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02/2026Minority

Verto Growth invests in Mytower

FRANCE Software / Supply Chain & Ops EV €20–50M

Context

Verto Growth acquired Reflexion Capital's minority stake in MyTower, becoming the new reference minority shareholder behind the majority management team. The sale process was managed by Rothschild & Co. Reflexion Capital exits with a gross money-on-money multiple of 4x and a net IRR of 38.7%, representing its first-ever portfolio exit. Verto's investment thesis centres on MyTower's modern technology stack, its strong positioning in the growing shipper TMS market, and its potential to become a reference European software platform through an active build-up strategy. Verto may take a controlling stake if a transformative acquisition is finalised in the coming months. Crystal Group retains a small residual minority position.

Mytower, which reported an EBITDA margin of [members only] in 2025, is valued in this transaction at an EV/EBITDA multiple of [members only], to compare with the average currently observed in the TMT (Tech, Media, Telecom) sector (14.6x in 2026).

-> Deep-dive in TMT (Tech, Media, Telecom) market trends

Target

MyTower is a French software publisher specialising in the digitalisation of transport and international trade operations, originally developed as a technology within Crystal Group before becoming an independent entity in 2018. The company offers a next-generation Transportation Management System (TMS) for shippers — distinct from carrier-side TMS — as well as Global Trade Management (GTM) solutions encompassing supply chain management and customs compliance. MyTower's platform interfaces with ERP and WMS systems, facilitating data exchange between industrial and distribution clients and their transport providers and suppliers.

Ent. Value

€20–50M

Equity Value

[members only]

Multiples

EV / Revenue

2x–6x

EV / EBITDA

[members only]

EV / EBIT

[members only]

Historical Financials (EUR)

Year
Rev
EBITDA
EBIT
2025
€5–25M
[members only]
[members only]
2024
€5–25M
[members only]
[members only]

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REFERENCES

Valuation range: EV €20–50M

Revenue range: €5–25M

EV/Revenue range: 2x - 6x

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of Mytower by Verto Growth 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: mytower

Acquirer: verto growth

FAQ

What transaction does this page cover?

This page covers the acquisition of a minority stake in Mytower, a French company specialised in Supply Chain & Ops, by Verto Growth in 2026.

How was the acquisition of Mytower by Verto Growth valued, and what multiples were paid?

mynth displays the transaction’s enterprise value within the €20–50M band and its EV/revenue multiple within the 2x - 6x range. Exact figures are available to members.

What was Mytower’s revenue at the time of the deal?

At the time of the transaction, Mytower’s annual revenue was estimated within the €5–25M range (FY 2025). Detailed financial figures are available to members.

How does the valuation of Mytower compare to benchmarks in the TMT (Tech, Media, Telecom) sector?

Transaction multiples for this specific deal are exclusively reserved for mynth members. Nevertheless, transactions tracked by mynth in this sector reveal an average benchmark multiple of 14.6x EBITDA during 2026.

What sources support the information on this transaction?

Transaction data and operational intelligence were compiled from independent financial press reporting by specialized M&A publications.

What is mynth?

mynth is the first free M&A database dedicated to Small & Mid-Cap transactions. We centralize Enterprise Values, revenue multiples, EBITDA multiples and transaction financials that are typically locked behind five-figure subscriptions on platforms like Capital IQ or Mergermarket. On mynth, searching and browsing deals is completely free. Our mission is simple: make professional-grade valuation intelligence accessible to every M&A advisor, independent consultant, Private Equity professional and student, without the burden of expensive annual licenses.