At what enterprise value was ACD acquired in 2026?

You can find the full valuation details of ACD on mynth capital. By registering for free, you get access to complete and exact transaction details including enterprise value, revenue, and EBITDA. Additionally, our database shows that the TMT (Tech, Media, Telecom) industry currently tracks an average EBITDA multiple of 14.4x, providing a valuable benchmark for this transaction.

What was the EV/EBITDA of ACD when it was acquired by TEAMSYSTEM?

The exact EV/EBITDA multiple for ACD is available on mynth capital. For comparison, the TMT (Tech, Media, Telecom) sector currently shows an average EBITDA multiple of 14.4x. Join our community for free to access full valuation data and industry trends.

When was ACD acquired by TEAMSYSTEM?

ACD was acquired by TEAMSYSTEM in 2026.

What was the revenue of ACD at the time of the deal?

The revenue of ACD at the time of the deal is estimated to be in the range of 25M - 50M EUR. Register for free to access the full transaction report and exact valuation multiples.

What was the EBITDA of ACD during the acquisition?

ACD's EBITDA is estimated to be in the range of 5M - 25M EUR. Join our community for free to access complete and exact deal data.

What is Enterprise Value (EV)?

Enterprise Value (EV) is a measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization. EV includes in its calculation the market capitalization of a company but also short-term and long-term debt as well as any cash on the company's balance sheet.

What is the EV/EBITDA multiple and why is it used?

The EV/EBITDA multiple is a financial ratio that compares a company's Enterprise Value (EV) to its Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA). It is widely used in M&A and valuation because it allows for comparisons between companies with different capital structures and provides a clear view of operational profitability.

How is the data for the ACD acquisition sourced and is it reliable?

Mynth data is contributed by a professional community of M&A and Private Equity experts. Each transaction, including the ACD deal, is systematically cross-verified by our team using private deal documents and official sources. You can also find the official press release for this transaction here: https://www.acd-groupe.fr/2026/04/08/communique-acd-rejoint-le-geant-technologique-teamsystem/

← DATABASE

Home Database TMT (Tech, Media, Telecom)ACD

04/2026

ACD acquired by TEAMSYSTEM

FRANCE Software / ERP, HR & Finance REV 25M - 50M EUR

Context

TeamSystem, a leading digital platform backed by Hellman & Friedman, Silver Lake, and CapitalG, has successfully finalized the acquisition of ACD in France. This strategic move represents the fourth transaction of the group in 2026, marking a significant acceleration of its international expansion strategy. The acquisition of the French target allows the group to capitalize on the progressive implementation of mandatory electronic invoicing in France, a regulatory shift mirroring the Italian transition that fueled the group's domestic growth. The strategic rationale centers on exporting the group's consolidated SaaS model to high-density professional markets where administrative and fiscal processes are undergoing deep structural transformations. By combining the target's localized expertise in payroll and accounting production with the group’s proprietary technological scale and AI capabilities, the partnership aims to consolidate the organization’s role as a European champion for SME digitalization.

By taking control of Acd, Teamsystem continues its expansion strategy. Previously, the group had completed 2 acquisitions, including Sellsy in 2025.

ACD, which reported an EBITDA margin of LOGIN in 2025, is valued in this transaction at an EV/EBITDA multiple of LOGIN, a level to compare with the average currently observed in the TMT (Tech, Media, Telecom) sector (14.4x).

Note that this data is based on contribution from our growing community, composed of M&A and Private Equity professionals, and has been verified by our team to ensure its accuracy.

-> Deep-dive in TMT (Tech, Media, Telecom) market trends

Target

ACD is a prominent technology organization specializing in the development of accounting and management software solutions specifically designed for accounting firms and independent professionals. The organization’s business model is centered on a Cloud-based SaaS (Software as a Service) framework, providing structural integration for daily administrative, fiscal, and payroll workflows. Its value proposition lies in its ability to facilitate the digital transformation of small-to-medium enterprises (SMEs) through automated compliance and tax management tools. Strategically, the firm focuses on the evolving regulatory landscape, particularly the transition toward mandatory electronic invoicing and AI-driven process optimization. By delivering modular and scalable software that integrates CRM, document archiving, and production accounting, the entity ensures operational durability and efficiency for its professional client base. Parallel to this, the organization includes specialized Turkish operations focusing on modular Cloud ERP systems that support regional regulatory requirements for high-growth industrial and commercial sectors.

