Who owns ALLGEIER IT SERVICES?

ALLGEIER IT SERVICES has been 100% owned by SYNOVA since October 2025.

At what enterprise value was ALLGEIER IT SERVICES acquired in 2025?

During the acquisition of ALLGEIER IT SERVICES by SYNOVA in 2025, the transaction's Enterprise Value is estimated to be in the range of 50M - 150M EUR.

What was the EV/EBITDA of ALLGEIER IT SERVICES when it was acquired by SYNOVA?

The estimated EV/EBITDA multiple for ALLGEIER IT SERVICES is in the range of 5x - 12x.

When was ALLGEIER IT SERVICES acquired by SYNOVA?

ALLGEIER IT SERVICES was acquired by SYNOVA in 2025.

What was the revenue of ALLGEIER IT SERVICES at the time of the deal?

The revenue of ALLGEIER IT SERVICES at the time of the deal is estimated to be in the range of 25M - 50M EUR.

What was the EBITDA of ALLGEIER IT SERVICES during the acquisition?

ALLGEIER IT SERVICES's EBITDA is estimated to be in the range of 5M - 25M EUR.

How is the data for the ALLGEIER IT SERVICES acquisition sourced and is it reliable?

Mynth data is contributed by a professional community of M&A and Private Equity experts. Each transaction, including the ALLGEIER IT SERVICES deal, is systematically cross-verified by our team using private deal documents and official sources. You can also find the official press release for this transaction here: https://www.synova.pe/news/synova-agrees-to-acquire-allgeier-it-services-gmbh-from-allgeier-se

What is the average EV/EBITDA multiple for the TMT (Tech, Media, Telecom) sector in 2026?

The average EV/EBITDA multiple for the TMT (Tech, Media, Telecom) sector in 2026 is 15.1x.

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Home Database TMT (Tech, Media, Telecom)ALLGEIER IT SERVICES

10/2025

ALLGEIER IT SERVICES acquired by SYNOVA

GERMANY IT Services EV 50M - 150M EUR

Context

Synova has agreed to acquire Allgeier IT Services GmbH from the listed German technology group Allgeier SE. The transaction is structured as a carve-out, separating the managed services unit from the parent group's software engineering core. Strategically, Synova aims to use AITS as a consolidation platform to buy and build in the highly fragmented German IT services market. The plan includes investing in the company's commercial engine and pursuing add-on acquisitions to expand geographically and technological

ALLGEIER IT SERVICES, which reported an EBITDA margin of in 2025, is valued in this transaction at an EV/EBITDA multiple of , representing a to the average currently observed in the TMT (Tech, Media, Telecom) sector (15.1x).

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

Target

Allgeier IT Services (AITS) is a leading end-to-end IT services provider in Germany. Formerly a division of the listed group Allgeier SE, the company specializes in serving the "Mittelstand" (SMEs) and critical national infrastructure clients. It operates from 10 offices across Germany with over 300 clients. Its service portfolio includes hybrid cloud infrastructure, cybersecurity operations (SOC), data analytics, and AI-driven digital transformation solutions.

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (EUR)

Year

Rev

EBITDA

EBIT

2025

2024

Similar deals in IT Services

List of similar M&A transactions (Date, Acquirer, Target, Country, Sub-sector)
Date	Acquirer	Target	Country	Sector
11/2025	SESA GROUP	4IT SOLUTIONS	SWITZERLAND	MSP (Managed Services)
11/2025	EMK CAPITAL	PROJECT INFORMATICA	ITALY	Consulting & Integration
10/2025	ARTIFICIAL INTELLIGENCE INFRASTRUCTURE PARTNERSHIP AIIP / MGX / Global Infrastructure Partners	Aligned Data Centers	UNITED STATES	Hosting / Datacenter
10/2025	ICG	MAGELLAN PARTNERS	FRANCE	Consulting & Integration
10/2025	VODAFONE GROUP	Skaylink	GERMANY	MSP (Managed Services)
09/2025	LEHIBOU	ADONYS SECURITY	FRANCE	Cybersecurity Services
09/2025	HAWK INFINITY SOFTWARE	NORDIC BIM GROUP	FINLAND	Consulting & Integration
07/2025	CINVEN	ARTEFACT	FRANCE	Data & AI Consulting
07/2025	SOFTWAREONE	CRAYON	NORWAY	Consulting & Integration
07/2025	Darktrace	Mira Security	SOUTH AFRICA	Cybersecurity Services

REFERENCES

Valuation range: EV 50M - 150M EUR

Revenue range: 25M - 50M EUR

EBITDA range: 5M - 25M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of ALLGEIER IT SERVICES by SYNOVA 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

Acquirer: synova