mynth
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 LOGIN in 2022, 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.

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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.

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Historical Financials (EUR)

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REFERENCES

Valuation range: EV 100M - 350M EUR

Revenue range: 10M - 30M EUR

EBITDA range: 5M - 25M EUR

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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: hg capital