May 2026
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Largest Business Consulting Public Companies in France
Benchmark revenue and EBITDA valuation multiples for public comps like
Capgemini, Bureau Veritas, Alten, Ipsos and Keyrus.
 | Capgemini is a French IT services company with a global presence. The firm has over 450 offices globally, with more than half of its employees based in India. Capgemini provides services related to IT consulting, software application and technology services, infrastructure management, engineering research and development, and business process outsourcing. | $127 | -24% | $21B | $29B | 1.1x | 6.8x | ||
| Bureau Veritas is a testing, inspection, and certification company. Its primary activities include testing products and materials, inspecting sites and equipment, and certifying products and systems to maintain global standards. Bureau Veritas is one of a handful of companies in the TIC sector that operate globally across numerous industries, including marine, industry, commodities, construction, and consumer products. Bureau Veritas was listed in 2007; it was previously privately owned by the Wendel Group, which retains a significant holding. | $30 | -9% | $13B | $15B | 2.0x | 10.1x | ||
| Alten is an engineering and technology consulting firm. The company provides design and research projects for the technical and information systems divisions of corporate clients in the industrial, telecommunications, and service sectors. Alten’s business consists of three operating segments: engineering and technology consulting; telecoms and networks; and information systems. The engineering and technology consulting segment contributes the majority of group revenue. Alten generates approximately half of its revenue in France with most of the balance derived in other European countries. | $78 | -10% | $3B | $3B | 0.5x | 5.3x | ||
| Ipsos SA is a France-based market research and data analytics company. It provides research services across areas such as advertising, media, technology, public affairs, and consumer markets, using surveys and data analysis to generate insights. The company operates globally, with Europe as a key revenue contributor. | $46 | -13% | $2B | $2B | 0.8x | 5.1x | ||
| Keyrus is a France-based company engaged in consulting and performance management technologies. It offers consultancy services for Strategy & Transformation, Management & Organization, Digital strategies, and Performance Management. | $8 | -9% | $133M | $197M | 0.5x | 7.2x | ||
| Alan Allman Associates coaches the ecosystem's companies (mostly consulting firms) helping them to define the key milestones of sustainable growth and supports the management in the daily development of each company and the back-office operations. Its firms operate in various fields such as digital transformation, process management, cybersecurity, market finance, and others. Its operating segments comprise Europe, Asia, and North America. The Europe segment generates the majority of the revenue, which includes high-tech consulting, industrial transformation consulting, digital marketing consulting, and management consulting. | $2 | -51% | $106M | $305M | 0.8x | 9.2x | ||
| Median | $38 | -11% | $2B | $2B | 0.8x | 7.0x |
Financial data powered by FactSet and Morningstar. Valuation multiples as of current fiscal year. For more data, start your free trial here.
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