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EDL

Acquired by

ABENEX

FRANCE Software EV [100m EUR - 500m EUR] 05/2021

Target

EDL

Acquirer

ABENEX

Context

Abenex acquired a majority stake in EDL from its founders. This primary LBO aimed to professionalize the group's governance, provide it with the financial resources necessary to implement a buy-and-build strategy, and finally to transform the company from its position as a leader in France into a major European platform.

EDL, which reported an EBITDA margin of LOGIN in 2020, is valued in this transaction at an EV/EBITDA multiple of LOGIN, representing a LOGIN premium to the 13.1x average currently observed in the TMT (Tech, Media, Telecom) sector.

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

EDL is a leading European software publisher specialized in medical imaging and diagnostic services. The company's flagship product, the Xplore software suite, provides public and private healthcare institutions with a full-web, integrated solution designed to optimize the operation of medical imaging platforms. EDL s solutions are highly regarded for their technical robustness, ergonomics, and functional depth, covering everything from appointment scheduling to billing and teleradiology.

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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2020
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2019
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Other operations with EDL

DateAcquirerTargetCountrySectorDeal Context
09/2024DENTRESSANGLEEDLFRANCEHealthcare

DENTRESSANGLE Capital acquired a majority stake in EDL from the private equity firm Abenex. This transaction was carried out at a high valuation multiple, reflecting EDL's exceptional profitability (50% EBITDA margin) and dominant market position. The management team reinvested significantly alongside DENTRESSANGLE. The strategic rationale for this "LBO bis" is to accelerate EDL's European footprint through targeted build-up acquisitions and to enhance its technological lead by further integrating AI into the Xplore suite. This transaction marks a successful exit for Abenex, which had supported the group since 2021, overseeing its expansion into the DACH region and Belgium.

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.