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New Deal


Announced

Wendel to acquire a minority stake in Tadaweb for €15m.

Financials

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Transaction Value£13m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Pending

Private Equity

Luxembourg

Software

Single Bidder

Friendly

Private

intelligence platform

Minority

Acquisition

Cross Border

Synopsis

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Wendel, a private equity firm, agreed to acquire a minority stake in Tadaweb, an open-source intelligence platform, for €15m. “I am very pleased to welcome Tadaweb into Wendel’s portfolio. This first direct investment in Europe by the Wendel Growth investment team, led by Antoine Izsak, is fully in line with what we want to target: innovative companies with high growth and leadership potential, led by committed entrepreneurs," Jérôme Michiels, Wendel CFO.

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