mynth
01/2016

ACOLAD acquired by NAXICAP PARTNERS

FRANCE Facility Management / BPO & Outsourcing / Document Management REV 10M - 30M EUR

Context

Naxicap Partners has finalized the acquisition of a majority stake in Technicis (now Acolad), executing a primary leveraged buyout (LBO) alongside the company's Chief Executive Officer. The transaction structure involved a significant equity reinvestment from the CEO to align leadership incentives with the group's upcoming strategic milestones. The acquisition's financial engineering relies on a blended debt package comprising both senior and mezzanine credit facilities arranged to fund the buyout and establish a stable capital architecture for the company's next operational cycle. Following the closing of the transaction, the historical founder has exited their majority position, while the management team retains a structured minority equity interest. The investment thesis centers on scale-driven geographical diversification and cross-border consolidation within the highly fragmented language services and content management landscape. By backing the executive team, Naxicap Partners intends to transform the regional market leader into a dominant international platform. The post-closing strategic roadmap focuses on accelerating capital expenditure to fuel an aggressive and systematic international build-up strategy.

ACOLAD, which reported an EBITDA margin of in 2015, is valued in this transaction at an EV/EBITDA multiple of , a level to compare with the average currently observed in the Business Services sector (11.4x).

-> Deep-dive in Business Services market trends

Target

Acolad is one of Europe's leading providers of professional language services. The French company offers a full range of services, including translation, interpreting, and language training. The group has implemented a dynamic external growth strategy to consolidate a fragmented language services market, developing a platform that combines local presence with international reach. The group is particularly recognized for its specialized expertise, enabling it to serve a diverse clientele across numerous sectors.

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (EUR)

Year
Rev
EBITDA
EBIT
2015
2014

Other operations with ACOLAD

List of similar M&A transactions (Date, Acquirer, Target, Country, Sub-sector)
DateAcquirerTargetCountrySector
10/2020ACOLADAMPLEXORLUXEMBOURGDocument Management
08/2019QUALIUMACOLADFRANCEDocument Management
07/2019ACOLADLIVEWORDSNETHERLANDSDocument Management

REFERENCES

Revenue range: 10M - 30M EUR

EBITDA range: 0M - 5M EUR

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

Authors: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.

Press release: view release

Target: acolad

Acquirer: naxicap partners