IAGONA acquired by IRD INVEST
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 [members only] in 2022, is valued in this transaction at an EV/EBITDA multiple of 15x–25x, representing a level close to the average currently observed in the TMT (Tech, Media, Telecom) sector (14.7x).
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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
€20–50M
Equity Value
[members only]
Multiples
EV / Revenue
below 1.5x
EV / EBITDA
15x–25x
EV / EBIT
[members only]
Historical Financials (EUR)
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REFERENCES
Valuation range: EV €20–50M
Revenue range: €25–50M
EBITDA range: €0–5M
EV/Revenue range: below 1.5x
EV/EBITDA range: 15x - 25x
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: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.
Target: iagona
Acquirer: ird invest