APPLI-KEY has been 100% owned by SANTIANE since July 2023.

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.

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.

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

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)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 in 2023, is valued in this transaction at an EV/EBITDA multiple of , a level to compare with the average currently observed in the TMT (Tech, Media, Telecom) sector (15.1x).

-> 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

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

Target: appli-key

Acquirer: santiane