At what enterprise value was APPLI-KEY acquired in 2023?

You can find the full valuation details of APPLI-KEY on mynth capital. By registering for free, you get access to complete and exact transaction details including enterprise value, revenue, and EBITDA. Additionally, our database shows that the TMT (Tech, Media, Telecom) industry currently tracks an average EBITDA multiple of 14.4x, providing a valuable benchmark for this transaction.

What was the EV/EBITDA of APPLI-KEY when it was acquired by SANTIANE?

The exact EV/EBITDA multiple for APPLI-KEY is available on mynth capital. For comparison, the TMT (Tech, Media, Telecom) sector currently shows an average EBITDA multiple of 14.4x. Join our community for free to access full valuation data and industry trends.

When was APPLI-KEY acquired by SANTIANE?

APPLI-KEY was acquired by SANTIANE in 2023.

What was the revenue of APPLI-KEY at the time of the deal?

The revenue of APPLI-KEY at the time of the deal is estimated to be in the range of 0M - 5M EUR. Register for free to access the full transaction report and exact valuation multiples.

What was the EBITDA of APPLI-KEY during the acquisition?

APPLI-KEY's EBITDA is estimated to be in the range of 0M - 5M EUR. Join our community for free to access complete and exact deal data.

What is Enterprise Value (EV)?

Enterprise Value (EV) is a measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization. EV includes in its calculation the market capitalization of a company but also short-term and long-term debt as well as any cash on the company's balance sheet.

What is the EV/EBITDA multiple and why is it used?

The EV/EBITDA multiple is a financial ratio that compares a company's Enterprise Value (EV) to its Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA). It is widely used in M&A and valuation because it allows for comparisons between companies with different capital structures and provides a clear view of operational profitability.

How is the data for the APPLI-KEY 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 APPLI-KEY 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.lgtcp.com/lgt-private-debt-supports-santianes-acquisition-ugip-assurances-julia-assurance-and-appli-key

← DATABASE

Home Database TMT (Tech, Media, Telecom)APPLI-KEY

07/2023

APPLI-KEY acquired by SANTIANE

FRANCE Software / Industry-Specific Software / Financial Services / Banking REV 0M - 5M EUR

Context

The acquisition of Appli-Key by Santiane marks a strategic expansion of the latter's capabilities in the InsureTech sector, enabling the company to strengthen its market position and accelerate its growth. Through this transaction, Santiane aims to leverage Appli-Key's expertise in software development and digital solutions to enhance its own offerings and improve its operational efficiency. The deal is part of Santiane's broader strategy to diversify its business and expand its market footprint, driven by regulatory changes and evolving customer needs. By integrating Appli-Key's innovative solutions and talented team, Santiane seeks to create a leading player in the French insurance brokerage market, capable of delivering high-quality, tailored services to its clients. The acquisition is expected to generate significant synergies, driven by the combination of Santiane's industry expertise and Appli-Key's technological capabilities, and is financed through a combination of capital and debt raised from LGT Capital Partners and Tikehau.

APPLI-KEY, which reported an EBITDA margin of LOGIN in 2023, is valued in this transaction at an EV/EBITDA multiple of LOGIN, a level to compare with the average currently observed in the TMT (Tech, Media, Telecom) sector (14.4x).

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.

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

Target

Appli-Key is a French InsureTech company specializing in the development of innovative software solutions for the insurance industry. Founded in 2007 and based in Reims, the company has established itself as a key player in the digital transformation of insurance professionals, including brokers, insurers, and mutual funds. Appli-Key's expertise lies in creating customized, web-based solutions that cater to the specific needs of its clients, leveraging its extensive experience in the insurance sector. The company's product portfolio includes Akisa, a module for online subscription of health and loan insurance products, Gabeliga, a claims management software for loan and insurance products, and Procento, a SaaS solution for managing insurance contracts. Through its consulting and training services, Appli-Key supports the digital transformation of its clients, providing tailored solutions, integration services, and expert advice to enhance their operational efficiency and customer experience.

