At what enterprise value was PLANET PAYMENT acquired in 2021?

During the acquisition of PLANET PAYMENT by ADVENT INTERNATIONAL / EURAZEO in 2021, the company was valued at an estimated revenue multiple of below 5x. The transaction's Enterprise Value is estimated to be in the range of 1b - 4b EUR. By registering for free, you get access to complete and exact transaction details including enterprise value, revenue, and EBITDA. Additionally, our database shows that the Financial Services industry currently tracks an average EBITDA multiple of 13.1x, providing a valuable benchmark for this transaction.

What was the EV/EBITDA of PLANET PAYMENT when it was acquired by ADVENT INTERNATIONAL / EURAZEO?

The estimated EV/EBITDA multiple for PLANET PAYMENT is in the range of 15x - 25x. For comparison, the Financial Services sector currently shows an average EBITDA multiple of 13.1x. Join our community for free to access full valuation data and industry trends.

What was the revenue of PLANET PAYMENT at the time of the deal?

The revenue of PLANET PAYMENT at the time of the deal is estimated to be in the range of 250M - 500M EUR. Register for free to access the full transaction report and exact valuation multiples.

What was the EBITDA of PLANET PAYMENT during the acquisition?

PLANET PAYMENT's EBITDA is estimated to be in the range of 100M - 200M EUR. Join our community for free to access complete and exact deal data.

What is Enterprise Value (EV)?

Enterprise Value (EV) is a measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization. EV includes in its calculation the market capitalization of a company but also short-term and long-term debt as well as any cash on the company's balance sheet.

What is the EV/EBITDA multiple and why is it used?

The EV/EBITDA multiple is a financial ratio that compares a company's Enterprise Value (EV) to its Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA). It is widely used in M&A and valuation because it allows for comparisons between companies with different capital structures and provides a clear view of operational profitability.

How is the data for the PLANET PAYMENT 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 PLANET PAYMENT 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://en.newsroom.eurazeo.com/news/advent-international-and-eurazeo-complete-investment-in-planet-2a54e-52e2c.html

← DATABASE

Home Database Financial ServicesPLANET PAYMENT

10/2021

PLANET PAYMENT acquired by ADVENT INTERNATIONAL & EURAZEO

IRELAND Fintech & Payments EV 1b - 4b EUR

Context

The investment in Planet by Advent International and Eurazeo is a strategic move to accelerate the company's global leadership in payments. The transaction is expected to help Planet expand its services and capabilities, driving growth and innovation in the digital payments industry. With the support of its new investors, Planet is well-positioned to continue its expansion into new markets and geographies, further solidifying its position as a leading player in the global payments ecosystem. The investment is also expected to enable Planet to enhance its technology and services, providing merchants with a more comprehensive and integrated payment solution. The partnership between Advent and Eurazeo will bring significant expertise and resources to Planet, enabling the company to drive growth and value creation in the years to come. The deal is a testament to the growing importance of digital payments and the need for companies to have a robust and innovative payment strategy in place. With the backing of Advent and Eurazeo, Planet is poised to capitalize on the trends shaping the payments industry and to continue its trajectory of growth and expansion.

In the past, the company had already been the subject of several LBOs, notably led by Exponent Private Equity in 2012 and Eurazeo in 2015. This succession of buyouts highlights the strong attractiveness of the company's business model.

PLANET PAYMENT, which reported an EBITDA margin of LOGIN in 2019, is valued in this transaction at an EV/EBITDA multiple of LOGIN, representing a LOGIN to the average currently observed in the Financial Services sector (13.1x).

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.

-> Deep-dive in Financial Services market trends

Target

Planet Payment is a global integrated payments leader, providing a unique single platform that offers acquiring, processing, digital wallets, VAT refund, and currency conversion services to merchants in the Retail, Hospitality, Food & Beverage, Parking, and Financial sectors. The company serves 600,000 merchants and 100 partner banks across more than 70 markets on five continents. With a strong presence in the digital payments industry, Planet Payment helps businesses meet the needs of their customers by simplifying complex payments. The company's services enable people to spend freely, making it a key player in the global payments ecosystem. Planet Payment's platform is designed to handle a wide range of payment services, including acquiring, processing, and currency conversion, making it a one-stop-shop for merchants looking to expand their payment capabilities. With a global reach and a commitment to innovation, Planet Payment is well-positioned to continue growing and evolving in the rapidly changing payments landscape.

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (EUR)

Year

Rev

EBITDA

EBIT

2019

2018

Other operations with PLANET PAYMENT

List of similar M&A transactions (Date, Acquirer, Target, Country, Sector, Deal Context)
Date	Acquirer	Target	Country	Sector	Deal Context
11/2015	EURAZEO	PLANET PAYMENT	IRELAND	Fintech & Payments	The acquisition of Fintrax (now renamed Planet Payment) by Eurazeo represents a strategic move to expand the investment company's portfolio in the financial services sector. The deal rationale is driven by Fintrax's strong growth potential, its leading position in the tax refund services market, and its solid business model
08/2012	EXPONENT PRIVATE EQUITY	PLANET PAYMENT	IRELAND	Fintech & Payments	The acquisition of Fintrax Group (now Planet Payment) Holdings Ltd by Exponent Private Equity marks a significant milestone in the company's history. The deal is driven by Exponent's strategic rationale of investing in high-growth companies with strong market positions

REFERENCES

Valuation range: EV 1b - 4b EUR

Revenue range: 250M - 500M EUR

EBITDA range: 100M - 200M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of PLANET PAYMENT by ADVENT INTERNATIONAL / EURAZEO are reserved for mynth community members. Register for free to unlock full data.

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: planet payment

Acquirer: eurazeo / advent international