and monetization. Historically positioned on the BtoB segment by mainly providing audience monetization, the group has developed its activity portfolio since then and offers BtoC services through digital content monetization. The group therefore provides a wide range of digital entertainment solutions (games, music, videos social networks, etc.) available on any device and on a wireless basis.

Digital Virgo generated a turnover of €230m in 2015 for an EBITDA margin of c. 10%.

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M&A team:

Jean-Baptiste Marchand
Managing Partner

Benjamin Giner
Executive Director

Paul-Henri Morand
Associate

Louise Bernard
Analyst


Debt Advisory Team:

Philippe Charbonnier
Managing Director

Patrice Raulin
Director