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01/2026

FORMICON acquired by TRITON PARTNERS

GERMANY Real Estate Services / Services / Architecture & Engineering REV 25M - 50M EUR

Context

Triton has announced the establishment of Formicon by consolidating four architecture and engineering firms. The goal is to create a German market leader capable of covering all service phases of construction projects (from "Phase Zero" to completion). The group will serve as a single point of contact for public and commercial clients.

FORMICON, which reported an EBITDA margin of in 2025, is valued in this transaction at an EV/EBITDA multiple of .

Target

Formicon is a nationwide group of architecture and engineering firms in Germany with around 180 employees and locations in Düsseldorf, Dresden, Erfurt, Friedberg, Frankfurt am Main (the company s headquarters), Gießen, Hamburg, Leipzig, and Lippstadt. The company focuses on the integrated planning of demanding and complex projects for public-sector clients, municipalities and cities, as well as commercial customers, with an emphasis on efficient, future‑ready, and responsible construction.

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (EUR)

Year
Rev
EBITDA
EBIT
2025
2024

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REFERENCES

Revenue range: 25M - 50M EUR

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

Press release: view release

Acquirer: triton partners