NXO has been 100% owned by FAYAT since September 2021.

At what enterprise value was NXO acquired in 2021?

During the acquisition of NXO by FAYAT in 2021, the transaction's Enterprise Value is estimated to be in the range of 100M - 350M EUR.

What was the EV/EBITDA of NXO when it was acquired by FAYAT?

The estimated EV/EBITDA multiple for NXO is in the range of 5x - 12x.

When was NXO acquired by FAYAT?

NXO was acquired by FAYAT in 2021.

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

The revenue of NXO at the time of the deal is estimated to be in the range of 250M - 500M EUR.

What was the EBITDA of NXO during the acquisition?

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

How is the data for the NXO 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 NXO 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://fayat.com/projets/actualites/fayat-annonce-l-acquisition-de-la-societe-nxo-aupres-de-butler-industries

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.

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Home Database TMT (Tech, Media, Telecom)NXO

09/2021

NXO acquired by FAYAT

FRANCE IT Services / Consulting & Integration EV 100M - 350M EUR

Context

The Fayat Group acquired 100% of NXO from Butler Industries. This acquisition comes six years after Butler rescued the company (then NextiraOne) from bankruptcy and successfully turned it around. Strategically, this deal is a game-changer for Fayat's Energy division. By integrating NXO, Fayat moves beyond traditional electrical installation to master the "data layer" of infrastructure. The goal is to become a fully integrated player in the "Smart City" and "Smart Building" markets, capable of delivering both the physical hardware (lighting, cables) and the digital intelligence (network management, cybersecurity) required by modern cities.

NXO, which reported an EBITDA margin of in 2020, 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

NXO is a leading independent French integrator of digital enterprise solutions. Formerly the French arm of NextiraOne, the company specializes in designing and managing high-performance digital infrastructures. Its expertise covers three main pillars: Communication & Collaboration (Unified Comms), Digital Infrastructures (Networks, Data Centers), and Security.

Ent. Value

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2019

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REFERENCES

Valuation range: EV 100M - 350M EUR

Revenue range: 250M - 500M 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 NXO by FAYAT 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.

Press release: view release

Target: nxo

Acquirer: fayat