October 2026
Largest Vertical SaaS Public Companies in France
Benchmark revenue and EBITDA valuation multiples for public comps like
Dassault Systemes, Vusion, Equasens, Linedata Services and Cegedim.
 | Dassault Systèmes is a leading provider of computer-assisted design and product lifecycle management software, serving customers like Boeing and Volkswagen throughout the production process. The company’s flagship product, Catia, primarily serves the transportation, industrial equipment, and aerospace and defense industries. In life sciences, Dassault’s Medidata cloud platform optimizes clinical trial efficiency and is the leader in electronic data capture. | $26 | -9% | $34B | $32B | 4.5x | 14.8x | ||
| Vusion is a company that offers Vuision Retail IOT technology platform to help retailers transform their physical stores into high-value digital assets that are more automated, data-driven, and connected in real-time to suppliers and consumers. It connects shelves to the cloud, providing real-time accurate information on product availability and location, allowing for reduced inventory, out-of-stock, and waste, as well as improved on-shelf availability and merchandizing compliance. | IoT+1 | $139 | -50% | $2.3B | $2.1B | 1.3x | 6.9x | |
| Equasens is engaged in the European healthcare sector, providing software solutions to all healthcare professionals (pharmacists, primary care practitioners, hospitals, Hospital-at-Home structures, retirement homes, health centers) and patients in both primary and secondary care sectors. The various activities that the company is involved in include: pharmacy software publishing and integration, publishing of IT solutions for health and medical/social establishments, and development of solutions and infrastructures for e-Health. With operations in France (its key revenue-generating market), Italy, Belgium, Germany, Ireland, and the United Kingdom, it is developing the healthcare platform and an ecosystem in France and Europe, benefiting people by making its technology services available. | $32 | -27% | $482M | $426M | 1.6x | 5.8x | ||
| Linedata Services SA provides software and service solutions. It caters to the requirements of investment, employee savings, insurance and savings, leasing and credit, and Software as a Service. The company publishes and integrates software packages for the finance sector. It also offers consulting, outsourcing, and maintenance services. | $54 | +4% | $262M | $341M | 1.8x | 8.4x | ||
| Cegedim SA is a technology and services company offering digital flows of the healthcare ecosystem and B2B marketing, design of enterprise software for healthcare and insurance professionals. It is also engaged in human resources management and digitization. The company has two operating segments namely, Health insurance, HR and e-services; and Healthcare Professionals. Cegedim generates most of its revenue from France. The company's services include insurers solutions, promotional information, sales statistics of pharmaceutical products and digital promotion for healthcare companies. | $12 | -11% | $160M | $451M | 0.6x | 3.6x | ||
| Vantiva is a French technology company headquartered in Paris that designs and supplies connected-home equipment to telecom and pay-TV operators. Its main business makes broadband modems and gateways, Wi-Fi extenders and Android TV set-top boxes that operators provide to their subscribers. Smaller units include HomeSight, which offers remote care and monitoring services in people's homes, and Smart Spaces, which provides monitoring systems for self-storage facilities. It earns revenue from hardware sales to operators. In 2025 revenues were €1,736 million and adjusted EBITDA €145 million; margins improved after it integrated CommScope's Home Networks business, while video product sales fell 37.7%. The company descends from Thomson, which became Technicolor in 2010. When Technicolor spun off its creative studios in 2022, the rest of the company was renamed Vantiva. It sold its Supply Chain Solutions division in April 2025, and its shares trade on Euronext Paris under the ticker VANTI. Besides Paris, it has offices in Rennes, Beijing, Seoul, Chennai, Edegem, Norcross and Manaus. | $0 | -37% | $45M | $614M | 0.3x | 20.3x | ||
| SMAIO SA is engaged in offering spine surgeons a complete solution, consisting of software, implantable devices, and associated services, to treat spinal pathologies requiring surgery. | $6 | -19% | $38M | $36M | 3.5x | (33.7x) | ||
| Witbe SA develops and markets technologies to analyze the quality actually perceived by the user services and applications offered by operators and content and digital services provider. | $4 | +130% | $18M | $20M | 0.9x | 11.1x | ||
| Obiz SA is specialized in the design, development and animation of relationship marketing programs. The company offers benefit programs on personalized responsive web platforms, data collection and analysis solutions to improve customer knowledge and targeting, consulting and support services. | $3 | +11% | $17M | $38M | 0.3x | (31.5x) | ||
| AMA Corp PLC specializes in the development of remote assistance, inspection, and training solutions involving connected glasses, a dedicated smartphone, and external video sources such as webcams, thermographic cameras, endoscopes, microscopes, and others. Geographically the company operates in Europe, which includes subsidiaries in France, Germany, the UK, Romania, Italy and Spain and which invoice customers in Europe; North America, which includes subsidiaries in the United States and Canada and which invoice customers in the North American area; and lastly Asia, which includes subsidiaries in Hong Kong, Shanghai and Japan and which invoice customers in the Asia area. | $0 | -43% | $6M | $7M | 3.1x | (1.2x) | ||
| Acteos is engaged in providing software services in the field of supply chain management and mobile solutions. | $1 | -21% | $3M | $5M | 0.5x | 7.4x | ||
| Median | $6 | -19% | $45M | $341M | 1.3x | 6.9x |
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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