mynth
12/2024

1E acquired by TEAMVIEWER

UNITED KINGDOM Software / Collaboration & Productivity EV 500M - 1.5b USD

Context

TeamViewer has entered into a definitive agreement with Carlyle Europe Technology Partners to acquire 100% of 1E on a cash-free, debt-free basis. Financed via existing credit lines and new debt instruments, the transaction structures the integration of the London-based digital employee experience platform into the purchasing group's corporate network. The operational scope incorporates a workforce of approximately 300 employees. The transaction marks a transformational expansion into the Digital Workplace Management and Digital Employee Experience (DEX) sectors. Prior to the acquisition, TeamViewer’s core competencies centered on remote access, control, and support expertise. By absorbing 1E's autonomous IT platform, the group creates an end-to-end service offering capable of real-time visibility, automated endpoint remediation, and proactive technological troubleshooting.

1E, which reported an EBITDA margin of in 2024, is valued in this transaction at an EV/EBITDA multiple of , a level than the average currently observed in the TMT (Tech, Media, Telecom) sector (15.1x).

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Target

1E operates as an enterprise software provider specializing in the Digital Employee Experience (DEX) management sector. The company's business model centers on its proprietary DEX platform, which delivers real-time visibility and diagnostic analytics across enterprise IT landscapes. This cloud-native infrastructure is engineered to automatically identify technical anomalies and execute automated remediation directly on endpoints. By shifting IT management from a reactive to a proactive architecture, the platform minimizes device downtime, mitigates operational disruptions, and reduces corporate IT support costs while optimizing workplace productivity.

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (USD)

Year
Rev
EBITDA
EBIT
2024
2023

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REFERENCES

Valuation range: EV 500M - 1.5b USD

Revenue range: 50M - 100M USD

EBITDA range: 10M - 30M USD

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of 1E by TEAMVIEWER are reserved for mynth community members. Register for free to unlock full data.

Authors: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.

Press release: view release

Target: 1e

Acquirer: teamviewer