Pinewood Technologies Acquisition, Valuation & Financials

Pinewood Technologies was acquired by Ridgeview Partners for $735M in August 2026, a 21.8x multiple on $34M of revenue.

Pinewood Technologies acquisition price

$735M

Acquired by Ridgeview Partners · Aug 2026

Pinewood Technologies revenue at acquisition

$34M

Last twelve months · Aug 2026

Pinewood Technologies revenue multiple at acquisition

21.8x

EV/Revenue · Aug 2026

Pinewood Technologies market cap before the deal

$694M

LON: PINE · Oct 2026

Pinewood Technologies Overview

About Pinewood Technologies

Pinewood Technologies Group PLC is a cloud-based full-service technology provider to automotive retailers and OEMs. The company provides Dealer Management System (DMS) software, automotive intelligence platforms, Business Intelligence reporting, AI-powered automotive solutions, and software across sales, aftersales, accounting, and CRM. The company operates through two reportable segments: Pinewood majority of revenue, which comprises the Group's activities as a dealer management systems provider, and Seez, which comprises sales of AI products for automotive retail as well as digital advertising and sales lead generation. The company operates in the UK with the majority of revenue, Europe (excl. UK), Africa, Asia-Pacific and Middle East, and North and Central America.


Founded

1988

HQ

United KingdomBirmingham

Status

Acquired

Customer focus

B2B

Revenue model

Subscription

Revenue

$34M (Aug 2026)

Valuation

$735M (acquired Aug 2026)

Pinewood Technologies Acquisition

Pinewood Technologies was acquired by Ridgeview Partners for $735M on 19 August 2026.

The acquisition price implies a 21.8x revenue multiple on $34M of revenue.

Ridgeview Partners agreed to acquire Pinewood Technologies Group plc for approximately £545 million in an all-cash transaction at £4.48 per share, a 43% premium to the undisturbed share price. The acquisition was structured through U.K. Piston Bidco Limited, a newly formed company indirectly owned by entities administered by Ridgeview, and eligible shareholders were also offered an alternative rollover option into unlisted interests in a Cayman Islands vehicle, subject to a maximum aggregate value of about £250 million. The offer was described as representing about 13x FY25 reported revenue and about 31x FY25 reported EBITDA, underscoring the premium paid for Pinewood’s recurring software franchise. Pinewood’s board indicated it was minded to recommend the proposal after Ridgeview returned with an improved best and final offer, following earlier approaches during 2026. Pinewood Technologies Group provides a cloud-based platform for automotive retailers and manufacturers, covering vehicle sales, customer relationship management, repairs, and accounting. The company is listed in London and operates as an automotive software business serving dealerships and manufacturers.

Pinewood Technologies acquisition details
AcquirerDateTypePriceEV/Revenue
  • Ridgeview Partners
19 Aug 2026PE buyout$735M21.8x

Pinewood Technologies as a Public Company

Pinewood Technologies traded as LON: PINE before it was taken private. Its acquisition was announced in August 2026. October 2026 is its last month on record as a listed company, with a market cap of $694M and an enterprise value of $670M.

Over the 4 years before that, its market cap grew from $439M in October 2022 to $694M.

Pinewood Technologies market cap while listed

Pinewood Technologies EV/Revenue (LTM) while listed

Pinewood Technologies financials and trading multiples by year while listed
As ofMarket capRevenue (LTM)EBITDA (LTM)EBITDA marginEV/RevenueEV/EBITDA
Oct 2026$694M-----
Oct 2025$555M$54M$20M38%9.5x25.4x
Oct 2024$373M$39M$18M47%9.2x19.5x
Oct 2023$555M$4.7B$202M4%0.2x3.8x
Oct 2022$439M$4.3B$168M4%0.2x4.1x

Market cap, enterprise value and last-twelve-month figures are month-end values, up to the last month Pinewood Technologies traded.

Acquisitions by Pinewood Technologies

Pinewood Technologies has acquired 2 companies to date.

Last acquisition by Pinewood Technologies was on June 6th 2025. Pinewood Technologies acquired Lithia North America for $150M.


