VISIONMAXX GROUP acquired by NORD HOLDING
Context
Nord Holding has successfully finalized a majority investment in the share capital of the target, alongside its founding management team. This strategic transaction represents a pivotal step in the acquirer’s objective to establish a dominant digital IT infrastructure platform for the outpatient healthcare system throughout the DACH region. The strategic rationale for the move centers on the high degree of technical alignment between the target’s specialized managed service expertise and the acquirer’s established focus on healthcare technology and software investments. By partnering with the organization’s visionary leadership, the acquirer aims to accelerate the development of a central digital platform that addresses the increasing complexity of medical telematics and IT security. The partnership is designed to leverage the target’s unique market leadership in the dental sector to broaden its reach across the wider outpatient medical landscape. This integration facilitates the scaling of a specialized IT ecosystem, providing the strategic depth and capital required to navigate the rapid digitalization of medical practices and the evolving regulatory requirements of health data management. This move solidifies the group’s standing as a primary enabler of technological modernization in the German medical services market.
VISIONMAXX GROUP, which reported an EBITDA margin of LOGIN in 2026, 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 (14.8x).
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
VisionmaxX Group is a specialized technology organization operating as a premier Managed Service Provider (MSP) for the outpatient healthcare sector. The entity’s business model is centered on providing high-availability digital infrastructure, telematics, and IT security solutions specifically engineered for medical and dental practices. Its value proposition lies in its ability to offer a fully outsourced IT department for healthcare professionals, ensuring regulatory compliance and operational uptime in highly sensitive medical environments. Strategically, the firm focuses on the digital transformation of the dental and orthodontic niche, integrating specialized hardware with cloud-based management systems and secure communication protocols. By maintaining a network of technical support centers, the organization ensures a mission-critical role in the daily clinical operations of thousands of practitioners across the DACH region. The firm’s multidisciplinary approach also extends to the specialized care sector through its dedicated health infrastructure division.
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Historical Financials (EUR)
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REFERENCES
Valuation range: EV 100M - 350M 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).
Target: visionmaxx group
Acquirer: nord holding