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.

The transaction values ADONYS SECURITY at an EV/Revenue multiple of LOGIN.

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, 3.2% 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.