At what enterprise value was ENNOV acquired in 2026?

During the acquisition of ENNOV by BREGAL SAGEMOUNT / ARDIAN in 2026, the company was valued at an estimated revenue multiple of 5x - 12x. The transaction's Enterprise Value is estimated to be in the range of 300M - 700M 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 14.8x, providing a valuable benchmark for this transaction.

What was the EV/EBITDA of ENNOV when it was acquired by BREGAL SAGEMOUNT / ARDIAN?

The estimated EV/EBITDA multiple for ENNOV is in the range of Above 20x. For comparison, the TMT (Tech, Media, Telecom) sector currently shows an average EBITDA multiple of 14.8x. Join our community for free to access full valuation data and industry trends.

When was ENNOV acquired by BREGAL SAGEMOUNT / ARDIAN?

ENNOV was acquired by BREGAL SAGEMOUNT / ARDIAN in 2026.

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

The revenue of ENNOV at the time of the deal is estimated to be in the range of 50M - 100M EUR. Register for free to access the full transaction report and exact valuation multiples.

What was the EBITDA of ENNOV during the acquisition?

ENNOV's EBITDA is estimated to be in the range of 10M - 30M EUR. Join our community for free to access complete and exact deal data.

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 ENNOV 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 ENNOV 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.ardian.com/fr/actualites-perspectives/communiques-de-presse/ennov-annonce-linvestissement-strategique-de-bregal

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Home Database TMT (Tech, Media, Telecom)ENNOV

05/2026

ENNOV acquired by BREGAL SAGEMOUNT & ARDIAN

FRANCE Software / Industry-Specific Software / Healthcare EV 300M - 700M EUR

Context

The transaction represents a transition of ownership from a founder-led corporate structure to a sponsor-backed primary LBO. The core industrial rationale of the ownership transfer is to match the target's capital structure with its cross-border scaling ambitions, specifically accelerating market share gains in the high-volume North American life sciences software sector. The timing of the transaction reflects the inflection point where the target requires institutional private equity expertise and global capital to scale its commercial distribution network. Post-acquisition, the strategic focus will prioritize aggressive investment in international go-to-market execution, technological R&D to embed enterprise-grade AI capabilities, and broader product suite expansion. The transaction is capitalized via a unitranche debt facility provided by a US credit fund, engineered to deliver the long-term balance sheet flexibility required for rapid product and commercial scaling. Continuity of leadership is maintained, with the founder and existing management team retaining executive control to execute the next growth phase.

ENNOV, which reported an EBITDA margin of LOGIN in 2025, is valued in this transaction at an EV/EBITDA multiple of LOGIN, representing a LOGIN to the average currently observed in the TMT (Tech, Media, Telecom) sector (14.8x).

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.

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

Target

Ennov functions as a mission-critical infrastructure software provider tailored for the life sciences and healthcare ecosystems, which are defined by rigorous, ever-evolving compliance mandates enforced by global regulatory bodies like the FDA and the EMA. The target’s competitive positioning relies on replacing fragmented, legacy point solutions with a unified software platform that centralizes highly sensitive workflows, including regulatory affairs, pharmacovigilance, clinical trials, and quality management. The business model is driven by a predictable SaaS and cloud subscription revenue architecture sold to a global pharmaceutical and biotechnology customer base. Given the deeply embedded nature of regulatory systems in life sciences workflows, the target benefits from exceptionally high customer switching costs, driving strong net retention rates and long-term cash flow visibility. The primary value driver resides in the integration of data and content management onto a single database, which directly reduces time-to-market for clinical pipelines while eliminating cross-border compliance risks. ARR expansion is further fueled by the monetisation of advanced automated data-processing modules powered by artificial intelligence.

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REFERENCES

Valuation range: EV 300M - 700M EUR

Revenue range: 50M - 100M EUR

EBITDA range: 10M - 30M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of ENNOV by BREGAL SAGEMOUNT / ARDIAN are reserved for mynth community members. Register for free to unlock full data.

Authors: verified 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

Target: ennov

Acquirer: ardian / bregal sagemount