At what enterprise value was VERALTIS (EX NACC) acquired in 2018?

During the acquisition of VERALTIS (EX NACC) by B2HOLDING in 2018, 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 50M - 150M 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 14.0x, providing a valuable benchmark for this transaction.

What was the EV/EBITDA of VERALTIS (EX NACC) when it was acquired by B2HOLDING?

The estimated EV/EBITDA multiple for VERALTIS (EX NACC) is in the range of 10x - 18x. For comparison, the Financial Services sector currently shows an average EBITDA multiple of 14.0x. Join our community for free to access full valuation data and industry trends.

When was VERALTIS (EX NACC) acquired by B2HOLDING?

VERALTIS (EX NACC) was acquired by B2HOLDING in 2018.

What was the revenue of VERALTIS (EX NACC) at the time of the deal?

The revenue of VERALTIS (EX NACC) at the time of the deal is estimated to be in the range of 25M - 50M EUR. Register for free to access the full transaction report and exact valuation multiples.

What was the EBITDA of VERALTIS (EX NACC) during the acquisition?

VERALTIS (EX NACC)'s EBITDA is estimated to be in the range of 5M - 25M 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 VERALTIS (EX NACC) 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 VERALTIS (EX NACC) 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://www.b2-impact.com/about-us/news/all/b2holding-enters-the-french-market-f5919a8b/

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Home Database Financial ServicesVERALTIS (EX NACC)

03/2018

VERALTIS (EX NACC)

Acquired by

B2HOLDING

FRANCE Specialty Finance EV 50M - 150M EUR

VERALTIS (EX NACC) acquired by B2HOLDING

FRANCE Specialty Finance EV 50M - 150M EUR

Context

B2Holding has acquired Nacc from the French private equity firm Pragma Capital, which had been the majority shareholder since a 2015 LBO. The transaction values Nacc at an Enterprise Value <€100 million. This deal was preemptive; while Nacc originally sought UK-based financing to fund its portfolio acquisitions, the process attracted B2Holding’s interest. The exit also marks the departure of ActoMezz, which had supported Nacc since 2015 with junior mezzanine and €15 million in business-specific bond lines. Under Pragma's ownership, Nacc significantly accelerated its debt purchasing, investing €68M in portfolios over the 2016-2017 period. The integration into B2Holding will provide Nacc with the pan-European scale and capital access required to further expand its share of the French NPL market.

VERALTIS (EX NACC), which reported an EBITDA margin of LOGIN in 2018, 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 (14.0x).

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

Founded as a specialist in debt acquisition and recovery, Nacc is a prominent French player focused on "non-performing corporate loans" (NPLs) for its own account. The company distinguishes itself through its ISO 9001 certification, a quality standard that reassures banking institutions during the offloading of doubtful debts by protecting their brand image. While its core business is corporate debt, approximately 15% of its turnover is derived from consumer credit services for third parties (banks and e-commerce sites).

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Other operations with VERALTIS (EX NACC)

REFERENCES

Valuation range: EV 50M - 150M EUR

Revenue range: 25M - 50M 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 VERALTIS (EX NACC) by B2HOLDING are reserved for mynth community members. Register for free to unlock full data.

Authors: mynth contributor (mynth data is contributed by M&A / PE professionals and systematically cross-verified with private deal documents and official press releases).