At what enterprise value was WAADA THE MOVEMENT acquired in 2026?

You can find the full valuation details of WAADA THE MOVEMENT on mynth capital. 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 Business Services industry currently tracks an average EBITDA multiple of 11.3x, providing a valuable benchmark for this transaction.

What was the EV/EBITDA of WAADA THE MOVEMENT when it was acquired by EMAGINE?

The exact EV/EBITDA multiple for WAADA THE MOVEMENT is available on mynth capital. For comparison, the Business Services sector currently shows an average EBITDA multiple of 11.3x. Join our community for free to access full valuation data and industry trends.

When was WAADA THE MOVEMENT acquired by EMAGINE?

WAADA THE MOVEMENT was acquired by EMAGINE in 2026.

What was the revenue of WAADA THE MOVEMENT at the time of the deal?

The revenue of WAADA THE MOVEMENT 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 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 WAADA THE MOVEMENT 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 WAADA THE MOVEMENT 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.emagine.org/blogs/emagine-to-acquire-waada-the-movement/

← DATABASE

Home Database Business ServicesWAADA THE MOVEMENT

01/2026

WAADA THE MOVEMENT

Acquired by

EMAGINE

NETHERLANDS Industrial Services / Engineering & Consulting REV 25M - 50M EUR

WAADA THE MOVEMENT acquired by EMAGINE

NETHERLANDS Industrial Services / Engineering & Consulting REV 25M - 50M EUR

Context

Emagine has completed the 100% acquisition of the Dutch consultancy Waada The Movement, following a preliminary agreement reached in January 2026. The transaction fully integrates Waada’s specialized brands, Prowareness and DevOn, into emagine’s unified global operating model. The strategic rationale for the deal is to strengthen emagine's ability to execute complex digital transformation programs by combining strategic advisory with deep engineering capacity. Notably, the acquisition triples emagine’s engineering presence in India, providing the scale required for global enterprise programs. This move addresses the increasing market demand for faster execution speed, clearer accountability, and measurable outcomes in AI and data-driven transitions.

WAADA THE MOVEMENT, which reported an EBITDA margin of LOGIN in 2025, is valued in this transaction at an EV/EBITDA multiple of LOGIN, a level to compare with the average currently observed in the Business Services sector (11.3x).

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 Business Services market trends

Target

Founded in 2004, Waada The Movement is a specialized Dutch consultancy focused on high-impact digital transformation, data engineering, and software development. The company’s business model operates through two distinct premium brands: Prowareness, a senior-led advisory firm for strategic transformation, and DevOn, an engineering organization dedicated to technology delivery. Its value proposition centers on bridging the gap between strategy and execution, specifically in complex areas such as AI adoption and large-scale software engineering. Strategically, Waada leverages a workforce of over 400 professionals and a significant engineering hub in India to deliver scalable solutions to enterprise-level organizations. By combining high-level advisory with disciplined technical execution, the firm ensures measurable outcomes and faster time-to-market for its clients' digital initiatives.

Ent. Value

Equity Value

Multiples Analysis

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (EUR)

Year

Rev

EBITDA

EBIT

2025

2024

Other operations with WAADA THE MOVEMENT

REFERENCES

Revenue range: 25M - 50M EUR

Note: Detailed and exact financial metrics (Enterprise Value, Revenue, EBITDA, and precise Multiples) 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).