At what enterprise value was NEOXAM acquired in 2022?

During the acquisition of NEOXAM by EURAZEO in 2022, 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 300M - 700M 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 14.4x, providing a valuable benchmark for this transaction.

What was the EV/EBITDA of NEOXAM when it was acquired by EURAZEO?

The estimated EV/EBITDA multiple for NEOXAM is in the range of 10x - 18x. For comparison, the TMT (Tech, Media, Telecom) sector currently shows an average EBITDA multiple of 14.4x. Join our community for free to access full valuation data and industry trends.

When was NEOXAM acquired by EURAZEO?

NEOXAM was acquired by EURAZEO in 2022.

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

The revenue of NEOXAM at the time of the deal is estimated to be in the range of 50M - 100M EUR. Register for free to access the full transaction report and exact valuation multiples.

What was the EBITDA of NEOXAM during the acquisition?

NEOXAM's EBITDA is estimated to be in the range of 5M - 25M 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 NEOXAM 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 NEOXAM 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.neoxam.com/neoxam-raises-e100m-from-eurazeo/

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Home Database TMT (Tech, Media, Telecom)NEOXAM

11/2022

NEOXAM acquired by EURAZEO

FRANCE Software / Industry-Specific Software / Financial Services / Banking EV 300M - 700M EUR

Context

Eurazeo, through its Small-Mid Buyout team, has entered into an agreement to invest over €100 million in NeoXam, becoming the majority shareholder alongside founder Serge Delpla and the management team led by Florent Fabre. The transaction enables the exit of historical shareholders, led by Cathay Capital and Bpifrance, who have been invested in the company since 2018, having supported its transformation and internationalization. This deal aims to support a new phase of growth for NeoXam, a leading financial software publisher specializing in data management, reporting, portfolio management, and post-trade operations solutions for asset managers, banks, and financial institutions. In recent years, the company has strengthened its international positioning and transformed its business model by significantly increasing the proportion of recurring revenues from SaaS subscriptions, which now account for the majority of its approximately €75 million revenue. The arrival of Eurazeo is expected to accelerate the group's development in its most dynamic segments, particularly Data Management and Reporting, while enhancing its presence in strategic markets such as Asia, the UK, and North America. The investor also intends to support NeoXam in executing an external growth strategy to enrich its software offerings, expand its customer base, and consolidate its position among the world's leading providers of technological solutions for asset management.

It is worth noting that the fund Cathay Capital took control of Neoxam through an LBO in 2018.

NEOXAM, 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 (14.4x).

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.

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

Target

NeoXam is a French financial software publisher specializing in data management, portfolio management, and transaction processing solutions for financial institutions. The company offers a comprehensive software suite that covers data management, asset management, regulatory reporting, transaction management, and back-office functions, enabling buy-side and sell-side firms to streamline their operational processes and meet increasingly complex regulatory requirements. Born out of the consolidation of several financial software assets, NeoXam has established itself as a leading international player in financial technologies. Its offering is built on integrated platforms that allow asset managers, banks, insurance companies, and other financial institutions to centralize, control, and leverage their data throughout the entire investment value chain.

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Other operations with NEOXAM

List of similar M&A transactions (Date, Acquirer, Target, Country, Sector, Deal Context)
Date	Acquirer	Target	Country	Sector	Deal Context
05/2018	CATHAY CAPITAL	NEOXAM	FRANCE	Software	Cathay Capital and Bpifrance have entered into an agreement to acquire NeoXam from BlackFin Capital Partners, with the goal of supporting the company's next phase of growth. Following BlackFin's successful backing of NeoXam's creation and international expansion after its carve-out in 2014, the firm is now passing the torch to a new ownership structure comprising two investors who share the ambition of accelerating the financial software publisher's global growth

REFERENCES

Valuation range: EV 300M - 700M EUR

Revenue range: 50M - 100M EUR

EBITDA range: 5M - 25M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of NEOXAM by EURAZEO 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).

Press release: view release

Target: neoxam

Acquirer: eurazeo