mynth
11/2023

DIAPASON acquired by PSG EQUITY

FRANCE Software / ERP, HR & Finance REV €10–30M

Context

Diapason, a premier French software vendor specializing in Treasury and Risk Management Systems (TRMS), has entered a new growth phase through a strategic partnership with PSG Equity. This transaction positions PSG as the majority shareholder, succeeding Seven2 (formerly Apax Partners Development), which had been an investor since 2020.

DIAPASON, which reported an EBITDA margin of [members only] in 2022, 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 (14.6x).

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

Target

Founded in 2009, Diapason provides a comprehensive suite for automating treasury processes, securing payments, and managing financial risk. The company currently serves over 100 clients (including 35% of the CAC 40) and supports 10,000 users across more than 50 countries. Its modular offering includes myDiapason Enterprise for large corporations and myDiapason Treasury tailored for mid-market companies (ETIs).

Ent. Value

€10–30M

Equity Value

[members only]

Multiples

EV / Revenue

[members only]

EV / EBITDA

[members only]

EV / EBIT

[members only]

Historical Financials (EUR)

Year
Rev
EBITDA
EBIT
2022
€10–30M
[members only]
[members only]
2021
€10–30M
[members only]
[members only]

Similar deals in Software

Similar deals in Software

List of similar M&A transactions (Date, Acquirer, Target, Country, Sub-sector)
DateAcquirerTargetCountrySector
12/2023SEPTEOSEQUOIASOFTFRANCETravel & Hospitality
12/2023HG CAPITALVISMA GROUPNORWAYERP, HR & Finance
11/202321 INVESTCONEXFRANCEIndustry-Specific Software
11/2023KEYSIGHT TECHNOLOGIESESI GROUPFRANCEEngineering & Design Software
11/2023DEVOLVER DIGITALSYSTEM ERA SOFTWORKSUNITED STATESGaming & Consumer Apps
11/2023ARCHIMEDINSTEMUNITED KINGDOMHealthcare
11/2023OCEANSOUND PARTNERSMESSAGE BROADCASTUNITED STATESMarTech
11/2023OPTIMIZERXMEDICX HEALTHUNITED STATESAdTech
10/2023SANDVIKESCOGERMANYSupply Chain & Ops
10/2023CAPZATRAVELSOFTFRANCETravel & Hospitality

REFERENCES

Revenue range: €10–30M

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

Target: diapason

Acquirer: psg equity