← Database
M&A

ADIKTEEV

Acquired by

AGILA CAPITAL

FRANCE Software REV [100m EUR - 500m EUR] 10/2025

Target

ADIKTEEV

Acquirer

AGILA CAPITAL

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.

This transaction is part of the TMT (Tech, Media, Telecom) industry, which currently tracks an average EBITDA multiple of 13.6x since the beginning of 2026, 4.1% 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.

-> 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

LOGIN

Equity Value

LOGIN

Multiples Analysis

EV / Revenue

LOGIN

EV / EBITDA

LOGIN

EV / EBIT

LOGIN

Historical Financials (EUR)

Year
Rev
EBITDA
EBIT
2025
LOGIN
LOGIN
LOGIN
2024
LOGIN
LOGIN
LOGIN

Other operations with ADIKTEEV

mynth data is contributed by M&A / PE professionals and systematically cross-verified against private deal documents and official releases. All source materials are destroyed post-validation to guarantee data anonymity and compliance.