At what enterprise value was AKKA TECHNOLOGIES acquired in 2021?

You can find the full valuation details of AKKA TECHNOLOGIES on mynth capital. The transaction's Enterprise Value is estimated to be in the range of 1b - 4b 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 Business Services industry currently tracks an average EBITDA multiple of 11.1x, providing a valuable benchmark for this transaction.

What was the EV/EBITDA of AKKA TECHNOLOGIES when it was acquired by THE ADECCO GROUP?

The estimated EV/EBITDA multiple for AKKA TECHNOLOGIES is in the range of 10x - 18x. For comparison, the Business Services sector currently shows an average EBITDA multiple of 11.1x. Join our community for free to access full valuation data and industry trends.

When was AKKA TECHNOLOGIES acquired by THE ADECCO GROUP?

AKKA TECHNOLOGIES was acquired by THE ADECCO GROUP in 2021.

What was the EBITDA of AKKA TECHNOLOGIES during the acquisition?

AKKA TECHNOLOGIES's EBITDA is estimated to be in the range of 100M - 200M EUR. Join our community for free to access complete and exact deal data.

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 AKKA TECHNOLOGIES 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 AKKA TECHNOLOGIES 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://capitalfinance.lesechos.fr/deals-m-a/large-cap/en-valorisant-akka-2-md-adecco-veut-creer-le-n02-mondial-du-conseil-en-ingenierie-1335316

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Home Database Business ServicesAKKA TECHNOLOGIES

09/2021

AKKA TECHNOLOGIES acquired by THE ADECCO GROUP

FRANCE Industrial Services / Engineering & Consulting EV 1b - 4b EUR

Context

Adecco Group announced the acquisition of a controlling stake in Akka Technologies from the Ricci family and Swilux, followed by a Mandatory Tender Offer for the remaining shares. The transaction values Akka at an Enterprise Value of EUR2.0 billion. The strategic rationale is to combine Akka with Adecco's high-tech brand, Modis. The combined entity creates the world's second-largest player in the ER&D (Engineering Research & Development) market, with 50,000 engineers and leadership in the "Smart Industry" segment. The deal aims to generate significant synergies (EUR200M revenue, EUR65M cost) and balance the geographical footprint between Europe, North America, and APAC.

AKKA TECHNOLOGIES, which reported an EBITDA margin of LOGIN in 2022, is valued in this transaction at an EV/EBITDA multiple of LOGIN, representing a LOGIN to the average currently observed in the Business Services sector (11.1x).

Note that 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.

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Target

Founded in 1984 by Maurice Ricci, Akka Technologies grew to become a European leader in engineering consulting and R&D services. The company specializes in assisting Corporate clients—particularly in the Automotive and Aerospace sectors—throughout their product life cycles. Akka is renowned for its expertise in "Mobility" (autonomous driving, connected cars, electric vehicles) and digital technologies (AI, IoT, Big Data). In 2020, despite the pandemic hitting the transport sector, Akka generated EUR1.5 billion in revenue and employed 20,000 engineers.

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REFERENCES

Valuation range: EV 1b - 4b EUR

EBITDA range: 100M - 200M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of AKKA TECHNOLOGIES by THE ADECCO GROUP are reserved for mynth community members. Register for free to unlock full data.

Authors: verified mynth contributor (mynth data is contributed by M&A / PE professionals and systematically cross-verified with private deal documents and official press releases).

Acquirer: the adecco group