At what enterprise value was NOMADIA acquired in 2023?

During the acquisition of NOMADIA by HG CAPITAL in 2023, the transaction's Enterprise Value is estimated to be in the range of 100M - 350M EUR.

What was the EV/EBITDA of NOMADIA when it was acquired by HG CAPITAL?

The estimated EV/EBITDA multiple for NOMADIA is in the range of 15x - 25x.

When was NOMADIA acquired by HG CAPITAL?

NOMADIA was acquired by HG CAPITAL in 2023.

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

The revenue of NOMADIA at the time of the deal is estimated to be in the range of 10M - 30M EUR.

What was the EBITDA of NOMADIA during the acquisition?

NOMADIA's EBITDA is estimated to be in the range of 5M - 25M EUR.

How is the data for the NOMADIA 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 NOMADIA 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://capitalfinance.lesechos.fr/deals/lbo/valorisee-plus-de-100-meur-nomadia-est-reprise-par-hg-1964255

What is the average EV/EBITDA multiple for the TMT (Tech, Media, Telecom) sector in 2026?

The average EV/EBITDA multiple for the TMT (Tech, Media, Telecom) sector in 2026 is 15.1x.

← DATABASE

Home Database TMT (Tech, Media, Telecom)NOMADIA

09/2023

NOMADIA acquired by HG CAPITAL

FRANCE Software / Supply Chain & Ops EV 100M - 350M EUR

Context

The British private equity firm Hg acquires a majority stake in Nomadia from Chequers Capital. This secondary LBO values the French software publisher at over EUR100 million. The management team, led by Fabien Breget, reinvests significantly alongside Hg. The partnership aims to accelerate Nomadia's growth across Europe, both organically and through strategic acquisitions, leveraging Hg's deep expertise in the software sector to consolidate the fragmented Smart Mobility market.

NOMADIA, which reported an EBITDA margin of in 2022, is valued in this transaction at an EV/EBITDA multiple of , representing a to the average currently observed in the TMT (Tech, Media, Telecom) sector (15.1x).

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

Target

A leading French SaaS provider specializing in smart mobility solutions for field professionals. Created in 2021 from the merger of three historical players (Geoconcept, Danem, and B&B Market), Nomadia offers tools for route optimization, field service management, and CRM SFA (Sales Force Automation). It serves over 4,000 clients and 200,000 users daily.

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (EUR)

Year

Rev

EBITDA

EBIT

2022

2021

Similar deals in Software

List of similar M&A transactions (Date, Acquirer, Target, Country, Sub-sector)
Date	Acquirer	Target	Country	Sector
10/2023	NAYAX	RETAIL PRO INTERNATIONAL	UNITED STATES	CRM & Sales
10/2023	SANDVIK	ESCO	GERMANY	Supply Chain & Ops
08/2023	IDOX	EMAPSITE	UNITED KINGDOM	Construction / Real Estate
08/2023	POLLEN STREET CAPITAL	ASSESSIO	SWEDEN	ERP, HR & Finance
08/2023	EQT PARTNERS	SUSE	GERMANY	Software
07/2023	SANTIANE	APPLI-KEY	FRANCE	Financial Services / Banking
05/2023	LIGHT & WONDER	SCIPLAY CORPORATION	UNITED STATES	Gaming & Consumer Apps
05/2023	TA ASSOCIATES / MONTAGU PRIVATE EQUITY	HARVEST	FRANCE	Financial Services / Banking
05/2023	SILVER LAKE	TEAMSYSTEM	ITALY	ERP, HR & Finance
05/2023	EDENRED	REWARD GATEWAY	UNITED KINGDOM	ERP, HR & Finance

REFERENCES

Valuation range: EV 100M - 350M EUR

Revenue range: 10M - 30M 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 NOMADIA by HG CAPITAL 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.

Acquirer: hg capital