At what enterprise value was ALCHEMY acquired in 2018?

During the acquisition of ALCHEMY by INTERTEK in 2018, the company was valued at an estimated revenue multiple of 5x - 12x. The transaction's Enterprise Value is estimated to be in the range of 300M - 700M USD. 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 14.4x, providing a valuable benchmark for this transaction.

What was the EV/EBITDA of ALCHEMY when it was acquired by INTERTEK?

The estimated EV/EBITDA multiple for ALCHEMY is in the range of 15x - 25x. For comparison, the TMT (Tech, Media, Telecom) sector currently shows an average EBITDA multiple of 14.4x. Join our community for free to access full valuation data and industry trends.

When was ALCHEMY acquired by INTERTEK?

ALCHEMY was acquired by INTERTEK in 2018.

What was the revenue of ALCHEMY at the time of the deal?

The revenue of ALCHEMY at the time of the deal is estimated to be in the range of 50M - 100M USD. Register for free to access the full transaction report and exact valuation multiples.

What was the EBITDA of ALCHEMY during the acquisition?

ALCHEMY's EBITDA is estimated to be in the range of 10M - 30M USD. 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 ALCHEMY 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 ALCHEMY 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.intertek.com/news/2018/08-03-intertek-to-acquire-alchemy/

← DATABASE

Home Database TMT (Tech, Media, Telecom)ALCHEMY

08/2018

ALCHEMY acquired by INTERTEK

UNITED STATES Software / Industry-Specific Software EV 300M - 700M USD

Context

Intertek has entered into a definitive agreement to acquire Alchemy from the private equity firm The Riverside Company. This acquisition strategically expands the acquirer,s global Assurance business by adding a bespoke People Assurance SaaS offering that focuses on employee skills and frontline productivity. The integration is expected to yield strong commercial synergies, particularly within the food supply chain where both companies maintain a significant footprint. The target's subscription-based revenue model, characterized by three-year contracts and high client retention rates, provides excellent revenue visibility and strengthens the acquirer's financial profile. The management team of the target will remain with the business to drive the next phase of growth, which includes scaling the software solutions to industries beyond the food sector, such as manufacturing and retail, across the acquirer's global network.

ALCHEMY, which reported an EBITDA margin of LOGIN in 2018, is valued in this transaction at an EV/EBITDA multiple of LOGIN, representing a LOGIN to the average currently observed in the TMT (Tech, Media, Telecom) sector (14.4x).

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.

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

Target

Alchemy is an industry leader in technology-enabled People Assurance solutions, specifically designed for the frontline workforce in the food industry. The company,s business model focuses on a cloud-based SaaS platform that delivers interactive learning and monitoring tools to identify and close critical skills gaps. By providing bespoke content and digital workflow management, Alchemy helps multi-site organizations drive safety, productivity, and operational excellence while ensuring compliance with increasingly complex global food safety regulations. Its scalable technology platform serves over 1,100 clients, offering a high-margin, capital-light solution that monitors frontline operations in real-time. The value proposition is centered on "closing the loop" between operational procedures and actual employee skills, providing mission-critical quality assurance for corporations with large deskless workforces.

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (USD)

Year

Rev

EBITDA

EBIT

2018

2017

Similar deals in TMT (Tech, Media, Telecom)

List of similar M&A transactions (Date, Acquirer, Target, Country, Sector, Deal Context)
Date	Acquirer	Target	Country	Sector	Deal Context
10/2018	SABA SOFTWARE	LUMESSE EX STEPSTONE SOLUTIONS	GERMANY	Software	Private equity firm Hg (formerly HgCapital) has reached a definitive agreement to divest the HR software company Lumesse to trade buyer Saba Software, which is currently backed by private equity sponsor Vector Capital
09/2018	INSIGHT VENTURE PARTNERS	OPTIMIZELY (EX EPISERVER)	UNITED STATES	Software	In a significant move within the marketing technology landscape, Insight Venture Partners has entered into a definitive agreement to acquire Optimizely from Accel-KKR. This transaction represents a major milestone for Optimizely, following a period of "hyper-growth" characterized by the successful transition to a SaaS-led model and the expansion of its Digital Experience Cloud™ platform
07/2018	SANDVIK	METROLOGIC GROUP	FRANCE	Software	In a move that significantly reinforces its digital manufacturing roadmap, Sandvik AB has entered into an agreement to acquire Metrologic Group from Astorg Partners. The transaction represents a valuation multiple that reflects Metrologic's high-margin profile and its critical position in the industrial software ecosystem
05/2018	CATHAY CAPITAL	NEOXAM	FRANCE	Software	Cathay Capital and Bpifrance have entered into an agreement to acquire NeoXam from BlackFin Capital Partners, with the goal of supporting the company's next phase of growth. Following BlackFin's successful backing of NeoXam's creation and international expansion after its carve-out in 2014, the firm is now passing the torch to a new ownership structure comprising two investors who share the ambition of accelerating the financial software publisher's global growth
02/2018	IK PARTNERS	QUESTEL GROUP	FRANCE	Software	IK Partners entered into exclusive negotiations to acquire a significant stake in Questel, with a structured mechanism to become the majority shareholder over time. This transaction marks the exit of Capzanine as a shareholder (though it remains the unitranche debt provider) and the reinvestment of Raise alongside IK Partners and CEO Charles Besson
02/2018	LINK MOBILITY	TERACOMM	BULGARIA	Software	The acquisition Teracomm by LINK Mobility Group, designed to consolidate the mobile messaging market in South-Eastern Europe. The strategic rationale focuses on building a unified regional platform by creating synergy between Teracomm and LINK’s existing regional operations
01/2018	LINK MOBILITY	TOTALCONNECT	ITALY	Software	LINK Mobility Group ASA has completed the 100% acquisition of the share capital of Archynet s.r.l., known as "Total Connect." The acquisition was conducted on a cash-free, debt-free basis, effectively integrating the Italian mobile messaging business into the Group's existing portfolio
01/2018	LINK MOBILITY	HORISEN MESSAGING	SWITZERLAND	Software	LINK Mobility Group ASA completed the acquisition of 100% of the voting equity instruments of Horisen Messaging, a Swiss-based subsidiary carved out from HORISEN AG. The acquisition was a strategic move by LINK Mobility to consolidate its position in the European mobile messaging market
01/2018	CORSAIR CAPITAL	RGI GROUP	ITALY	Software	Corsair Capital has agreed to acquire RGI Group from Ardian Expansion, the company founder and the management team. Under Ardian's ownership (2014-2018), RGI transformed from a domestic Italian player into a European leader through the strategic acquisition of Kapia Solutions in France and organic growth
10/2017	FIVE ARROWS	A2MAC1	FRANCE	Software	This transaction represents a primary leveraged buyout marking the first entry of a private equity sponsor into the company's capital. Following a highly competitive auction process managed by a premier investment bank, the incoming financial partner secured absolute majority control, allowing the founding shareholders to exit their positions

REFERENCES

Valuation range: EV 300M - 700M USD

Revenue range: 50M - 100M USD

EBITDA range: 10M - 30M USD

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of ALCHEMY by INTERTEK 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).

Press release: view release

Target: alchemy

Acquirer: intertek