At what enterprise value was ADONYS SECURITY acquired in 2025?

During the acquisition of ADONYS SECURITY by LEHIBOU in 2025, the company was valued at an estimated revenue multiple of below 5x. The transaction's Enterprise Value is estimated to be in the range of 10M - 30M 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 TMT (Tech, Media, Telecom) industry currently tracks an average EBITDA multiple of 14.5x, providing a valuable benchmark for this transaction.

What was the EV/EBITDA of ADONYS SECURITY when it was acquired by LEHIBOU?

The exact EV/EBITDA multiple for ADONYS SECURITY is available on mynth capital. For comparison, the TMT (Tech, Media, Telecom) sector currently shows an average EBITDA multiple of 14.5x. Join our community for free to access full valuation data and industry trends.

When was ADONYS SECURITY acquired by LEHIBOU?

ADONYS SECURITY was acquired by LEHIBOU in 2025.

What was the revenue of ADONYS SECURITY at the time of the deal?

The revenue of ADONYS SECURITY at the time of the deal is estimated to be in the range of 5M - 25M EUR. Register for free to access the full transaction report and exact valuation multiples.

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 ADONYS SECURITY 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 ADONYS SECURITY 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.maddyness.com/2025/09/19/lehibou-procede-au-premier-rachat-de-son-histoire/

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Home Database TMT (Tech, Media, Telecom)ADONYS SECURITY

09/2025

ADONYS SECURITY acquired by LEHIBOU

FRANCE IT Services / Consulting & Integration / Cybersecurity Services EV 10M - 30M EUR

Context

LeHibou completed its first strategic acquisition by taking over Adonys Security from the Adonys Group. This transaction is a key move to verticalize LeHibou's service offering in the high-margin cybersecurity market, aiming to grow this specific business unit from EUR12M to over EUR30M in revenue. The strategic rationale is based on immediate commercial synergies: LeHibou will cross-sell Adonys' deep technical security expertise to its existing portfolio of blue-chip clients who are facing increasing cyber threats. This acquisition marks LeHibou's evolution from a horizontal talent platform to a specialized IT services provider capable of managing complex, high-stakes technical projects.

ADONYS SECURITY, which reported an EBITDA margin of in 2025, is valued in this transaction at an EV/EBITDA multiple of , a level to compare with the average currently observed in the TMT (Tech, Media, Telecom) sector (14.5x).

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

Target

Adonys Security is a specialized cybersecurity consulting firm providing high-level expertise in critical infrastructure protection, Security Operations Centers (SOC), AI security, and Governance, Risk, and Compliance (GRC). Originally a subsidiary of the IT services group Adonys, the firm serves major financial institutions (BNP Paribas, La Banque Postale) and large enterprises. Its model blends consulting, integration, and operational security services, utilizing a network of highly qualified experts and dedicated in-house staff to address complex cyber threats for Tier-1 corporate clients.

Ent. Value

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2025

2024

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REFERENCES

Valuation range: EV 10M - 30M EUR

Revenue 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 ADONYS SECURITY by LEHIBOU 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: adonys security