mynth is the first free M&A database dedicated to European Small & Mid-Cap transactions. We centralize Enterprise Values, revenue multiples, EBITDA multiples and transaction financials that are typically locked behind five-figure subscriptions on platforms like Capital IQ or Mergermarket. On mynth, searching and browsing deals is completely free. Our mission is simple: make professional-grade valuation intelligence accessible to every M&A advisor, independent consultant, Private Equity professional and student, without the burden of expensive annual licenses.

How to use mynth for free?

Sign up for free and instantly receive 30 credits. Through our referral program, each person you invite earns you an additional 20 credits, meaning you can unlock at least 50 financial data points without spending a cent. Our search engine is built for speed and precision: filter transactions by company name, investment fund, sector, country, revenue range, enterprise value or date. A list system lets you group transactions into custom peer groups and export them directly to Excel. The credit model means you only spend on the deals you actually need : no subscription, no commitment.

mynth is a community-driven database. Every transaction is contributed by M&A and Private Equity professionals who work on the deals themselves. This means our database contains off-market financial data that you will not find in any press release, news article, or traditional data provider. Closed deals, undisclosed valuations, real EBITDA multiples : data that only exists within the deal teams. Every single financial figure submitted is reviewed and validated by our in-house analysts before being published, ensuring the data you see is accurate, structured, and reliable.

What is the best free M&A database?

mynth is the first free M&A database for European Small & Mid-Cap transactions, offering verified EV/EBITDA and EV/Revenue multiples at no cost.

How to find EV/EBITDA multiples for free?

mynth provides free access to EV/EBITDA multiples for European M&A transactions. Sign up for free and receive 30 credits to unlock individual deal financials.

What is a free alternative to Capital IQ?

mynth is a free alternative to Capital IQ for European Small & Mid-Cap M&A data, offering EBITDA multiples, revenue multiples and enterprise values without subscription fees.

← Database

M&A

ADISTA

Acquired by

KEENSIGHT CAPITAL

FRANCE IT Services EV [100m EUR - 500m EUR] 06/2021

ADISTA acquired by KEENSIGHT CAPITAL

FRANCE IT Services EV [100m EUR - 500m EUR] 06/2021

Target

ADISTA

Acquirer

KEENSIGHT CAPITAL

Context

Keensight Capital has signed an agreement to acquire a majority stake in Adista, taking over from Equistone Partners Europe. The deal was structured via a preemptive offer, bypassing a planned auction process due to Adista's strong performance, having doubled its revenue since 2016. The current management team, led by Patrice Bélie, reinvested significantly alongside Keensight and a pool of minority investors including FEF (Mubadala and Bpifrance), GEI, and ILP. The transaction is financed by a unitranche facility provided by Idinvest. This new strategic cycle aims to fuel Adista's "Buy-and-Build" strategy, following the successful integrations of Fingerprint Technologies and Waycom, with the objective of doubling the group's size again within four years.

Target

Founded in 2000, Adista is a leading French independent B2B hosted services provider and telecommunications operator. The company offers a comprehensive "one-stop-shop" for corporate digitalization, specializing in private and public cloud solutions, managed IT services, and integrated fixed and mobile telecom networks. Adista operates its own network of proprietary datacenters across France and serves a diversified portfolio of over 300 clients, ranging from SMEs and mid-caps to public sector entities like hospitals and local authorities. Its strategic value lies in the end-to-end control of service quality, combining the roles of hosting provider, telecom operator, and IT specialist to deliver unified communications and high-security connectivity.

Ent. Value

Equity Value

Multiples Analysis

EV / Revenue

N/A

EV / EBITDA

N/A

EV / EBIT

N/A

Historical Financials (EUR)

Year

Rev

EBITDA

EBIT

2021

2020

Other operations with ADISTA

Date	Acquirer	Target	Country	Sector	Target Description
02/2021	ADISTA	WAYCOM	FRANCE	IT Services	Waycom is a French cloud and telecom operator, integrator, and managed services provider. The company specializes in cloud computing solutions, network connectivity, and unified communications. Waycom is particularly recognized for its operational excellence in multi-site deployments and its strong footprint in the retail sector, serving premium brands such as Okaïdi, Maisons du Monde, and Yves Rocher. With 160 employees and offices in France, Luxembourg, and Canada, the group offers a comprehensive suite of innovative digital solutions tailored for companies of all sizes, with a high degree of expertise in complex managed infrastructure.