Europe: typical equity/debt/seller financing mix

August 20, 2025
by a searcher in Paris, France
Hi everyone,
For those closing deals in France / Europe , what mix are you seeing across equity, senior debt, and seller financing?
A some local (France) entity told me to expect 30–50% equity for <€3m EV, which feels high. I’d love real data points from recent closings in France or nearby markets (Benelux, DACH, Iberia):
- Equity % of EV you actually closed with
- Senior debt: multiple of EBITDA
- Seller note / earn-out: % of EV, interest
- Bank type: regional vs. national; any BPIfrance guarantee involved?
- Equity split: searcher vs. investors vs. management (high level is fine)
Thank you!