At what enterprise value was ADHETEC acquired in 2023?

During the acquisition of ADHETEC by ADAGIA PARTNERS in 2023, the company was valued at an estimated revenue multiple of 5x - 12x. The transaction's Enterprise Value is estimated to be in the range of 100M - 350M EUR. 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 Industry & Manufacturing industry currently tracks an average EBITDA multiple of 11.1x, providing a valuable benchmark for this transaction.

What was the EV/EBITDA of ADHETEC when it was acquired by ADAGIA PARTNERS?

The estimated EV/EBITDA multiple for ADHETEC is in the range of 10x - 18x. For comparison, the Industry & Manufacturing sector currently shows an average EBITDA multiple of 11.1x. Join our community for free to access full valuation data and industry trends.

When was ADHETEC acquired by ADAGIA PARTNERS?

ADHETEC was acquired by ADAGIA PARTNERS in 2023.

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

The revenue of ADHETEC 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 ADHETEC during the acquisition?

ADHETEC'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 ADHETEC 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 ADHETEC 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.adagiapartners.com/wp-content/uploads/2023/03/2023-03-06-CP-Adagia-Partners-et-Bpifrance-annoncent-la-signature-dun-accord-dexclusivite-avec-Alvest-en-vue-dacquerir-ADHETEC-leader-des-solutions-adhesives-techniques-pour-laeronautique-1.pdf

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Home Database Industry & ManufacturingADHETEC

04/2023

ADHETEC acquired by ADAGIA PARTNERS

FRANCE Aerospace, Naval & Defense / Aerostructures EV 100M - 350M EUR

Context

Adagia Partners and Bpifrance entered exclusive negotiations to acquire ADHETEC from Alvest. The transaction aims to support management in its international expansion and to transform ADHETEC into a consolidation platform for customized protection and decoration products in the aerospace sector.

ADHETEC, which reported an EBITDA margin of LOGIN in 2022, is valued in this transaction at an EV/EBITDA multiple of LOGIN, representing a LOGIN to the average currently observed in the Industry & Manufacturing sector (11.1x).

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 Industry & Manufacturing market trends

Target

A world leader in technical adhesive solutions for the aerospace and automotive industries. ADHETEC designs and manufactures high-tech products including permanent exterior/interior markings, floor coverings, and functional masking/protection solutions for aircraft manufacturers (OEMs) and airlines (MRO).

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Similar deals in Industry & Manufacturing

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01/2019	OMNES CAPITAL / ANDERA PARTNERS	SPHEREA	FRANCE	Aerospace, Naval & Defense	Omnes Capital and Andera Partners entered into exclusive negotiations to acquire a majority stake in Spherea, outbidding Argos Wityu and Sagard. The transaction allows historical investors ACE Management (now Tikehau Ace) and IRDI to exit partially
01/2019	ARDIAN	REVIMA GROUP	FRANCE	Aerospace, Naval & Defense	Ardian acquired a majority stake in Revima from Argos Wityu, which had held the company since 2017 and reinvested a portion of its proceeds to remain a minority shareholder. The management team also increased its stake
11/2018	SAGARD / BPIFRANCE	SABENA TECHNICS	FRANCE	Aerospace, Naval & Defense	Sagard, in partnership with Bpifrance, won the competitive auction to acquire Sabena Technics from the Marchais family (TAT Group), outbidding Air France-KLM, TowerBrook, and Chequers Capital. The sale process was managed by Financiere de Courcelles and led by former Airbus CEO
05/2018	TIKEHAU CAPITAL	NEXTEAM	FRANCE	Aerospace, Naval & Defense	Tikehau Capital invested €114 million in Nexteam Group to support its ambitious "2023" strategic roadmap. This minority investment, made alongside the existing management team, provides the group with the financial resources to accelerate its international development and consolidate its market position
07/2017	ARGOS WITYU	REVIMA GROUP	FRANCE	Aerospace, Naval & Defense	Argos Soditic took a 60% controlling stake in Revima to resolve a long-standing shareholder dispute between the president and the other two owners. The latter two retained 40% of the capital and partnered with Argos

REFERENCES

Valuation range: EV 100M - 350M EUR

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 ADHETEC by ADAGIA PARTNERS 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).

Press release: view release

Acquirer: adagia partners