CAT SISTEMAS acquired by EVERNEX
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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Historical Financials (EUR)
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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