In reviewMedia & Entertainment29 September 2025

LBO FRANCE GESTION / EMZ PARTNERS to acquire HEROIKS

Verified deal facts, source-backed narrative, and the Exit Mode founder lens for SME readers preparing to sell.

LBO FRANCE GESTION / EMZ PARTNERS acquires HEROIKS

Deal facts

Buyer
LBO FRANCE GESTION / EMZ PARTNERS
Target
HEROIKS
Deal value
Not disclosed
Announced
29 September 2025
Status
In review
Sector
Media & Entertainment
Country
France
Consideration
Not stated

Sources

What we know

LBO FRANCE GESTION and EMZ PARTNERS have agreed to acquire the French advertising and market research firm HEROIKS in a private equity acquisition. The transaction, announced on 29 September 2025, involves the purchase of the target company by a consortium of investment firms. The deal value remains undisclosed, and the specific consideration structure has not been reported to the public. HEROIKS operates within the advertising sector and is based in France.

The acquisition is currently in the regulatory review phase. The transaction is subject to regulatory approval before completion can be finalised. No completion date has been confirmed at this stage. The deal represents a significant entry for the buyer group into the French advertising market. This summary reflects the facts available as of the announcement date.

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Deal timeline

1 update
  1. CMA invitation to comment

    LBO FRANCE GESTION / EMZ PARTNERS to acquire HEROIKS

    LBO FRANCE GESTION / EMZ PARTNERS to acquire HEROIKS

    EU DG COMP

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