At what enterprise value was NEXUS acquired in 2025?

During the acquisition of NEXUS by TA ASSOCIATES in 2025, 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 13.4x, providing a valuable benchmark for this transaction.

What was the EV/EBITDA of NEXUS when it was acquired by TA ASSOCIATES?

The estimated EV/EBITDA multiple for NEXUS is in the range of 15x - 25x. For comparison, the TMT (Tech, Media, Telecom) sector currently shows an average EBITDA multiple of 13.4x. Join our community for free to access full valuation data and industry trends.

When was NEXUS acquired by TA ASSOCIATES?

NEXUS was acquired by TA ASSOCIATES in 2025.

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

The revenue of NEXUS 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 NEXUS during the acquisition?

NEXUS'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 NEXUS 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 NEXUS 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.ta.com/news/ta-announces-completion-of-tender-offer-for-nexus-ag/

← DATABASE

Home Database TMT (Tech, Media, Telecom)NEXUS

01/2025

NEXUS

Acquired by

TA ASSOCIATES

GERMANY Software / Industry-Specific Software / Healthcare EV 1b - 4b EUR

NEXUS acquired by TA ASSOCIATES

GERMANY Software / Industry-Specific Software / Healthcare EV 1b - 4b EUR

Context

TA Associates has successfully completed a voluntary public tender offer to acquire all outstanding shares of Nexus AG. By the expiration of the additional acceptance period in January 2025, TA secured 94.95% of the shares, including 26.9% previously committed by key shareholders through irrevocable undertakings. The strategic rationale for the transaction is to delist Nexus from the Frankfurt Stock Exchange (SDax) to increase operational flexibility and focus on long-term growth. TA aims to accelerate Nexus’s development through significant investments in Research & Development, specifically targeting cloud computing and AI-driven diagnostic solutions. Taking the company private allows management to pursue a more aggressive "buy-and-build" strategy through strategic acquisitions across Europe without the short-term pressures of public reporting. The settlement of the offer is expected in Q1 2025, following customary regulatory and foreign investment control clearances.

NEXUS, which reported an EBITDA margin of LOGIN in 2024, 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 (13.4x).

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.

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Target

Nexus AG is a leading European provider of specialized software solutions for the healthcare market. The organization develops and distributes a comprehensive, interoperable product range including clinical information systems (Nexus / KIS) and integrated diagnostic modules. Its software covers the functional requirements of hospitals, psychiatric clinics, rehabilitation centers, and diagnostic facilities. With approximately 2,030 employees and a physical presence in nine European countries, Nexus supports customers in 71 countries globally. The company's business model is centered on digital transformation within the healthcare sector, providing high-availability platforms that improve patient outcomes and operational efficiency for healthcare providers.

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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 NEXUS by TA ASSOCIATES are reserved for mynth community members. Register for free to unlock full data.

Authors: 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

Acquirer: ta associates