Market Valuation Trends in Business Services
YearAverage EV/EBITDA MultipleTransaction Count
20066.3x2
20076.3x3
20099.6x1
201012.9x5
201111.5x3
201210.0x4
201310.0x13
20149.9x14
20159.9x35
201611.4x31
201711.2x29
20189.9x35
20199.6x51
20209.8x78
202110.6x84
202210.6x60
202310.9x62
202410.8x82
202511.0x105
202611.1x79
mynth
HomeDatabaseBusiness Services

Business Services
M&A Database

In the Business Services sector, the average EBITDA multiple recorded since the beginning of the year is 11.1x, which represents a 1.2% increase compared to 2025.

Sign up for free to unlock financial data on each deal including Enterprise Value and transaction multiples (xRevenue, xEBITDA, xEBIT).

Database

303 Deals in Business Services

DateTargetAcquirerSectorRevEBITDAEVxRevxEBITDA
09/2015
IMTECH ESPAÑA SPAIN
SPRINGWATER CAPITALMulti-technical InstallationXX.XX.XXXX
X.XxX.Xx
05/2026
GEI GROUP SINGAPORE
APAVE GROUPETIC (Testing, Inspection, Certification)XX.XX.XXXX
X.XxX.Xx
05/2026
AIRESS FRANCE
INITIATIVE & FINANCEMaintenanceXX.XX.XXXX
X.XxX.Xx
05/2026
WORLD FREIGHT COMPANY FRANCE
BROOKFIELDLogisticsXX.XX.XXXX
X.XxX.Xx
05/2026
SERTION SWEDEN
ALTOROther WorksXX.XX.XXXX
X.XxX.Xx
05/2026
REVERE ELECTRICAL SUPPLY UNITED STATES
REXELIndustrial & Technical DistributionXX.XX.XXXX
X.XxX.Xx
05/2026
HAND & WERK GERMANY
EIFFAGEMulti-technical InstallationXX.XX.XXXX
X.XxX.Xx
05/2026
LSTC GROUP UNITED KINGDOM
SOCOTECTIC (Testing, Inspection, Certification)XX.XX.XXXX
X.XxX.Xx
05/2026
HERMES TRANSPORTES BLINDADOS PERU
LOOMISMaintenanceXX.XX.XXXX
X.XxX.Xx
05/2026
AVIAPARTNER LIÈGE BELGIUM
SAL SAUDI LOGISTICS SERVICESInfrastructure & Ground ServicesXX.XX.XXXX
X.XxX.Xx
05/2026
DEKRA RAIL NETHERLANDS
APAVE GROUPETIC (Testing, Inspection, Certification)XX.XX.XXXX
X.XxX.Xx
04/2026
FASCAN INTERNATIONAL UNITED STATES
FASSI GROUPB2B Specialized DistributionXX.XX.XXXX
X.XxX.Xx
04/2026
LOTUSWORKS IRELAND
BUREAU VERITASTIC (Testing, Inspection, Certification)XX.XX.XXXX
X.XxX.Xx
04/2026
NETCO GROUP FRANCE
EURAZEOMaintenanceXX.XX.XXXX
X.XxX.Xx
04/2026
TRIGO FRANCE
MONTYON CAPITALTIC (Testing, Inspection, Certification)XX.XX.XXXX
X.XxX.Xx

Page 1 of 21

What does the Business Services M&A sector cover?

On mynth, the Business Services M&A sector is structured across 5 major verticals with Facility Management, Industrial Services, Professional Services, Transport & Logistics, and B2B Specialized Distribution, covering 19 sub-sectors and 23 granular industry tags. This taxonomy mirrors how M&A professionals actually segment the market, enabling precise peer group construction and sector-specific EV/EBITDA benchmarking across European Small & Mid-Cap transactions.

What is the average EV/EBITDA multiple for Business Services transactions in 2026?

mynth tracks 303+ verified Business Services M&A transactions with an average EV/EBITDA of 11.1x for the year 2026. Our Business Services vertical provides deep granular data across the entire value chain of the Business Services industries. We track valuation multiples and transaction financials for a wide range of sub-industries, including HVAC, Electrical, Landscaping, Industrial Cleaning, Security & Guarding, Call Centers, Document Management, Contract Catering & FM Food, Welding & Piping Services and Equipment Rental. Whether you are looking for benchmarks in niche Business Services segments or broad market trends, mynth centralizes deal flow intelligence that covers specialized mid-market players and large-scale industrial consolidators across Europe. Our database is specifically designed to help analysts identify EBITDA multiples and Revenue trends within these highly regulated and capital-intensive sectors.

