BDO conducted a valuation analysis of Cairn.info SAS in the context of a contemplated capital operation.
Initiated by publishing houses, Cairn.info is the developer and manager of leading French-speaking web portals mainly focused on humanities and social sciences publications. Since its incorporation in 2005, Cairn.info had more than 1 million online sales, 2.000 articles translated, 9 million pages converted, and 1.700 publications/books produced.
Our Corporate Finance colleagues performed the valuation of the company through Discounted Cash Flow (DCF) and Multiples methods applied to both historical financials and business forecasts.
The client described the collaboration with BDO as follows: “The BDO Corporate Finance team carried out this study quickly and rigorously, thanks to its accurate knowledge of our activities and its know-how to ask the right questions at the right time. The estimate, precisely argued, was convincing for all of the company's interlocutors, and gave us the possibility to take new steps".