mynth
07/2016

DEDALUS acquired by ARDIAN

ITALY Software / Industry-Specific Software / Healthcare REV €100–200M

Context

Ardian signed an agreement to acquire approximately 60% of Dedalus Holding from Mandarin Capital Partners, Hutton Collins Partners, and Health Holding Company. The founder reinvested to retain a 40% stake and continued to lead the group as CEO and Chairman to ensure management continuity. The transaction was strategically timed following Dedalus's acquisition of a majority stake in NoemaLife, a listed competitor. The partnership with Ardian is designed to provide the financial resources and international network necessary to drive a large-scale consolidation process in the European healthcare IT market. The strategic focus under Ardian's ownership centers on scaling the business across 25 countries, increasing R&D investments for clinical innovation, and optimizing service delivery models.

DEDALUS, which reported an EBITDA margin of [members only] in 2016, is valued in this transaction at an EV/EBITDA multiple of [members only], to compare with the average currently observed in the TMT (Tech, Media, Telecom) sector (14.7x).

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Target

Founded in 1982, Dedalus is a leading global provider of healthcare software solutions. The company specializes in clinical and diagnostic systems, hospital information systems, and administrative software for both public and private healthcare facilities. Following its merger with NoemaLife, it became the leading clinical software player in Italy and one of the largest in Europe.

Ent. Value

€100–200M

Equity Value

[members only]

Multiples

EV / Revenue

[members only]

EV / EBITDA

[members only]

EV / EBIT

[members only]

Historical Financials (EUR)

Year
Rev
EBITDA
EBIT
2016
€100–200M
[members only]
[members only]
2015
€100–200M
[members only]
[members only]

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REFERENCES

Revenue range: €100–200M

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

Press release: view release

Acquirer: ardian