mynth
07/2017

CAT SISTEMAS acquired by EVERNEX

SPAIN IT Services / Infrastructure & Cloud / MSP (Managed Services) REV 0M - 5M EUR

Context

Evernex has acquired CAT Sistemas as part of its European buy-and-build strategy. This acquisition strengthens Evernex's footprint in Southern Europe (Spain) and consolidates its position as a leading independent maintainer.

CAT SISTEMAS, which reported an EBITDA margin of LOGIN in 2016, 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.

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Target

CAT Sistemas is a Spanish IT services provider specializing in the maintenance of critical IT infrastructure. It provides third-party maintenance (TPM) solutions for servers, storage, and networking equipment, serving local corporate clients.

Ent. Value

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Multiples

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EV / EBITDA

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Historical Financials (EUR)

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2016
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REFERENCES

Revenue range: 0M - 5M EUR

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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).

Acquirer: evernex