Who are the most active acquirers in European Business Services market?

According to mynth's community-contributed database of European Business Services transactions over the last 5 years, 52.1% of deals were led by strategic acquirers while 47.9% were driven by Private Equity firms. Among the most active buyers tracked on mynth: Ardian, a private equity firm based in FRANCE, with 9 transactions, Kiloutou, a strategic player based in FRANCE, with 7 deals, Kitwave Group, a strategic player based in UNITED KINGDOM, with 7 operations, Loxam, a strategic player based in FRANCE, with 7 acquisitions, Andera Partners, a private equity firm based in FRANCE, with 5 transactions. This breakdown reflects the consolidation dynamics of the European Business Services mid-market, where strategic buyers and private equity firms continuously compete for market share and specialized assets.

How did we build this Business Services analysis?

The 11.1x average EV/EBITDA is derived from mynth’s verified database of 303+ Business Services M&A transactions. The data is submitted by M&A and private equity professionals, then manually checked by mynth’s analysts to ensure consistency and reliability. Each deal is validated by cross‑checking the reported figures with press releases, public announcements, market coverage, and private documents whenever available. This verification process gives mynth access to granular, transaction‑level intelligence that is often missing from conventional databases, enabling a more accurate understanding of valuation trends in the Business Services sector. Thanks to this community‑driven approach, we deliver a unique and highly detailed view of each sector and sub‑sector, ranging from Facility Management and Industrial Services to Maintenance, BPO & Outsourcing and Contract Catering & FM Food, among others.

How does mynth enrich this analysis for users?

Once logged in, users can access detailed financial data for each transaction, including the Enterprise Value, Equity Value, Revenue, EBITDA, and EBIT for the current year and for prior fiscal years, as well as the corresponding Revenue, EBITDA, and EBIT multiples. On each deal page, the sources of the financial data are clearly indicated: links to press articles or official announcements, or a tag specifying when the data comes from confidential documents shared by the user. This transparency helps users assess the reliability and origin of the valuation figures. Every company in the database is tagged by sector with four levels of granularity, enabling users to distinguish between very different business models and valuation approaches that would otherwise be hidden at a broad sector level. This level of detail enables users to separate human‑capital‑intensive HR and consulting firms from asset‑heavy industrial services and logistics operators, which are valued very differently in M&A. The platform also tags each company by geography, enabling users to focus on specific countries or regions. mynth features a powerful search engine that lets you run highly refined queries by sector (with all four levels of industry depth), country, and company size, so you can quickly build custom peer groups, compare multiples, and export results directly to Excel.

What is mynth?

mynth is the first free M&A database dedicated to European Small & Mid-Cap transactions. We centralize Enterprise Values, revenue multiples, EBITDA multiples and transaction financials that are typically locked behind five-figure subscriptions on platforms like Capital IQ or Mergermarket. On mynth, searching and browsing deals is completely free. Our mission is simple: make professional-grade valuation intelligence accessible to every M&A advisor, independent consultant, Private Equity professional and student, without the burden of expensive annual licenses.

How to use mynth for free?

Sign up for free and instantly receive 30 credits. Through our referral program, each person you invite earns you an additional 20 credits, meaning you can unlock at least 50 financial data points without spending a cent. Our search engine is built for speed and precision: filter transactions by company name, investment fund, sector, country, revenue range, enterprise value or date. A list system lets you group transactions into custom peer groups and export them directly to Excel. The credit model means you only spend on the deals you actually need : no subscription, no commitment.

Powered by Collective Intelligence

mynth is a community-driven database. Every transaction is contributed by M&A and Private Equity professionals who work on the deals themselves. This means our database contains off-market financial data that you will not find in any press release, news article, or traditional data provider. Closed deals, undisclosed valuations, real EBITDA multiples : data that only exists within the deal teams. Every single financial figure submitted is reviewed and validated by our in-house analysts before being published, ensuring the data you see is accurate, structured, and reliable.