At what enterprise value was DRAGON2000 acquired in 2024?

During the acquisition of DRAGON2000 by GROUPE LACOUR in 2024, the company was valued at an estimated revenue multiple of below 5x. The transaction's Enterprise Value is estimated to be in the range of 20M - 50M EUR. 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 13.4x, providing a valuable benchmark for this transaction.

What was the EV/EBITDA of DRAGON2000 when it was acquired by GROUPE LACOUR?

The exact EV/EBITDA multiple for DRAGON2000 is available on mynth capital. For comparison, the TMT (Tech, Media, Telecom) sector currently shows an average EBITDA multiple of 13.4x. Join our community for free to access full valuation data and industry trends.

When was DRAGON2000 acquired by GROUPE LACOUR?

DRAGON2000 was acquired by GROUPE LACOUR in 2024.

What was the revenue of DRAGON2000 at the time of the deal?

The revenue of DRAGON2000 at the time of the deal is estimated to be in the range of 5M - 25M EUR. Register for free to access the full transaction report and exact valuation multiples.

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 DRAGON2000 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 DRAGON2000 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.groupe-lacour.fr/index.php/en/presse-et-actualites

← DATABASE

Home Database TMT (Tech, Media, Telecom)DRAGON2000

10/2024

DRAGON2000

Acquired by

GROUPE LACOUR

UNITED KINGDOM Software / Industry-Specific Software / Automotive EV 20M - 50M EUR

DRAGON2000 acquired by GROUPE LACOUR

UNITED KINGDOM Software / Industry-Specific Software / Automotive EV 20M - 50M EUR

Context

Lacour Group has successfully completed the 100% acquisition of the UK-based software developer Dragon2000, marking its first major international expansion since the 2023 Carlyle LBO. The transaction was funded through a combination of existing cash reserves and CAPEX facilities provided by Capza. This acquisition is a strategic milestone that secures Lacour’s entry into the dynamic British automotive market, adding 1,000 UK clients and €10 million in Annual Recurring Revenue (ARR) to the group’s perimeter. The integration allows Lacour to cross-sell its French aftersales and parts database solutions to the UK market while leveraging Dragon2000’s expertise in dealership management systems. This deal consolidates Lacour’s position as a pan-European leader, scaling its total client base to 10,000 and providing a platform for further expansion into Germany and Spain.

DRAGON2000, which reported an EBITDA margin of LOGIN in 2024, is valued in this transaction at an EV/EBITDA multiple of LOGIN, a level to compare with the average currently observed in the TMT (Tech, Media, Telecom) sector (13.4x).

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.

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Target

Founded in 1995, Dragon2000 is a prominent British developer of Dealer Management Systems (DMS) and integrated software solutions specifically designed for the retail motor trade. The company’s business model centers on providing a unified platform that combines dealership management, specialized accounting, and vehicle sales tools. Its value proposition is built on vertical integration, offering car dealer websites, garage management software, and used car inventory systems to over 1,000 clients, including major automotive partners. Strategically, Dragon2000 operates as a mission-critical digital partner for independent dealers and large automotive groups across the UK. By automating administrative workflows and integrating sales data with back-office accounting, the firm enables motor traders to enhance operational efficiency and digital customer engagement in a highly competitive retail environment.

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Multiples Analysis

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Historical Financials (EUR)

Year

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2024

2023

Other operations with DRAGON2000

REFERENCES

Valuation range: EV 20M - 50M EUR

Revenue range: 5M - 25M EUR

Note: Detailed and exact financial metrics (Enterprise Value, Revenue, EBITDA, and precise Multiples) are reserved for Mynth community members. Register for free to unlock full data.

Authors: 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

Acquirer: groupe lacour