When was ADIKTEEV acquired by AGILA CAPITAL?

ADIKTEEV was acquired by AGILA CAPITAL in 2025.

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

The revenue of ADIKTEEV at the time of the deal is estimated to be in the range of €100–200M.

What was the EBITDA of ADIKTEEV during the acquisition?

ADIKTEEV's EBITDA is estimated to be in the range of €10–30M.

How is the data for the ADIKTEEV 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 ADIKTEEV 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.cfnews.net/L-actualite/LBO/Operations/MBO/Adikteev-joue-avec-un-fonds-de-growth-minoritaire-542986

What is the average EV/EBITDA multiple for the TMT (Tech, Media, Telecom) sector in 2026?

The average EV/EBITDA multiple for the TMT (Tech, Media, Telecom) sector in 2026 is 14.6x.

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Home Database TMT (Tech, Media, Telecom)ADIKTEEV

10/2025

ADIKTEEV acquired by AGILA CAPITAL

FRANCE Software / AdTech REV €100–200M

Context

Adikteev completed a EUR60 million LBO transaction (EUR30m of equity and EUR30m of debt) to reorganize its shareholding structure. The deal allowed the company's founders to regain majority control of the capital. This new LBO provided a full exit for early-stage venture capital investors Ventech (invested in 2012) and Ring Capital (invested in 2017), as well as several business angels. The operation was supported by Agila Capital and a syndicated senior debt coordinated by Arkea.

ADIKTEEV, which reported an EBITDA margin of [members only] in 2025, is valued in this transaction at an EV/EBITDA multiple of [members only], to compare with the average currently observed in the TMT (Tech, Media, Telecom) sector (14.6x).

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

Target

Adikteev is one of the world leaders in advertising technology (Adtech), specializing in user acquisition and retention for mobile applications. Historically recognized for its expertise in retargeting, the company now supports the largest mobile applications, particularly in the mobile gaming, e-commerce, services, dating, and entertainment sectors. After strong growth in 2024 (+50% vs. 2023), Adikteev is continuing on the same trajectory and is targeting projected revenue of over $150 million in 2025, up more than 50% vs. 2024, and expects to be profitable for the 11th year out of 13.

Ent. Value

€100–200M

Equity Value

[members only]

Multiples

EV / Revenue

[members only]

EV / EBITDA

[members only]

EV / EBIT

[members only]

Historical Financials (EUR)

Year

Rev

EBITDA

EBIT

2025

2024

Similar deals in Software

List of similar M&A transactions (Date, Acquirer, Target, Country, Sub-sector)
Date	Acquirer	Target	Country	Sector
11/2025	FIVE ARROWS / DEUTSCHE BETEILIGUNGS (DBAG)	Totalmobile	UNITED KINGDOM	Industry-Specific Software
11/2025	SEPTEO	STP ONE	GERMANY	Industry-Specific Software
10/2025	INITIATIVE & FINANCE	YMAG	FRANCE	Industry-Specific Software
10/2025	TEAMSYSTEM	SELLSY	FRANCE	CRM & Sales
10/2025	SESA GROUP	ALBASOFT	ITALY	ERP, HR & Finance
10/2025	GROUPE LACOUR	PROGER	ITALY	Automotive
10/2025	DOCTRINE	PREDICTICE	FRANCE	Industry-Specific Software
10/2025	GRIFFIN GAMING PARTNERS	PLAYDIGIOUS	FRANCE	Gaming & Consumer Apps
09/2025	KEENSIGHT CAPITAL	DECISION FOCUS	DENMARK	Financial Services / Banking
09/2025	HEDOSOPHIA	VIBE	UNITED STATES	AdTech

REFERENCES

Revenue range: €100–200M

EBITDA range: €10–30M

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of ADIKTEEV by AGILA CAPITAL 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.

Target: adikteev

Acquirer: agila capital