Magellan Partners Group announces that it has entered into exclusive negotiations with Worldline, for the acquisition of MeTS

Enterprise value: €410 m (including €10 m earn-out) 

Closing expected in the first half of 2026 

Magellan Partners is planning to acquire a sovereign French and European player specializing in the design, development, deployment and 24/7 operational management of high-impact digital applications for companies and public institutions in highly secure ecosystems. These apps are used by millions of citizens and consumers.  

Since its creation in 2008, Magellan Partners has established itself as a leading player thanks to its unique positioning, articulated around two complementary pillars. On the one hand, the group excels in Organization and Management Consulting by supporting all economic sectors such as Industry, Luxury and Retail, Energy, Utilities, Defense, Services, Transport, Banking & Insurance, Healthcare, and Public Services. It is involved in strategic issues and core business issues and in all the transversal functions of a company (HR, Finance, CIO, CSR – ESG – EHS, etc.). On the other hand, Magellan Partners is recognized as a leading technology expert with major publishers (Microsoft, Salesforce, ServiceNow, SAP, AWS, Google, Pega) and in Cybersecurity. With this experience, the Group is positioned as a specialist in Augmented Transformation, supporting large companies, mid-caps and public players in the Healthcare and services sectors in their operational developments and strategic projects. 

 

The acquisition of MeTS would be a key milestone in the evolution of the Magellan Partners Group, which would double in size and thus consolidate its position as a unique European player. The Group would combine complementary expertise: strategic, organizational and IS consulting capabilities, integration of market-leading technological platforms and creation of sovereign and tailor-made secure solutions. The Group would thus acquire the necessary assets to support major digital transformations, both in the public and private sectors.  

The new entity would have more than 6,700 employees, would generate €900 million in revenue in 2025, 25% of which would be outside France, and would be mainly located in France, the United Kingdom, Germany, Austria, Benelux, Switzerland, Italy, Spain, Morocco, Mauritius and India. 

 

This transaction is based on the financing of the group’s historical banks, the Crédit Agricole group and BNP Paribas, as well as the entry of ICG into the capital of Magellan Partners. As part of the proposed acquisition, ICG would acquire a minority stake in Magellan Partners to support its development and also finance the transaction.  Following the transaction, the co-founders and management teams of Magellan Partners will retain more than 70% of the capital. 

The completion of the transaction also remains subject to other precedent conditions (including the implementation of the MeTS carve-out which will be carried out as part of the ongoing social processes and dialogue with employee representatives, as well as the approval of the relevant regulatory authorities). The proposed transaction is expected to close in the first half of 2026. 

 

Created within the Worldline Group, the Mobility & e-Transactional Services  division is a B2B2C player that designs, builds and operates turnkey digital solutions such as:  

• In the field of Healthcare : secure solutions (HDS certified in France and Gematik in Germany) including in the sovereign cloud for players in the Healthcare ecosystem, whether they are public or private health agencies, hospitals, laboratories or mutual insurance companies. 

• In the field of the Public Sector : secure digital solutions for governments, public agencies, local authorities. 

• In the field of Transport and Mobility: the management of rail operations covering planning, traffic management, maintenance and communication; digital ticketing; digital multi-modal mobility solutions  (access to all modes of transport through a single application, to plan, book and pay) or Open payment systems (instant contactless payment). 

• For Banking, Insurance and Retail : secure omnichannel customer interaction solutions; modular digital platforms to build personalized customer journeys. 

• For Industry and Energy: solutions for Security, IOT, private label card management and loyalty programs 

The division has 3,800 employees and a turnover of €450 million in 2024, 50% in the Private Sector and 50% in the Public Sector. MeTS operates mainly in France, the United Kingdom, Spain, Germany, Austria and Belgium and India. 

In its 2030 strategic plan, Magellan Partners introduced the concept of Augmented Transformation to designate a new era of disruption, driven by four major dynamics: generative AI, the digital verticalization of industries, the emergence of intelligent platforms, and the growing integration of sustainability issues into business models. Convinced that these changes are profoundly redefining the priorities of organizations, the Group is promoting a hybrid digital model, combining the deployment of market-leading technological solutions, the construction of tailor-made solutions and digital products that meet critical, secure and responsible business needs. 

In addition, digital sovereignty has become a priority for administrations throughout Europe as well as for French and international companies on some of their applications and data. MeTS is one of the 8 French operators certified by SecNumCloud and thus stands out for its high level of security. 

The industrial project at the heart of the merger between Magellan Partners and MeTS fully meets this ambition. It will offer public and private organisations across Europe a unique mix of innovation, security, industrialisation and compliance, while providing a concrete response to the growing expectations of digital trust. 

Magellan Partners’ approach, unique on the market, aims to coherently articulate the advantages of the Public Cloud, agile SaaS (Software as a Service) platforms that drive technological innovations, and Business Solutions as a Service (digital business products or services). In addition, the approach offers the guarantees of SecNumCloud solutions for the most sensitive data and the most critical or regulated activities. Coupled with its long-standing Strategic Consulting activities, this positioning will enable the new Group to address all B2B, B2C and B2G (Business to Government) markets and to offer its customers in the private and public sectors the best support in their IT strategic choices, by reconciling performance, innovation and security. 

Combining locations in 8 European countries (France, UK, Germany, Spain, Switzerland, Italy, Austria and Belgium) as well as centers of excellence in India, North Africa and Mauritius, the new entity will aim to expand its presence throughout Europe and in all its activities, in particular in the Benelux and the Nordic countries with a deterministic commercial strategy and a targeted acquisition policy. 

By combining MeTS‘ operational excellence in the management of critical, sensitive and regulated platforms, with Magellan Partners’ expertise in Generative and Agentic AI, the new entity aims to become a European reference in Trusted-AI. It will offer both end-to-end services – from strategic consulting to operations (run) – and intelligent turnkey solutions, hosted in a sovereign environment, with integral, secure governance and compliance with regulatory requirements. 

Magellan Partners places human capital at the heart of this industrial project which will be built with all the current teams of the MeTS division. As part of this transaction, Magellan Partners would undertake to preserve all of the MeTS jobs integrated within the Magellan Partners Group, in line with the values of excellence, commitment and openness that unite the two entities.  

 

Magellan Partners and MeTS also act according to a common vision of being positive impact companies by participating in the creation of sustainable innovation, respectful of their ecosystem, their environment and their employees. Strengthening these commitments is also at the heart of their joint industrial project.