At what enterprise value was IAD acquired in 2021?

During the acquisition of IAD by INSIGHT PARTNERS in 2021, the company was valued at an estimated revenue multiple of below 5x. The transaction's Enterprise Value is estimated to be in the range of 1b - 4b 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 IAD when it was acquired by INSIGHT PARTNERS?

The estimated EV/EBITDA multiple for IAD 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 IAD acquired by INSIGHT PARTNERS?

IAD was acquired by INSIGHT PARTNERS in 2021.

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

The revenue of IAD at the time of the deal is estimated to be in the range of 250M - 500M EUR. Register for free to access the full transaction report and exact valuation multiples.

What was the EBITDA of IAD during the acquisition?

IAD's EBITDA is estimated to be in the range of 50M - 100M 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 IAD 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 IAD 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://ikpartners.com/press-release/insight-partners-agree-to-invest-in-iad-alongside-ik-partners/

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Home Database TMT (Tech, Media, Telecom)IAD

02/2021

INSIGHT PARTNERS invests in IAD

FRANCE Media & Internet / E-commerce & Marketplaces EV 1b - 4b EUR

Context

Insight Partners is acquiring a minority equity stake in iad International. The transaction was announced in February 2021 and follows a competitive sale process led by Lazard and JP Morgan. Existing shareholders including IK Investment Partners, Five Arrows Principal Investments, Naxicap Partners and the company’s founders will retain significant ownership after the closing. The deal is structured as a full‑equity purchase, with the possibility of subsequent unitranche financing to fund future growth. The acquisition aligns with Insight’s focus on digital platforms that enable scalable, asset‑light business models. iad’s proprietary technology and extensive agent network provide a foundation for rapid expansion into new geographies, particularly the United States, where Insight seeks to replicate the European growth trajectory. By joining the board, Insight will contribute capital, strategic guidance and access to its global network of digital operators. Insight will leverage its experience with platform‑scale companies to enhance iad’s product roadmap, including AI‑based lead generation and cross‑border transaction capabilities. The partnership also provides a conduit for Insight’s existing portfolio to access iad’s agent network. Post‑transaction, iad is expected to accelerate development of its technology stack, deepen data‑driven pricing tools and extend its service offering into rental markets. The infusion of capital should support organic growth and potential acquisitions in North America, enhancing market share against traditional brokerages. The partnership also anticipates improved cost efficiencies through shared best practices and expanded referral mechanisms, reinforcing iad’s position as a low‑fee, technology‑driven broker. In addition, the capital raise will enable iad to invest in compliance infrastructure required for U.S. market entry, while maintaining its low‑fee commission model. The combined resources are projected to increase transaction volume and broaden the client base among residential and commercial sellers seeking digital brokerage services.

In the past, the company underwent an LBO led by Ik Partners / Five Arrows in 2016, and continued an active consolidation strategy by notably acquiring Neximo (2020).

IAD, which reported an EBITDA margin of LOGIN in 2021, 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.

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Target

IAD was founded in 2008 as a services platform for independent real estate consultants operating under an alternative intermediation model. The company provides a suite of tools that includes property listing publication, agent training programmes, legal assistance, and rental‑management solutions. Its platform aggregates more than three thousand independent agents who rely on the service suite to conduct transactions across the French residential market. Headquartered in Lieusaint, the firm employs sixty‑four staff members who maintain the technology infrastructure, coordinate training, and manage regulatory compliance. IAD continuously refines its digital offering, integrating new modules such as client relationship management and automated valuation tools to enhance agent productivity. The platform’s revenue model combines subscription fees, transaction‑based commissions, and value‑added service charges, creating recurring income streams tied to agent activity.

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Other operations with IAD

List of similar M&A transactions (Date, Acquirer, Target, Country, Sector, Deal Context)
Date	Acquirer	Target	Country	Sector	Deal Context
09/2020	IAD	NEXIMO	MEXICO	Media & Internet	IAD has acquired Neximo, a Mexican digital real‑estate network, through an initial purchase of a 33 % equity stake that confers more than 50 % of voting rights, with a commitment to reach full ownership by 2024
06/2016	IK PARTNERS / FIVE ARROWS	IAD	FRANCE	Media & Internet	IK Investment Partners, together with Five Arrows Principal Investments, is acquiring a majority stake in I@D Holding through a newly formed holding company. The transaction follows an exclusivity agreement signed with the founders and Naxicap Partners, and it will be completed subject to customary legal and regulatory approvals

REFERENCES

Valuation range: EV 1b - 4b EUR

Revenue range: 250M - 500M EUR

EBITDA range: 50M - 100M EUR

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

Acquirer: insight partners