mynth
11/2023

IAGONA acquired by IRD INVEST

FRANCE Hardware & Electronics / IT Equipment EV 20M - 50M EUR

Context

Iagona reorganized its capital in a secondary LBO led by IRD Invest. The deal allowed historical investors UI Investissement and IDF Capital to exit. Management, led by Pascal Hermandesse, retains a significant stake (approx. 1/3). The funding aims to support organic growth and strategic acquisitions in Europe to reach EUR100M in revenue.

IAGONA, which reported an EBITDA margin of in 2022, is valued in this transaction at an EV/EBITDA multiple of , representing a level 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.

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Target

A European specialist in digital transformation solutions for customer journeys. Iagona designs and integrates self-service kiosks (banking deposits, payment, check-in) and dynamic digital signage solutions. The company serves diverse sectors including banking, retail, healthcare, and public administration.

Ent. Value

Equity Value

Multiples

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EV / EBITDA

EV / EBIT

Historical Financials (EUR)

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2022
2021

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REFERENCES

Valuation range: EV 20M - 50M 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 IAGONA by IRD INVEST 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).

Target: iagona

Acquirer: ird invest