1E acquired by TEAMVIEWER
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 LOGIN in 2024, is valued in this transaction at an EV/EBITDA multiple of LOGIN, a level LOGIN than the average currently observed in the TMT (Tech, Media, Telecom) sector (14.8x).
Note that this data is based on contribution from our growing community, composed of M&A and Private Equity professionals, and has been verified by our team to ensure its accuracy.
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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.
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Historical Financials (USD)
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REFERENCES
Valuation range: EV 500M - 1.5b USD
Revenue range: 50M - 100M USD
EBITDA range: 10M - 30M USD
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Authors: verified mynth contributor (mynth data is contributed by M&A / PE professionals and systematically cross-verified with private deal documents and official press releases).
Press release: view release
Target: 1e
Acquirer: teamviewer