At what enterprise value was NHV GROUP acquired in 2014?

You can find the full valuation details of NHV GROUP 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 Business Services industry currently tracks an average EBITDA multiple of 11.1x, providing a valuable benchmark for this transaction.

What was the EV/EBITDA of NHV GROUP when it was acquired by ARDIAN?

The exact EV/EBITDA multiple for NHV GROUP is available on mynth capital. For comparison, the Business Services sector currently shows an average EBITDA multiple of 11.1x. Join our community for free to access full valuation data and industry trends.

When was NHV GROUP acquired by ARDIAN?

NHV GROUP was acquired by ARDIAN in 2014.

What was the revenue of NHV GROUP at the time of the deal?

The revenue of NHV GROUP 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 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 NHV GROUP 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 NHV GROUP 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.privateequitywire.co.uk/ardian-joins-eric-van-hal-nhv-acquisition/

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Home Database Business ServicesNHV GROUP

01/2014

NHV GROUP acquired by ARDIAN

BELGIUM Transport & Logistics REV 50M - 100M EUR

Context

Ardian partnered with the group's CEO and co-founder to acquire a majority stake in NHV Group from its founding shareholders and Fin.co Capital Partners. The transaction was structured to provide the company with a sustainable shareholding platform to accelerate its global expansion strategy. A primary focus of the partnership was the modernization of the fleet, notably supporting NHV's role as the global launch customer for the Eurocopter EC175 model. The strategic roadmap under Ardian's ownership centers on capturing growth in both existing offshore markets and diversifying into new geographic regions.

NHV GROUP, which reported an EBITDA margin of LOGIN in 2013, is valued in this transaction at an EV/EBITDA multiple of LOGIN, a level to compare with the average currently observed in the Business Services sector (11.1x).

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

Founded in 1997, NHV Group is a leading international provider of helicopter transport services. The group specializes in logistics for the offshore oil and gas industry, maritime search and rescue (SAR), and emergency medical services (EMS). At the time of the deal, it operated a multipurpose fleet of 28 helicopters across 15 bases on three continents, with a dominant position in Western Africa.

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Other operations with NHV GROUP

List of similar M&A transactions (Date, Acquirer, Target, Country, Sector, Deal Context)
Date	Acquirer	Target	Country	Sector	Deal Context
12/2025	GD HELICOPTER FINANCE (GDHF)	NHV GROUP	BELGIUM	Transport & Logistics	Ardian reached a definitive agreement to divest 100% of its interest in NHV Group to GD Helicopter Finance. This industrial exit marks the culmination of a twelve-year transformation where Ardian supported NHV's evolution from a regional player into a diversified European leader. The acquisition allows GDHF to internalize NHV's specialized operational platform, creating a vertically integrated group capable of managing the entire lifecycle of mission-critical rotary-wing assets. The combined entity is positioned to dominate the North Sea and West African offshore markets by leveraging GDHF's fleet pipeline and NHV's MRO and pilot training certifications. The transaction ensures long-term operational continuity for oil, gas, and maritime clients under the ongoing leadership of the current executive team.

REFERENCES

Revenue 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 NHV GROUP by ARDIAN 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).

Acquirer: ardian