What Everfield paid

4 disclosed prices, what it deploys, what it owes and what its capital costs — every figure from a filed account.

Everfield is one of the 13 European software serial acquirers the register tracks, reporting in EUR. It is privately held; sponsor Aquiline (stated on the debt and cost-of-capital pages). 4 of its acquisitions disclose enough to price. Those were paid between 1.33x and 2.11x the acquired company’s annual revenue; the median is 1.72x, against a register median of 3.14x. In 2024 it deployed 117.2 EUR m across 16 acquisitions (floor, 7.32 EUR m average cheque). Net debt stood at 1.63x its revenue at 2024, and interest took 17.9% of revenue (accrued, not cash).

4acquisitions on file with a disclosed price — of 16 made in 2024

1.72xmedian price paid per unit of annual revenue (1.33x–2.11x)

117.2EUR m deployed in 2024 (floor)

17.9%of revenue goes out as interest (2024, accrued)

Acquisitions on file, with a price

One row per disclosed observation. Colour of the basis tag shows where the number comes from, as on the prices page. Click a company for its own page.

Acquired company	Revenue, EUR m	Year	Price paid	Basis
Inforum SARL + Codngo SARL	1.2	2024	1.33x	measured
MyKnowledgeMap Ltd	3.1	2024	1.36x	measured
Fenz Software GmbH	3.3	2024	2.08x	measured
Parkhere GmbH	3.7	2024	2.11x	measured

Price paid per unit of the acquired company’s annual revenue. 4 of the 4 rows are measured — consideration and revenue both stated in the acquisition note; Amounts are converted to euro at the ECB annual reference rate; the multiples are ratios within one currency and are not converted.

What it deploys

In 2024, Everfield deployed 117.2 EUR m across 16 acquisitions — the floor figure; buying often and deploying heavily are not the same strategy. The average cheque was 7.32 EUR m.

Capital deployed EUR m	as filed		Acquisitions	Average cheque EUR m	Year	Basis
117.2	117.2	EUR	16	7.32	2024	floor

“Floor” is the sum of the individually named acquisitions and can only be too low, because unnamed ones are missing. Converted to euro at the ECB annual reference rate for the buyer’s own reporting year; the figure as filed stands beside it. Full table: how much they deploy.

What it owes, and what it costs

Everfield carried 82 EUR m of net debt against 50 EUR m of revenue at 2024 — 1.63x its revenue, interest-bearing borrowings less cash. Interest accrued in 2024 was 9 EUR m, 17.9% of revenue.

Instrument	Lender or venue	Amount		Rate	Matures
Blackrock facility revolving facility	Blackrock	150 committed 104 drawn	EUR m	variable over Euribor, 7.25 to 8.00 per cent terms of 2025	2028
Other bank loans term loan	—	0.8	EUR m	0.00 to 1.93 per cent fixed	2028
Lease liabilities term loan	—	3.4	EUR m	4.00 to 9.00 per cent	2032
Other third-party loans term loan	—	0.6	EUR m	not quantified in the accounts	—

Every instrument on file for Everfield, in its own currency, not converted; a facility marked committed is a line that may be drawn, not money owed. Covenant: none stated in the accounts. The comparison across buyers is on the debt page.

What its own capital costs

This section is estimated, not measured. The cost of debt comes from the contracts above; what equity costs and what the equity is worth are assumptions, printed with the table on the cost of capital page.

Cost of debt	Borrowed in	Debt weight	Cost of equity	WACC	Earnings may fall	Equity
7.5%	EUR	52%	14.9%	11.1%	none	implied

The last column needs no assumption: it is how far earnings can drop before they no longer cover the year’s cash interest, both figures straight from the accounts.

What this does not support

4 priced deals is a disclosure sample, not Everfield’s pricing policy. The sample is the deals it disclosed enough about — and there is no reason to assume that is unrelated to what it paid.
These are revenue multiples, not earnings multiples. Most acquisition notes give no usable profit figure for the company bought.

Sources

Every figure on this page is read from a filed account or the buyer’s own published report: find-and-update.company-information.service.gov.uk. Retrieval dates and parser versions are kept with the register. Method and limits.

Other acquirers

Topicus.com (median 2.08x) · Bending Spoons S.p.A. (median 2.10x) · Constellation Software (deployed 1’429.6 EUR m) · all acquirers

The rest of the register

Guess what serial acquirers paid →What European software serial acquirers actually pay, from filed accounts. Guess the price, then see the source.

What was paid, per unit of revenue →Every disclosed acquisition price in the register, one row per observation, coloured by how well it is evidenced.

The acquirers, one by one →Every tracked buyer with its prices, capital deployed, debt and what its capital costs.

Every deal on file →One page per disclosed acquisition, with the filed source and where its price sits in the register.

How much they deploy →How much capital each European software serial acquirer actually puts to work, and across how many acquisitions.

What they owe, and what it costs →Net debt against revenue, the interest each buyer actually pays, and every credit facility on file with its terms.

What their own capital costs →An estimate of what each buyer pays for capital, set against the 20-30% return they demand of the companies they buy.

Method, limits and imprint →How every figure in this register is sourced, what the sample does not support, and the legal notices.

Figures as at 2026-09-08. Every number on this page comes from a filed account or a company’s own published report — how, and what it does not support.