Latest Acquisitions by Pinewood Technologies

Lithia North America
Seez
Description
-
Seez is a Zurich-headquartered data platform for automotive retail connecting buyers and sellers. Its mobile app features AI-driven search, valuation tools, financing options, and dealer matching across Europe. Operating in Switzerland, Germany, and Austria, Seez streamlines transactions with verified listings and test drive bookings.
HQ Country-United Arab Emirates
HQ City
-
Dubai
Deal Date6 Jun 202521 Feb 2025
Valuation$150M$46M
EV/Revenue
EV/EBITDA

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Investments by Pinewood Technologies

Pinewood Technologies has invested in 1 company to date.

Latest investment by Pinewood Technologies was on September 4th 2024. Pinewood Technologies invested in Seez in their $6M Strategic investment round.


Latest Investments by Pinewood Technologies

Seez
Description
Seez is a Zurich-headquartered data platform for automotive retail connecting buyers and sellers. Its mobile app features AI-driven search, valuation tools, financing options, and dealer matching across Europe. Operating in Switzerland, Germany, and Austria, Seez streamlines transactions with verified listings and test drive bookings.
HQ CountryUnited Arab Emirates
HQ City
Dubai
Deal Date4 Sep 2024
RoundStrategic investment
Raised$6M
Investors-
Valuation$4M
EV/Revenue
EV/EBITDA

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Pinewood Technologies Competitors

Pinewood Technologies competitors include listed companies like Aeva and SENASIC Electronics Technology, and private ones like Avayler, DealersGear, Dazhongkanche and AutoFi.

Public and private companies comparable to Pinewood Technologies
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
AvaylerUnited KingdomRedditchPrivate--$61M-
DealersGearUnited StatesLos Angeles, CAPrivate--$19M-
DazhongkancheChinaBeijingPrivate--$735M-
AevaUnited StatesUnited StatesPublicly listed$18M($139M)$767M25.0x
AutoFiUnited StatesSan Francisco, CAPrivate--$700M-
SENASIC Electronics TechnologyChinaChinaPublicly listed$72M($48M)$779M-

Pinewood Technologies Public Comps

Pinewood Technologies is no longer listed, but its public comps include Aeva, SENASIC Electronics Technology, Yonyou Auto Information Technology, Wuhu Atech Automotive Co, Alfa Financial Software, Qiming Information, Broadleaf, Pateo Connect Technology, Cerence and SaverOne.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Aeva$18M($139M)39.9x25.0x(5.2x)(6.3x)
SENASIC Electronics Technology$72M($48M)8.9x-(13.4x)-
Yonyou Auto Information Technology$77M$6M8.0x-110.8x-
Wuhu Atech Automotive Co$542M$49M1.1x-11.6x-
Alfa Financial Software$170M$58M3.7x3.6x10.8x10.9x
Qiming Information$116M$14M6.4x-53.5x-
Broadleaf$132M$33M4.0x3.7x15.9x-
Pateo Connect Technology$527M($144M)2.4x1.5x(8.7x)(21.1x)

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Common questions about Pinewood Technologies

When was Pinewood Technologies founded?Pinewood Technologies was founded in 1988.
Where is Pinewood Technologies headquartered?Pinewood Technologies is headquartered in Birmingham, United Kingdom.
Is Pinewood Technologies publicly listed?No, Pinewood Technologies was acquired by Ridgeview Partners in August 2026.
Who acquired Pinewood Technologies?Pinewood Technologies was acquired by Ridgeview Partners in August 2026.
How much was Pinewood Technologies acquired for?Pinewood Technologies was acquired for $735M in August 2026, a 21.8x revenue multiple.
Which companies are comparable to Pinewood Technologies?Companies comparable to Pinewood Technologies include Avayler, DealersGear, Dazhongkanche, Aeva, AutoFi and SENASIC Electronics Technology.
What was Pinewood Technologies' market cap before the acquisition?Pinewood Technologies had a market cap of $694M in October 2026, its last month on record as a listed company.
How many companies has Pinewood Technologies acquired?Pinewood Technologies has acquired 2 companies, including Lithia North America and Seez.
What was the largest acquisition by Pinewood Technologies?The $150M acquisition of Lithia North America in June 2025 is the largest acquisition Pinewood Technologies has made to date.
How many companies has Pinewood Technologies invested in?Pinewood Technologies has invested in 1 company, including Seez.
What was Pinewood Technologies' last investment?In September 2024, Pinewood Technologies invested in Seez's $6M strategic investment round.

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