NAK Hair acquired by Adamantem Capital
Adamantem Capital agreed to acquire NAK Hair, an Australian hair care brand, on May 1, 2022.
Transaction summary
- Target
- NAK Hair
- Acquirer
- Adamantem Capital Investor profile →
- Seller
- -
- Announced
- 2022-05-01
- Geography
- Australia
- Type
- Acquisition
- Deal type
- Control
- Stake acquired
- -
- First added
- 2026-06-18
- Latest update
- 2026-10-21
Parties at the deal date
Acquirer
Current investor profile →Adamantem Capital is a private equity firm specializing in Australian and New Zealand mid-market opportunities with an enterprise value between A$100-500m. Adamentem's mandate is broad and can include funding management buy outs and buy ins, expansion capital, recapitalisations, funding carve-outs and private investments in listed companies. Adamantem Capital is based in Sydney and was founded in October 2016.
Snapshot preserved for this transaction; current company profiles may differ.
Value and multiples
100% enterprise value
AUD 90.0M
100% enterprise value | AUD
Basis: Estimated
Reported price is assumed to be 100% EV unless stated otherwise. Partial-stake estimates are qualified in the basis notes.
Approx. $64.5M USD using FX date 2022-04-29 at 0.7171 AUD/USD.
EV / revenue
2.3x
Period not stated
Basis: FundComb estimate
EV / EBITDA
-
EBITDA basis not stated
Basis: FundComb estimate
Basis
- The Australian Financial Review reported a $90m deal on 1 May 2022; the AUD currency and revenue of AUD 40m come from FundComb’s comps spreadsheet and are not confirmed by a public source. AUD 90m / AUD 40m is 2.25x, shown as an estimated 2.3x revenue. The revenue period is not stated.
Source summary
PE firm Adamantem Capital to nourish Nak Hair in $90m deal - AFR
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