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M&A

XD CONNECTS

Acquired by

PLATINUM EQUITY

NETHERLANDS Consumer Products REV [100m EUR - 500m EUR] 09/2025

Target

XD CONNECTS

Acquirer

PLATINUM EQUITY

Context

Platinum Equity acquired XD Connects from Rivean Capital (formerly Gilde Buy Out Partners). The deal was structured as a merger with Solo Group to create a market leader with a ~10% market share in Europe. The combined group serves 20,000+ customers, offering a "one-stop shop" for both hard goods (XD Connects' strength) and personalizable textiles (Solo's strength).

This transaction is part of the Retail & Consumer industry, which currently tracks an average EBITDA multiple of 10.9x since the beginning of 2026, 11.3% decrease compared to 2025. 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 in 1986, XD Connects is a leading Dutch designer and supplier of higher-quality corporate gifts and custom-branded merchandise. Known for its strong focus on sustainability (named 2024 Sustainability Advocate of the Year), the company serves 5,000+ B2B resellers across Europe. It maintains a design studio, a sourcing office in Shanghai, and an in-house printing/fulfillment center in Romania.

Ent. Value

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Equity Value

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Multiples Analysis

EV / Revenue

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EV / EBITDA

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EV / EBIT

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Historical Financials (EUR)

Year
Rev
EBITDA
EBIT
2024
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2023
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Other operations with XD CONNECTS

mynth data is contributed by M&A / PE professionals and systematically cross-verified against private deal documents and official releases. All source materials are destroyed post-validation to guarantee data anonymity and compliance.