mynth
09/2021

UNIK acquired by ADISTA

FRANCE IT Services / Infrastructure & Cloud / MSP (Managed Services) EV 100M - 350M EUR

Context

Adista and Unyc, both supported by Keensight Capital, have signed an exclusivity agreement for a strategic merger. This transaction creates a new national champion with a combined turnover of €220 million and 900 employees in 2021. Under the leadership of Group President Patrice Bélie, the two entities will maintain their operational specializations: Adista focusing on direct sales and Unyc on indirect/white-label distribution. Damien Watine, founder of Unyc, becomes a shareholder in the new holding company and continues to lead Unyc’s operations while joining the group’s executive board. The merger aims for massive scale, targeting €500 million in revenue by 2025.

UNIK, which reported an EBITDA margin of in 2021, 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 (14.6x).

-> Deep-dive in TMT (Tech, Media, Telecom) market trends

Target

Founded in 2004, Unyc is a major French player in the indirect sale of telecommunications and cloud services. The company operates as a wholesale provider and white-label distributor, enabling a network of partners and resellers to offer telecom solutions to their own end-customers. Its value proposition is built on a high-performance digital platform that simplifies the provisioning and management of fixed-line, mobile, and connectivity services. Strategically, Unyc excels in the "indirect channel" market, providing the technical backbone for hundreds of regional IT integrators and resellers across France.

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (EUR)

Year
Rev
EBITDA
EBIT
2021
2020

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REFERENCES

Valuation range: EV 100M - 350M EUR

Revenue range: 50M - 100M 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 UNIK by ADISTA 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

Acquirer: adista