NAK Hair acquired by Adamantem Capital
Adamantem Capital agreed to acquire NAK Hair, an Australian hair care brand on May 1, 2022. FundComb records estimated consideration of AUD 90.0m. The current comp implies EV / revenue of 2.3x. Public sources confirm the deal; valuation inputs may include estimates where transaction materials do not disclose the full economics.
Transaction summary
- Target
- NAK Hair
- Acquirer
- Adamantem Capital
- Seller
- -
- Announced
- 2022-05-01
- Geography
- Australia
- Tags
- CPGHair CareSalon Haircare
- Type
- Acquisition
- Deal type
- Control
- Stake acquired
- -
- First added
- 2026-06-18
- Latest update
- 2026-07-13
Parties at the deal date
Acquirer
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
Price / value
AUD 90.0M
Transaction value | AUD
Basis: Estimated
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
- AUD 90.0m transaction value is a FundComb estimate. Public sources reviewed confirm the transaction, but do not independently disclose every valuation input.
- EV / revenue is recorded as 2.3x. The stored AUD 90.0m value and AUD 40.0m revenue imply 2.25x; the rounded source inputs are retained with this variance disclosed.
- Revenue and multiple inputs are not fully disclosed in public transaction materials reviewed; treat the multiple as an estimate.
Source summary
No public source summary has been published for this transaction yet.