At what enterprise value was HARDLOOP acquired in 2026?

You can find the full valuation details of HARDLOOP on mynth capital. 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 HARDLOOP when it was acquired by IXO PRIVATE EQUITY?

The exact EV/EBITDA multiple for HARDLOOP is available on mynth capital. 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 HARDLOOP acquired by IXO PRIVATE EQUITY?

HARDLOOP was acquired by IXO PRIVATE EQUITY in 2026.

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

The revenue of HARDLOOP at the time of the deal is estimated to be in the range of 25M - 50M EUR. Register for free to access the full transaction report and exact valuation multiples.

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 HARDLOOP 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 HARDLOOP 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://www.lejournaldesentreprises.com/article/hardloop-ouvre-son-capital-ixo-private-equity-et-vise-100-millions-deuros-de-chiffre-daffaires-2147235

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Home Database TMT (Tech, Media, Telecom)HARDLOOP

08/2026

IXO PRIVATE EQUITY invests in HARDLOOP

FRANCE Media & Internet / E-commerce & Marketplaces / Specialized E-commerce REV 25M - 50M EUR

Context

A comprehensive shareholder restructuring has been completed at specialized e-commerce platform Hardloop through the entry of asset manager iXO Private Equity into its equity capital. The transaction provides full liquidity to early-stage historical financial backers, including Seventure, SGPA, Kima Ventures, and various angel investors, while enabling co-founders Guillaume Richard and Julien Jérémie to increase their ownership stake and become dominant majority shareholders. Dedicated financing credit lines have simultaneously been arranged to secure capital flexibility for future add-on acquisitions and European market consolidation. From an operational standpoint, Hardloop demonstrates strong trading momentum with 34% revenue growth since the beginning of 2026, projecting to exceed €50 million in turnover for the current year after previously passing the €40 million milestone between 2022 and 2025, with a medium-term target of €100 million in revenue within three years. At the time of the transaction, the platform catalogues nearly 400 brands and over 200,000 new and pre-owned product listings, serving over one million European customers across 15 countries with a workforce of approximately 65 employees distributed between Annecy, Lyon, and Montmélian. In addition, the company has sold roughly 34,000 pairs of hiking boots, 19,000 trail running shoes, 15,000 waterproof jackets, 14,000 backpacks, and 14,500 bike helmets over the last twelve months. The backing from iXO is structured to support catalog diversification, accelerate European geographical expansion, scale the second-hand vertical, and transition the company from a specialized retailer into a leading outdoor platform.

In the past, Hardloop underwent an LBO led by Seventure Partners / Kima Ventures in 2022.

HARDLOOP, which reported an EBITDA margin of LOGIN in 2025, is valued in this transaction at an EV/EBITDA multiple of LOGIN, a level to compare with 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

Established in 2015 by co-founders Guillaume Richard and Julien Jérémie within the French Alps, Hardloop operates as a specialized digital commerce platform dedicated to outdoor sports apparel, footwear, and technical equipment. The company provides a comprehensive product catalog tailored to activities such as hiking, trail running, mountaineering, and cycling. Its business model combines the retail distribution of curated technical gear with an integrated circular offering focused on second-hand items, supported by community engagement initiatives and regional sporting events. Hardloop distributes international performance brands across multiple European geographic markets, managing its administrative and operational fulfillment through several regional hubs in France. By emphasizing customer experience, expert curation, and circular consumption, the business has built a distinct brand identity geared toward mountain enthusiasts, combining premium e-commerce execution with a long-term commitment to sustainable outdoor recreation.

Ent. Value

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Historical Financials (EUR)

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2024

Other operations with HARDLOOP

List of similar M&A transactions (Date, Acquirer, Target, Country, Sector, Deal Context)
Date	Acquirer	Target	Country	Sector	Deal Context
01/2022	SEVENTURE PARTNERS / KIMA VENTURES	HARDLOOP	FRANCE	Media & Internet	Hardloop completed a EUR3 million funding round to accelerate the development of its technological platform and support its European expansion. The round was led by historical investors Seventure Partners and SGPA, alongside a pool of Business Angels and banking partners (Banque Palatine, LCL, Societe Generale). A key component of this transaction is the opening of the company's capital to its employees, allowing the first wave of staff to become shareholders alongside the founders.

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 HARDLOOP by IXO PRIVATE EQUITY 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: hardloop

Acquirer: ixo private equity