Who owns AKKA TECHNOLOGIES?

AKKA TECHNOLOGIES has been 100% owned by THE ADECCO GROUP since September 2021.

At what enterprise value was AKKA TECHNOLOGIES acquired in 2021?

During the acquisition of AKKA TECHNOLOGIES by THE ADECCO GROUP in 2021, the transaction's Enterprise Value is estimated to be in the range of 1b - 4b EUR.

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.

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.

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

What is the average EV/EBITDA multiple for the Business Services sector in 2026?

The average EV/EBITDA multiple for the Business Services sector in 2026 is 11.4x.

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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 in 2022, is valued in this transaction at an EV/EBITDA multiple of , representing a to the average currently observed in the Business Services sector (11.4x).

-> Deep-dive in Business Services market trends

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.

Ent. Value

Equity Value

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EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (EUR)

Year

Rev

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2022

2021

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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: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.

Acquirer: the adecco group