HIPTO acquired by FOUNDERS
Context
The founders of Hipto bought back their independence from Olyn (Gimv-backed holding). The transaction values Hipto at ~EUR20M. Concurrently, Hipto completed its first build-up by acquiring Zone ADSL&Fibre, a telecom comparison platform. The goal is to reach EUR100M in revenue within 2 years by shifting value toward intentional and qualified leads in a post-cold calling era.
HIPTO, 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
A leading European MarTech specialized in "conversational lead generation." Hipto uses proprietary technology to capture high-intent leads on social media and qualify them for major brands across various sectors (Insurance, Energy, Telecoms).
Ent. Value
LOGIN
Equity Value
LOGIN
Multiples
EV / Revenue
LOGIN
EV / EBITDA
LOGIN
EV / EBIT
LOGIN
Historical Financials (EUR)
Similar deals in TMT (Tech, Media, Telecom)
| Date | Acquirer | Target | Country | Sector | Deal Context |
|---|---|---|---|---|---|
| 02/2026 | EXTENS | ORTHALIS & DENTALSOFT GROUP | FRANCE | Software | Extens structured a majority MBI to merge Orthalis and Dentalsoft into a new holding entity called SignalSoft Developpement. The project is led by Laurent Urien (CEO), who takes over from the exiting founders |
| 02/2026 | CISION | TRAJAAN | FRANCE | Software | Cision acquired 100% of Trajaan to integrate advanced search intelligence and LLM analysis into its media intelligence suite. The deal follows a competitive process involving three potential buyers. The transaction provides an exit for the founders and business angels (who invested EUR650k in 2023) |
| 01/2026 | HARVEST | FIRSTANCE | ITALY | Software | Harvest has successfully finalized the acquisition of 100% of the share capital of Firstance, following its previous international expansion into the DACH region. The strategic rationale for this transaction is to create a unified European WealthTech champion by merging Harvest’s leading position in wealth management software with Firstance’s dominant digital distribution platform for life insurance |
| 01/2026 | TCV | PENNYLANE | FRANCE | Software | Pennylane raised EUR175M in a Series E funding round led by TCV and Blackstone. This round valued the company at approx. EUREUR3.5B. The funds are earmarked for product innovation (notably AI features) and accelerating market penetration among accounting firms |
| 01/2026 | MONTEFIORE INVESTMENT / ACTIVA CAPITAL | ARCHE MC2 | FRANCE | Software | Montefiore Investment has entered into exclusive negotiations to acquire a joint-controlling equity stake in Arche MC2, forming an equal 50/50 partnership with the company's historical financial sponsor, Activa Capital |
| 01/2026 | CORILUS | SOFIA DEVELOPPEMENT | FRANCE | Software | Corilus acquired Sofia Developpement. This strategic cross-border merger creates a leading Franco-Belgian player with 70,000 users. The transaction marks a successful exit for IK Partners, which nearly doubled the company's valuation in two years through organic growth and key acquisitions (LogicMax, ComptaSante) |
| 01/2026 | SIEMENS | ASTER TECHNOLOGIES | FRANCE | Software | Siemens acquired ASTER Technologies to create a comprehensive "shift-left" design-to-manufacturing flow for printed circuit board assemblies (PCBA). By integrating ASTER's DFT and test coverage analysis tools, Siemens enables customers to detect defects earlier in the design cycle, reducing costs and accelerating time-to-market |
| 01/2026 | VERITAS CAPITAL | GLOBAL HEALTHCARE EXCHANGE | UNITED STATES | Software | Veritas Capital has acquired a majority stake in Global Healthcare Exchange (GHX), a leading supply chain software platform powering mission-critical connectivity between healthcare providers and suppliers |
| 12/2025 | SMARTTRADE TECHNOLOGIES | KACE FINANCIAL | UNITED KINGDOM | Software | smartTrade Technologies has acquired kACE Financial to create a unified, multi-asset trading and payments platform. This transformational acquisition combines smartTrade’s low-latency SaaS infrastructure with kACE’s specialized expertise in FX derivatives and complex pricing analytics |
| 12/2025 | OAKLEY CAPITAL INVESTMENTS | BREVO | FRANCE | Software | The SaaS customer relationship management software provider welcomes Oakley and General Atlantic alongside its long-standing clients Bridgepoint and Bpifrance. The company also announces the departure of Partech, which had been a customer for 8 years |
REFERENCES
Valuation range: EV 10M - 30M EUR
Revenue range: 25M - 50M EUR
EBITDA range: 0M - 5M EUR
Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of HIPTO by FOUNDERS 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).