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.

This transaction is part of the TMT (Tech, Media, Telecom) industry, which currently tracks an average EBITDA multiple of 13.0x since the beginning of 2026, 5.1% decrease compared to 2025. 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.