At what enterprise value was EVERIS GROUP acquired in 2013?

During the acquisition of EVERIS GROUP by NTT DATA CORPORATION in 2013, the company was valued at an estimated revenue multiple of below 5x. The transaction's Enterprise Value is estimated to be in the range of 300M - 700M EUR. 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 13.0x, providing a valuable benchmark for this transaction.

What was the EV/EBITDA of EVERIS GROUP when it was acquired by NTT DATA CORPORATION?

The exact EV/EBITDA multiple for EVERIS GROUP is available on mynth capital. For comparison, the TMT (Tech, Media, Telecom) sector currently shows an average EBITDA multiple of 13.0x. Join our community for free to access full valuation data and industry trends.

When was EVERIS GROUP acquired by NTT DATA CORPORATION?

EVERIS GROUP was acquired by NTT DATA CORPORATION in 2013.

What was the revenue of EVERIS GROUP at the time of the deal?

The revenue of EVERIS GROUP at the time of the deal is estimated to be in the range of 450M - 900M EUR. Register for free to access the full transaction report and exact valuation multiples.

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 EVERIS GROUP 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 EVERIS GROUP 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.rns-pdf.londonstockexchange.com/rns/8582R_-2013-10-31.pdf

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Home Database TMT (Tech, Media, Telecom)EVERIS GROUP

10/2013

EVERIS GROUP

Acquired by

NTT DATA CORPORATION

SPAIN IT Services / Consulting & Integration / Custom Dev EV 300M - 700M EUR

EVERIS GROUP acquired by NTT DATA CORPORATION

SPAIN IT Services / Consulting & Integration / Custom Dev EV 300M - 700M EUR

Context

The acquisition of Everis Group by NTT DATA CORPORATION is a strategic move to expand NTT DATA's global presence and enhance its IT services capabilities. The deal is part of NTT DATA's Medium-Term Management Plan, which aims to establish the company as one of the top 5 IT services firms globally. Through the acquisition, NTT DATA will gain access to Everis Group's large-scale and stable customer base, advanced consulting capabilities, and top-class personnel with expertise in system integration and outsourcing services. The acquisition will also enable NTT DATA to acquire Everis Group's business platforms in Spain and Latin America, and provide comprehensive IT services to its customers in these countries. Furthermore, NTT DATA will utilize Everis Group's near-shore and off-shore High Performance Centers to improve price competitiveness and quality of its services. The deal is expected to strengthen NTT DATA's ability to provide customers with global support, and enhance its position as a leading IT services company worldwide. The acquisition will also enable Everis Group to collaborate with NTT DATA GROUP's global operations and wide range of services, providing enhanced value to its customers as a global business partner. The deal is a significant step forward for NTT DATA's global expansion strategy, and is expected to have a positive impact on the company's growth and profitability.

EVERIS GROUP, which reported an EBITDA margin of LOGIN in 2013, 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 (13.0x).

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

Everis Group is a leading IT services company based in Spain, providing a wide range of services including consulting, system integration, and outsourcing to clients across various industries such as banking, insurance, telecommunications, government, and manufacturing. The company has a strong presence in Spain and six Latin American countries, with a large-scale and stable customer base. Everis Group has also established six near-shore and off-shore High Performance Centers in Spain and South America, which have received CMMI Level 5 certification, enabling the company to provide high-quality, low-cost services. With a team of top-class personnel with expertise in system integration and outsourcing services, Everis Group is well-positioned to provide comprehensive IT services to its customers. The company's business platforms in Spain and Latin America are designed to provide customers with a range of services, from consulting to outsourcing, and its collaboration with other companies enables it to provide enhanced value to its customers as a global business partner.

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REFERENCES

Valuation range: EV 300M - 700M EUR

Revenue range: 450M - 900M EUR

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

Authors: mynth contributor (mynth data is contributed by M&A / PE professionals and systematically cross-verified with private deal documents and official press releases).

Acquirer: ntt data corporation