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DEDALUS

Acquired by

ARDIAN

ITALY Software REV [100m EUR - 500m EUR] 07/2016

Target

DEDALUS

Acquirer

ARDIAN

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.

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.

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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

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Equity Value

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Multiples Analysis

EV / Revenue

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EV / EBITDA

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EV / EBIT

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Historical Financials (EUR)

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EBITDA
EBIT
2016
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2015
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Other operations with DEDALUS

mynth data is contributed by M&A / PE professionals and systematically cross-verified against private deal documents and official releases. All source materials are destroyed post-validation to guarantee data anonymity and compliance.