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (EUR)

Year

Rev

EBITDA

EBIT

2025

2024

Similar deals in TMT (Tech, Media, Telecom)

List of similar M&A transactions (Date, Acquirer, Target, Country, Sector, Deal Context)
Date	Acquirer	Target	Country	Sector	Deal Context
05/2026	PUBLICIS GROUPE	LIVERAMP	UNITED STATES	Software	Publicis Groupe has entered into a definitive agreement to acquire 100% of the share capital of US-based LiveRamp through an all-cash public tender offer. This landmark cross-border transaction represents Publicis' largest tech-driven acquisition since Epsilon, explicitly engineered to accelerate the group's digital capabilities in secure data co-creation, advanced data clean rooms, and agentic AI enterprise transformation
05/2026	LATTICE SEMICONDUCTOR	AMI	UNITED STATES	Software	Lattice Semiconductor has agreed to acquire AMI in a strategic transaction designed to create a comprehensive secure management and control platform for the technology industry. The acquisition is a key step in advancing Lattice's strategy to expand its market position in high-growth server, AI, and cloud applications
04/2026	HR PATH	COVALENCE CONSULTING	UNITED STATES	Software	HR Path completed the strategic acquisition of Covalence Consulting Inc. to significantly accelerate the growth and depth of its North American UKG practice. The rationale behind the transaction is to consolidate HR Path's position as a global leader in digital HR transformation by integrating specialized technical expertise in UKG and Infor solutions
04/2026	ADVENT INTERNATIONAL	TINEXTA	ITALY	Software	Zinc BidCo, the investment vehicle of a global private equity firm and a specialized Italian asset manager, in concert with a long-standing industrial shareholder, has finalized a mandatory tender offer (OPA) to acquire the total share capital of the target
04/2026	LONG PATH PARTNERS	IDOX	UNITED KINGDOM	Software	Long Path Partners has declared its all-cash offer for Idox plc unconditional, completing the acquisition process. The transaction involves the transfer of 100% of the share capital of the London-listed software business to the U.S...
04/2026	TURENNE CAPITAL	KIZEO	FRANCE	Software	The transaction involves the entry of Turenne Emergence into Kizeo’s capital, acquiring a ~20% minority stake through an equity investment of 10 million EUR. This growth LBO represents a strategic partnership aimed at accelerating the company's development trajectory over the next five years
04/2026	AMADEUS	IDEMIA PUBLIC SECURITY	FRANCE	Software	The acquisition of Idemia Public Security (IPS) by Amadeus represents a transformational transaction, marking a significant milestone in the structured divestment strategy of Advent International. Strategically, this acquisition allows Amadeus to internalize world-class biometric capabilities, directly supporting its vision for a modernized and secure global travel infrastructure
04/2026	ATHOS CONSORTIUM / A.P. MOLLER HOLDING	DOCTOLIB	France	Software	This transaction was a significant secondary market operation, providing liquidity to early stakeholders rather than raising new capital for the company. The deal was structured to allow historical business angels and long-term employees to sell a portion of their vested shares, enabling them to realize a return on their investment and involvement since the company's inception
04/2026	IKS HEALTH	TRUBRIDGE	UNITED STATES	Software	IKS Health has entered into a definitive agreement to acquire 100% of the equity of TruBridge Inc. through its U.S. arm. The acquisition is a strategic move to create a comprehensive "system of record plus system of action" platform
04/2026	RELX	DOCTRINE	FRANCE	Software	The acquisition of Doctrine by the British listed group RELX represents a landmark transaction in the European LegalTech sector. The strategic rationale for RELX centers on the integration of Doctrine’s specialized AI capabilities into its global legal analytics portfolio, creating significant industrial synergies and reinforcing its dominance in the European market

REFERENCES

Revenue range: 25M - 50M EUR

EBITDA range: 5M - 25M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of ACD by TEAMSYSTEM are reserved for mynth community members. Register for free to unlock full data.

Authors: verified mynth contributor (mynth data is contributed by M&A / PE professionals and systematically cross-verified with private deal documents and official press releases).

Acquirer: teamsystem