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (EUR)

Year

Rev

EBITDA

EBIT

2023

2022

Similar deals in TMT (Tech, Media, Telecom)

List of similar M&A transactions (Date, Acquirer, Target, Country, Sector, Deal Context)
Date	Acquirer	Target	Country	Sector	Deal Context
08/2023	POLLEN STREET CAPITAL	ASSESSIO	SWEDEN	Software	Pollen Street Capital has acquired a majority stake in Assessio from Main Capital Partners. This transaction marks the culmination of a successful transformation phase where the company pivoted from a consultancy-driven model to a scalable SaaS business
08/2023	EQT PARTNERS	SUSE	GERMANY	Software	EQT Private Equity, holding approximately 79% of SUSE’s shares, initiated a voluntary public purchase offer to acquire all remaining outstanding shares. The strategic objective is to transition SUSE from a publicly traded entity on the Frankfurt Stock Exchange to a private company
05/2023	LIGHT & WONDER	SCIPLAY CORPORATION	UNITED STATES	Software	Light & Wonder has entered into a definitive agreement to acquire SciPlay Corporation. This transaction results in the full integration of SciPlay as a wholly-owned subsidiary, leading to the delisting of SciPlay from the Nasdaq Global Select Market
05/2023	SILVER LAKE	TEAMSYSTEM	ITALY	Software	Technology investment firm Silver Lake has entered into a definitive agreement to acquire a significant minority equity stake in software provider TeamSystem. Following the completion of the transaction, which remains subject to customary closing conditions and regulatory approvals, Hellman & Friedman (H&F) will retain its position as the controlling majority shareholder
05/2023	EDENRED	REWARD GATEWAY	UNITED KINGDOM	Software	Edenred acquired 100% of Reward Gateway. Strategically, this is a "platform expansion" play. Edenred aims to take Reward Gateway's proven technology (currently strong in the UK/Australia) and roll it out across its own massive footprint in continental Europe (France, Belgium, Germany, Italy, Spain, Romania)
05/2023	TA ASSOCIATES / MONTAGU PRIVATE EQUITY	HARVEST	FRANCE	Software	TA Associates and Montagu acquired a majority stake in Harvest from Five Arrows (Rothschild & Co), which had owned the company since 2019. Five Arrows successfully delisted the company in 2020 (valued at EUR120M then) and executed a rapid build-up strategy
04/2023	SUMMIT PARTNERS	DOCTRINE	FRANCE	Software	Summit Partners has finalized the landmark acquisition of a majority stake in Doctrine, representing the largest transaction to date in the French LegalTech ecosystem. The deal, valued above 100 million EUR, marks a significant entry for the US-based growth equity firm into the European legal intelligence market, utilizing its dedicated European investment vehicle
02/2023	BRIDGEPOINT	EQUATIV	FRANCE	Software	Bridgepoint acquired a majority stake in Equativ, valuing the company at over EUR300M. This transaction aims to support the group's international growth, particularly in the US market, and finance its build-up strategy to consolidate the independent AdTech market
01/2023	THE CARLYLE GROUP	GROUPE LACOUR	FRANCE	Software	The Carlyle Group has entered into exclusive negotiations to acquire a majority stake in Lacour Group. This marks the first-ever opening of Lacour's capital since its 1985 inception. CEO Angelo Maida will significantly reinvest alongside Carlyle to remain a key stakeholder
01/2023	TARGA TELEMATICS	VIASAT GROUP	ITALY	Software	The acquisition of Viasat Group by Targa Telematics is a strategic move aimed at creating a leading global player in the IoT and digital solutions market for connected mobility. The deal is expected to strengthen Targa Telematics' position in the Italian market and accelerate its European expansion, while also enhancing its capabilities in the development and implementation of innovative electronic solutions

REFERENCES

Revenue range: 0M - 5M EUR

EBITDA range: 0M - 5M EUR

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

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).

Target: appli-key

Acquirer: santiane