NOMIOS acquired by KEENSIGHT CAPITAL
Context
Keensight Capital acquires a majority stake in Nomios from IK Partners in a transaction valuing the company at over EUR700 million. This secondary LBO marks the exit of IK Partners, under whose tenure Nomios doubled its revenue. The founder, Sebastien Kher, and the management team remain at the helm. The new partnership aims to accelerate organic growth and pursue an aggressive buy-and-build strategy in Europe (illustrated by subsequent acquisitions like Dionach in the UK or Intragen) to consolidate the fragmented cybersecurity market.
NOMIOS, which reported an EBITDA margin of in 2022, is valued in this transaction at an EV/EBITDA multiple of , a level to compare with the average currently observed in the TMT (Tech, Media, Telecom) sector (15.1x).
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Target
A leading European provider of cybersecurity and secure networking solutions. Founded by Sebastien Kher, the group operates in over 20 offices across Europe. It designs, secures, and manages the digital infrastructure of large enterprises, offering services ranging from consulting to Managed Detection and Response (MDR/SOC).
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Historical Financials (EUR)
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REFERENCES
Valuation range: EV 500M - 1.5b EUR
Revenue range: 250M - 500M EUR
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Authors: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.
Acquirer: keensight capital