mynth
10/2025

ALBASOFT acquired by SESA GROUP

ITALY Software / ERP, HR & Finance EV 0M - 15M EUR

Context

Var Group, a subsidiary of Sesa, has completed the acquisition of a 20% stake in Albasoft, establishing put and call option mechanisms designed to facilitate the gradual acquisition of the entire share capital. This business combination is a strategic initiative under the Sesa 2026–27 industrial plan, designed to enhance the group's presence in the Digital Platforms and Vertical Applications segment. By integrating the target's specialized software for corporate treasury and financial flow optimization, the acquirer aims to create an integrated application scenario that bridges the gap between ERP systems and banking platforms. The strategic rationale is driven by the growing necessity for process standardization, automation, and real-time financial monitoring amidst rising interest rates and regulatory demands.

The acquisition of Albasoft is part of the growth strategy of Sesa Group, which already has several external growth operations under its belt, notably Visicon in 2025.

ALBASOFT, 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 (15.3x).

-> Deep-dive in TMT (Tech, Media, Telecom) market trends

Target

Albasoft S.r.l. is a specialized software developer based in Padua, Italy, dedicated to optimizing corporate financial and treasury management. The company’s solutions provide a critical interface between existing ERP systems and remote banking platforms, enabling real-time monitoring and automation of complex financial flows. By offering tools that bridge the gap between operational financial activities and banking execution, the firm addresses the increasing market demand for process standardization, robust internal controls, and data centralization. Its specialized software suite facilitates the automated reconciliation of financial transactions, providing treasurers and financial controllers with enhanced visibility and operational efficiency. Through its focus on digitalization and financial automation, the company helps organizations mitigate the operational risks associated with IT system fragmentation and regulatory compliance.

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (EUR)

Year
Rev
EBITDA
EBIT
2024
2023

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REFERENCES

Valuation range: EV 0M - 15M EUR

Revenue range: 0M - 5M EUR

EBITDA range: 0M - 5M EUR

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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

Acquirer: sesa group