NXO acquired by FAYAT
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 LOGIN in 2020, 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
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.
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Historical Financials (EUR)
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REFERENCES
Valuation range: EV 100M - 350M EUR
Revenue range: 250M - 500M 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).
Press release: view release
Target: nxo
Acquirer: fayat